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Brazil Diamond Market Size & Outlook, 2025-2030

The diamond market in Brazil is expected to reach a projected revenue of US$ 322.2 million by 2030. A compound annual growth rate of 1.5% is expected of Brazil diamond market from 2025 to 2030.
Revenue, 2024 (US$M)
$295.1
Forecast, 2030 (US$M)
$322.2
CAGR, 2025 - 2030
1.5%
Report Coverage
Brazil
Brazil Diamond Market, 2018-2030 (US$M)

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Brazil diamond market highlights

  • The Brazil diamond market generated a revenue of USD 295.1 million in 2024 and is expected to reach USD 322.2 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 1.5% from 2025 to 2030.
  • In terms of segment, jewelry & ornaments was the largest revenue generating application in 2024.
  • Industrial is the most lucrative application segment registering the fastest growth during the forecast period.

Diamond market data book summary

Market revenue in 2024USD 295.1 million
Market revenue in 2030USD 322.2 million
Growth rate1.5% (CAGR from 2025 to 2030)
Largest segmentJewelry & ornaments
Fastest growing segmentIndustrial
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationJewelry & Ornaments, Industrial
Key market players worldwidePetra Diamonds Ltd, Rio Tinto PLC ADR, Trans Hex, Lucara Diamond Corp, Alrosa, De Beers, Mountain Province Diamonds Inc, Arctic Canadian Diamond Company, Gem Diamonds Ltd

Other key industry trends

  • In terms of revenue, Brazil accounted for 0.7% of the global diamond market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil diamond market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 322.2 million by 2030.

Diamond industry is correlated with economic indicators such as Growth Domestic Product (GDP) and purchasing power among others. 

As per the Organization for Economic Co-operation and Development, the GDP per capita of Brazil accounted for USD 15,651 and is projected to grow at rate of 2.4% This, in turn, is anticipated to benefit the demand for luxurious items such as diamond jewelry. 

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Publish Date: Dec 12, 2024

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Diamond Market Companies

NameProfile# EmployeesHQWebsite
Rio Tinto PLC ADRView profile 57,1746 St James’s Square, London, United Kingdom, SW1Y 4ADwww.riotinto.com
Petra Diamonds LtdView profile 3,0422 Church Street, Clarendon House, Hamilton, Bermuda, HM11www.petradiamonds.com
Trans HexView profile 251-500Cape Town, NA - South Africa, South Africa, Africawww.transhex.co.za
Lucara Diamond CorpView profile 5921250 Homer Street, 502, Vancouver, BC, Canada, V6B 2Y5www.lucaradiamond.com
AlrosaView profile 10001+Mirny, Krasnodar, Russian Federation, Europewww.alrosa.ru/
De BeersView profile 1001-5000London, England, United Kingdom, Europewww.debeers.com/
Mountain Province Diamonds IncView profile 13151 Yonge Street, Suite 1100, Toronto, ON, Canada, M5C 2W7www.mountainprovince.com
Arctic Canadian Diamond CompanyView profile 501-1000Calgary, Alberta, Canada, North Americawww.ddmines.com/
Gem Diamonds LtdView profile 1,4012 Eaton Gate, London, United Kingdom, SW1W 9BJwww.gemdiamonds.com

Brazil Diamond Market Outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Diamond Market Outlook will help companies and investors design strategic landscapes.


Jewelry & Ornaments was the largest segment with a revenue share of 94.37% in 2024.

Horizon Databook has segmented the Brazil diamond market based on jewelry & ornaments, industrial covering the revenue growth of each sub-segment from 2018 to 2030.




Diamond industry is correlated with economic indicators such as Growth Domestic Product (GDP) and purchasing power among others. 

As per the Organization for Economic Co-operation and Development, the GDP per capita of Brazil accounted for USD 15,651 and is projected to grow at rate of 2.4% This, in turn, is anticipated to benefit the demand for luxurious items such as diamond jewelry. 

  • Brazil Diamond Market Application Outlook (Revenue, USD Million , 2018-2030)
    • Jewelry & Ornaments
    • Industrial
  • Brazil Diamond Market Product Outlook (Revenue, USD Million , 2018-2030)
    • Natural
    • Synthetic

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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Diamond Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Diamond Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Brazil Diamond Market, 2018-2030 (US$M)

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Brazil diamond market statistics, by application, 2018-2030 (US$M)

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Brazil diamond market statistics, by application, 2018-2030 (USD Million)

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