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

IBISWorld’s Diamond and Gemstone Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.


Market Share of Companies
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022

Industry Threats & Opportunities

  • Industry players export cheaper unsorted diamonds and a limited number of rare coloured diamonds
  • The industry is heavily export-oriented and operators depend on global demand for diamonds
  • Growing global demand for diamonds should easily absorb additional industry diamond production

  • shopping_cartBUY NOW TO READ MORE

    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...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Investment Chapter

    The industry displays a high level of capital intensity. In 2016-17, for every dollar spent on wages, an estimated $1.11 is invested in capital. The industry's major activity, diamond mining, is particularly capital-intensive. Production processes rely on a range of capital equipment, including excavating machinery, cutting and digging equipment, conveyor systems, crushing machinery, power generators, trucks, other vehicles and temporary buildings.

    Other gemstone mining, such as opal and sapphire mining, is typically more labour-intensive, but substantial capital is still required to establish operations. Most of these mines are small, where individuals and small-scale firms use relatively basic capital equipment. Cap..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Diamond and Gemstone Mining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Diamond and Gemstone Mining Industry are

  • Ability to find new resource deposits
  • Access to niche markets
  • Control of distribution arrangements
  • IBISWorld analysts also discuss how external factors such as GDP of mainland China and US dollars per Australian dollar in the Diamond and Gemstone Mining industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Click here to read our

    New Zealand Special Report

    Industry Products

    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 diamonds
    Unsorted diamonds
    Other gemstones
    Industry Activities
    Diamond mining
    Jade mining
    Opal mining
    Sapphire mining
    Chrysoprase mining
    Kyanite mining
    Other gemstone mining

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • GDP of mainland China
  • US dollars per Australian dollar
  • Demand from glass wool, stone and non-metallic mineral product manufacturing
  • Demand from jewellery manufacturing
  • Demand from watch and jewellery retailing

  • Current Performance
  • Revenue and production
  • Capacity expansion
  • Kimberley Diamonds
  • Downstream uses
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and production
  • Global demand
  • Table: Diamond and Gemstone Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Diamond and Gemstone Mining Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing
  • Jewellery Manufacturing

  • Key Selling Industries
  • Contract Mining Services
  • Industrial and Agricultural Chemical Product Wholesaling
  • Mining and Construction Machinery Manufacturing
  • Petroleum Product Wholesaling

  • Products & Services
  • Gem-quality diamonds
  • Unsorted diamonds
  • Opals
  • Other gemstones
  • Sapphires
  • Chart: Diamond and Gemstone Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Overseas manufacturers
  • Overseas processors
  • Domestic manufacturers and processors
  • Chart: Major Market Segmentation for the Diamond and Gemstone Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Diamond and Gemstone Mining

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Diamond and Gemstone Mining Industry

  • Industry Globalization
    Major Companies
    Rio Tinto Plc - Rio Tinto Limited
  • Table: Rio Tinto Plc - Rio Tinto Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Diamond and Gemstone Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Diamond and Gemstone Mining Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A gem that has been polished but not cut.
  • Carat
  • A measure of weight used for gemstones, equal to 200 milligrams.
  • Chrysoprase
  • A green gemstone that contains traces of nickel. Chrysoprase is also referred to as Australian jade.
  • Fancy Diamonds
  • Rare coloured diamonds, such as deep yellow and brown stones, and unusual colours such as blue, pink and green.
  • Lamproite
  • A type of diamond-bearing ore that has a large volume of low-quality stones. The Argyle mine is a source of lamproite diamonds.
  • Pipe
  • A geological structure that contains diamond-bearing ore.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Diamond and Gemstone Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Diamond and Gemstone Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Diamond and Gemstone Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.