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The diamond jewelry market in brazil is expected to reach a projected revenue of us$ 1,569.0 million by 2030. A smaller share of diamonds is industrial, used as abrasives or cutting tools—this segment behaves differently. Historically, the average for brazil from 2004 to 2024 is 160.22 usd per carat.
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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.
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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).
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See how brazil diamond performed compared to key markets such as india, the united states and belgium. A compound annual growth rate of 3.6% is expected of brazil diamond jewelry.
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