According to GlobalData, South Africa is the world’s fifth-largest producer of diamonds, with output of 10,320kct in 2022, up by 6% on 2021. Over the five years to 2021, production from South Africa increased by a CAGR of 0.09% and is expected to rise by a CAGR of 7% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Diamond Mining to 2026 report. Buy the report here.
South Africa accounts for 9% of global production, with the other largest producers being Russia (31%), Botswana (21%), Canada (14%) and the Democratic Republic of the Congo (12%). Exports of diamonds from South Africa increased by 6% to 9,361kct in 2022 over 2021. South Africa’s diamond exports are expected to grow at a CAGR of 7% between 2022 and 2026, to 12,077kct by 2026.
Leading producers of diamonds in South Africa are Anglo American and Petra Diamonds. Anglo American's output was 4,848kct in 2021, up by 29% on 2020. Petra Diamonds produced 3,127kct, an increase of 7% on the previous year.
For more detailed analysis of global diamond mining, buy the report here.