Diamonds: whether or not worked, but not mounted or set, unsorted

In 2024, diamonds: whether or not worked, but not mounted or set, unsorted trade exhibited significant decline, with global flows reaching $883,515,293 and a three-year compound annual growth rate of -15.2% (five-year: -17.0%). The all-time peak of $3,598,243,111 was recorded in 2000; the current level is 75% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-4.7% acceleration).

The World Trade Flows Characterization classifies diamonds: whether or not worked, but not mounted or set, unsorted as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.468). The three largest exporters — Canada ($583.9M), Botswana ($254.9M), and Australia ($151.8M) — collectively dominate supply flows. The leading exporter has grown at -8.5% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.250). The three largest import markets are Belgium ($330.1M), Botswana ($210.0M), and India ($160.7M). The largest importing market sources from 18 different supplying countries.

Estimated substitution elasticity: -27.71. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Canada → Belgium at $253.0M, representing 76.6% of the importer's total demand.

The volatility score for diamonds: whether or not worked, but not mounted or set, unsorted is 17 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.