Market Research Reports - Ken Research Global Diamond Industry Research | Page 2

SSA (Sub-Saharan African) countries will continue to dominate global diamond production, supported by operating costs and strong projects in the pipeline. The diamond production growth is majorly driven by African countries even though Russia is the world's largest diamond producer in the world. The top diamond producers in South Africa are Congo- Brazzaville, Ghana, Guinea, Guyana, Lesotho or Sierra Leone. African miners benefit a lot due to competitively low operating costs and solid project pipelines. Foreign miners look forward to invest in mines that have already yielded sizeable diamond recoveries. The production cost is all set to increase with the increasing transparency and ensuring responsibly sourced diamonds. With the younger generation more attracted to the diamonds and with more consumer spending limit there is a growth in the diamond market along with supported production. As the supply of diamonds slows down in the next few years the price is expected to remain stagnant. However, if global production continues to increase with the demand then the oversupply will lower the diamond prices. The SSA countries are highly depended on diamond revenue; therefore, the diamond producers are more exposed to price fluctuations. Key Topics Covered in the Report: Global Diamond Reserves by Country Global Diamond Mining Reserves by Selected Operating Mines Global Diamond Industry Research Diamond Demand In North America Europe Diamond Market Demand Analysis Global Precious Metals Market Analysis Global Mining Equipment Market Research Diamond Market Projections Analysis South Africa Diamond Sector Analysis Russia Diamond Jewellery Market US Diamond Jewellery Market Research Asia Pacific Diamond Jewellery Market To know more, click on the link below: