The diamond jewelry market in brazil is expected to reach a projected revenue of us$ 1,569.0 million by 2030. A compound annual growth rate of 3.6% is expected of brazil diamond jewelry. A smaller share of diamonds is industrial, used as abrasives or cutting tools—this segment behaves differently.
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Historically, the average for brazil from 2004 to 2024 is 160.22 usd per carat. See how brazil diamond performed compared to key markets such as india, the united states and belgium. The brazil industrial diamond market was valued at $32.4 million in 2022, and is projected to reach $55.6 million by 2032 growing at a cagr of 5.59% from 2023 to 2032.
Find the latest exports, imports and tariffs for diamonds trade in brazil.
One of the major drivers for the. The minimum value, 56.01 usd per carat, was reached in 2009 while the maximum of 280.53 usd per carat. In brazil's diamond market, jewelry holds a strong position due to cultural importance, a growing middle class, and the informal economy's preference for portable assets. The market covers the production diamonds (gem), diamonds (industrial).
