20 December 2014
Home Page About Us Services Publications Links Forum
VIEWS
TACY'S MEMO
Opinion
Analysis
NEWS
Mining & Exploration
Rough Trade
Polished Wholesale & Manufacturing
Retail
Governmental
Labs & Trade and Industry Bodies
Branding & Marketing
Legal
Financial
Diamond Pipeline
Statistics
ARCHIVE NEWS - PRE 2008
People
Regional Issues
Created Diamonds
Civil Society
Ethics
Development Issues
Conflict Diamonds
Auctions
Kimberley Process
DIAMOND INTELLIGENCE BRIEFS
Diamond Intelligence Briefs 2014
Diamond Intelligence Briefs 2013
Diamond Intelligence Briefs 2012
Diamond Intelligence Briefs 2011
Diamond Intelligence Briefs 2010
Diamond Intelligence Briefs 2009
Diamond Intelligence Briefs 2008
Diamond Intelligence Briefs 2007
Diamond Intelligence Briefs 2006
Diamond Intelligence Briefs 2005
Diamond Intelligence Briefs 2004
Diamond Intelligence Briefs 2003
Diamond Intelligence Briefs 2002
Diamond Intelligence Briefs 2001
Diamond Intelligence Briefs 2000
Diamond Intelligence Briefs 1999
Diamond Intelligence Briefs 1998
Diamond Intelligence Briefs 1997
Diamond Intelligence Briefs 1996
Diamond lntelligence Briefs 1995
Diamond lntelligence Briefs 1994
Diamond lntelligence Briefs 1990
Diamond lntelligence Briefs 1989
Diamond lntelligence Briefs 1988
Diamond lntelligence Briefs 1987
Diamond lntelligence Briefs 1986
Diamond Intelligence Briefs 1985
Diamond Intelligence Briefs 1984
TACY RESEARCH
Tacy's Reports
Tacy's Research
Tacy's Presentations
RESOURCE LIBRARY
Company Reports
Kimberley Process
NGO Reports
Government Reports
Conflict Diamonds
Producer Marketing Documentation
Trade Organization Guidance
Supplier of Choice
LEGAL
Laws and Regulations
Court Documents
Anti-Money Laundering
Best Practice Principles
Compliance
Competition
Banking
FINANCE
Basel II
Compliance
Decisions
PICTURES
Botswana
De Beers Archive Pictures
Conference Photos
India
Zimbabwe
SITE MAP
MY ARTICLES
created by CyberServe
 Email this      Printer-Friendly Format       Respond to this Article
KPCS: 2010 GLOBAL PRODUCTION UP 10.8% IN VOLUME AND 45% IN VALUE
03 August 2011

Global production of diamonds in 2010 increased 10.8 percent in volume and 45 percent in value, according to annual rough diamond statistics published by the Kimberley Process Certification Scheme (KPCS). Global diamond production in 2010 totaled 133.1 million carats worth almost US$12 billion compared to 120.2 million carats worth US$8.3 billion in 2009. The average price per carat totaled US$90.13, a 31 percent year-over-year increase in value.

According to the KPCS data, nearly US$38 billion worth of rough diamonds were respectively imported and exported globally, signifying a value increase in global trade of 52 percent compared to 2009. Volume-wise, nearly 414 million carats were traded in the markets this year.

Top Producer Countries

Volume-wise, Russia topped the list of producer countries in 2010 reporting 34.9 million carats, while Botswana followed with 22 million carats.  Conversely, in terms of production value, Botswana was the highest-ranked producer country with a total of US$2.6 billion worth of diamonds, while Russia reported US$2.4 billion. Russia held the positions of top producer by volume and value a year ago.

The year's other top producers by volume were the Democratic Republic of Congo, with 20.2 million carats; South Africa, with 13.7 million carats; and Canada, with 11.8 million carats.

By value, the year's other top producers were Canada, with US$2.3 billion worth of diamonds; South Africa, with US$1.8 billion worth of diamonds; and Angola, with US$976 million worth of diamonds.

Other countries who reported notable production volumes included Australia, with nearly 10 million carats; Angola, with 8.4 million carats; Zimbabwe, with 8.4 million carats; and Namibia, with 1.7 million carats.

The KPCS data notes that Venezuela did not report 2010 statistics due to its voluntary suspension of exports and imports. Additionally, the Ivory Coast is also not trading in rough diamonds as it is currently under UN sanctions, adds the report.

Top Importers

The KPCS data reports that India was the top importer by volume in 2010, importing 165.2 million carats. The European Community followed with 141.8 million carats. The UAE imported 43.5 million carats, followed by Israel, with 26.7 million carats and China, with 18 million carats.

By value, the European Community was the largest importer in 2010, bringing in US$13.6 billion worth of rough. India followed, with US$11.2 billion. Israel imported US$4.4 billion worth of rough, followed by UAE with US$2.05 billion and China, with US$2.02 billion.

To download the KPCS pie charts representing 2010 imports, production, exports and KP certificate counts, click on the icon below:

  

 

   Back»