Global Diamond Production Decreases 4.2% in 2015

The Lesson of Sight 8: No Need for More Rough - featured
Share this:

Diamond production in 2015 had mixed results. According to just released Kimberley Process figures, 127.4 million carats of diamonds were mined around the world, a 2.1% increase compared to 2014. The total value of production decreased 4.2% to $112.3 billion.

The rise in volume and decrease in value resulted in a decline in the average value of production. Prices fell 6.2% to $108.96 per carat.

Russia is by far the largest diamond producing country by volume and value. In 2015, the country produced 49 million carats, valued at $4.2 billion. It’s followed by Botswana, which produced 20.8 million carats worth $3 billion.

Following Russia and Botswana, the next top diamond producing countries by volume in 2015 are Democratic Republic of Congo (DRC), Australia and Canada. The top five largest diamond producers by value in 2015: Russia, Botswana, Canada, South Africa and Namibia.

Global Diamond Production in 2015: Key Figures

Diamond Production in 2015 volume and value

Source: Kimberley Process

Get in touch with us if you are interested in global rough diamond trade, global diamond production and understand how it impacts your business.

About the Author:

Edahn Golan
Facebook Twitter LinkedIn

Edahn Golan has 25 years of experience as a diamond industry analyst and is regarded as a leading expert on the workings of the diamond supply chain. He has a unique ability to provide a global perspective alongside the exclusive granular data he shares. His extensive client list includes all the industry's major companies, the most prominent consulting firms, and numerous financial institutions. Leading publications frequently quote him.

What Diamonds are US Consumers Buying Today?
Be Real, Maintain Price, Don’t Be A Clone: Viva Las Vegas

Leave a Comment