Overview

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

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
$400m
Annual Growth
2012 - 2017
-3.7%
Annual Growth
2017 - 2022
Profit
Employment
692
Business
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...

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Industry Report - Industry Locations Chapter

The industry's establishment distribution reflects the location of diamond and gemstone deposits. These resources are very rare and some of Australia's deposits are the largest in the world. Rio Tinto's Argyle diamond mine has the largest diamond reserves in the world. In addition, the Australian Opal Company's site at Coober Pedy, SA, is the largest producing opal mine in the world. Australia mines the majority of the world's opals that are used in jewellery manufacturing.

The industry's nine establishments are distributed across three states. Australia's only diamond mine, Argyle, is both located in Western Australia. Kimberley Diamonds' Ellendale diamond mine also operated in Western Australia before production ceased in July 2015. Sou..

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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
Opals
Sapphires
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 Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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