SEARCH   
MEMBER LOGIN    

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 | Jan 2014

Precious profit: Margins will grow as the industry's diamond output increases

IBISWorld’s Diamond and Gemstone Mining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$801m
Annual Growth 09-14
-1.6%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
1,550
Businesses
61
Industry Analysis & Industry Trends

Australia is a major producer of diamonds. Although most of its output by volume is classed as cheap gem or industrial grade, it also mines high-value fancy pink and yellow diamonds that can command very high prices on global and domestic markets. The Diamond and Gemstone Mining industry is expected to generate revenue of $801.4 million in 2013-14. This is down from $867.8 million in 2008-09, representing an annualised decline of 1.6%. The decline reflects lower output, while diamond prices have increased slightly on average. Despite the overall decline, industry revenue is forecast to increase by 15.9% in 2013-14 on the back of significantly higher output and prices from Rio Tinto's Argyle mine... purchase to read more

Industry Report - Industry Key Buyers Chapter

Concentration in the Diamond and Gemstone Mining industry is high, with the two largest enterprises accounting for an estimated 92.3% of industry revenue in 2013-14. The bulk of production is in the hands of one firm, Rio Tinto Ltd. There is only one other firm of substance in the industry (Kimberley Diamonds Ltd), with the remaining operators consisting of micro-businesses. Each of these other companies account for less than 1.0% of industry revenue each year.

Industry concentration has decreased in the past five years. In 2008-09, the two largest companies accounted for 95.7% of industry revenue, with some of the smaller operators receiving higher revenue flows in the past five years. Industry concentration is expected to remain relatively steady in the next five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Diamond and Gemstone Mining Industry?

Firms in this industry mine or quarry diamonds and other gemstones.

Industry Products
Gem-quality diamondsIndustrial diamondsCheap gem diamondsSapphires and other gemstonesOpals
 
Industry Activities
Diamond miningOpal miningSapphire miningChrysoprase miningOther gemstone mining


View Sample
Quote
Select Clients