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Diamond and Gemstone Mining in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Diamond and Gemstone Mining Market Research Report | ANZSIC B0991 | Aug 2016

Diamond in the rough: Increased production is set to improve the industry's performance

The Diamond and Gemstone Mining market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$400m
Annual Growth 12-17
-3.7%
Annual Growth 17-22
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Profit
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Employment
692
Businesses
9
Industry Analysis & Industry Trends

Diamond mining and exports dominate the Diamond and Gemstone Mining industry. Australia is a major global producer of diamonds. Industry players export cheaper unsorted diamonds and a limited number of rare coloured diamonds. The yellow and pink diamonds from the Kimberley region in Western Australia are Australia's most notable coloured diamonds, and sales of these high-end stones contributing disproportionately to industry revenue. In addition to diamonds, the industry includes companies that mine opals, sapphires and other gemstones.

Industry revenue is expected to fall at a compound annual rate of 3.7% over the five years through 2016-17, to total $400.4 million... purchase to read more

Industry Report - Industry Analysis Chapter

The performance of the Diamond and Gemstone Mining industry has been volatile over the past five years. Fluctuating production volumes and prices have underpinned this volatility. Australia is a major global producer of diamonds and industry players produce more diamonds than are needed in the domestic market. As a result, the industry is heavily export-oriented and operators depend on global demand for diamonds, which are used in a range of jewellery manufacturing and industrial applications. Industry operators also face strong competition from imports, which account for a high proportion of total domestic demand. The exit of Kimberley Diamonds, previously a major player in the industry, also negatively affected the industry’s performance in 2015-16... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Diamond and Gemstone Mining Industry?

Companies in the industry mine and quarry non-metallic minerals such as diamonds, opals, sapphires and other gemstones.

Industry Products
Gem-quality diamondsUnsorted diamondsOpalsSapphiresOther gemstones
 
Industry Activities
Diamond miningJade miningOpal miningSapphire miningChrysoprase miningKyanite miningOther gemstone mining


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