Report Update May 1, 2024

Iceland - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights

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Iceland: Industrial Diamond Market 2020

Industrial Diamond Market Size in Iceland

The revenue of the industrial diamond market in Iceland amounted to $X in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, industrial diamond consumption continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. In that year, the industrial diamond market attained its peak level of $X. From 2009 to 2018, the growth of the industrial diamond market remained at a somewhat lower figure.

Industrial Diamond Exports

Exports by Country

In 2018, Russia (X tons), Angola (X tons), India (X tons) and Belgium (X tons) were the key exporters of diamonds (industrial) in the world, creating X% of total export. It was distantly followed by Botswana (X tons), generating a X% share of total exports. The following exporters - the UK (X tons) and Israel (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest industrial diamond supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Botswana, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Russia totaled +X%. In the other countries, the average annual rates were as follows: the UK (-X% per year) and Botswana (-X% per year).

Export Prices by Country

In 2018, the industrial diamond export price in Iceland amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the industrial diamond export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Industrial Diamond Imports

Imports into Iceland

In 2008, the imports of diamonds (industrial) into Iceland stood at X tons, growing by X% against the previous year. Over the period under review, industrial diamond imports continue to indicate skyrocketing growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. In that year, industrial diamond imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, industrial diamond imports amounted to $X in 2008. Over the period under review, industrial diamond imports continue to indicate a precipitous reduction. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. In that year, industrial diamond imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

Egypt represented the major importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Belgium (X tons), Venezuela (X tons) and Angola (X tons), together constituting a X% share of total imports. The UK (X tons), Israel (X tons), the United Arab Emirates (X tons), India (X tons), the U.S. (X tons) and Ireland (X tons) held a relatively small share of total imports.

Egypt was also the fastest-growing in terms of the diamonds (industrial) imports, with a CAGR of +X% from 2007 to 2018. At the same time, India (+X%) and Venezuela (+X%) displayed positive paces of growth. By contrast, Israel (-X%), the U.S. (-X%), the United Arab Emirates (-X%), the UK (-X%), Ireland (-X%), Belgium (-X%) and Angola (-X%) illustrated a downward trend over the same period. While the share of Egypt (+X p.p.), Venezuela (+X p.p.) and India (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Israel (-X p.p.), the U.S. (-X p.p.), Ireland (-X p.p.), the United Arab Emirates (-X p.p.), the UK (-X p.p.), Belgium (-X p.p.) and Angola (-X p.p.) displayed negative dynamics.

In value terms, the largest industrial diamond importing markets into Iceland were Belgium ($X), the United Arab Emirates ($X) and India ($X), with a combined X% share of total imports. The U.S., the UK, Israel, Egypt, Ireland, Angola, Venezuela and Iceland lagged somewhat behind, together comprising a further X terms of the main importing countries, Egypt (+X% per year) recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the industrial diamond import price in Iceland amounted to $X per ton, remaining stable against the previous year. Over the period under review, the industrial diamond import price continues to indicate a precipitous deduction. Iceland import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the United Arab Emirates ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Angola, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the industrial diamond market in Iceland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives

Country coverage:

Iceland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iceland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023