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.
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 2024
USD 295.1 million
Market revenue in 2030
USD 322.2 million
Growth rate
1.5% (CAGR from 2025 to 2030)
Largest segment
Jewelry & ornaments
Fastest growing segment
Industrial
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Jewelry & Ornaments, Industrial
Key market players worldwide
Petra 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.
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.