In the dazzling world of gems, diamonds reign supreme as a symbol of luxury, beauty and eternal love. As the demand for these precious gems continues to grow, it becomes even more important to understand the global landscape of diamond production. delve deeper into Top 10 diamond producing countries of 2024 To highlight the key players shaping the diamond market and driving innovation in this prestigious industry.
Largest diamond producing country in the world 2024
leading diamond producing nation Make a significant impact on the global diamond trade and shape the trajectory of the industry. However, along with legal diamond mining, some countries also engage in illegal practices and human rights violations. Therefore, it is important to understand the ethical dimensions of diamond production. Understanding the top diamond producing countries of 2024 provides insight into both the economic forces and ethical considerations driving the diamond industry.
World’s largest diamond producer 2024
In 2024, Russia maintains its position as World’s leading diamond producerstartlingly boasting Annual production of 41,923,910 carats, Known for its abundant natural resources, particularly in the Sakha Republic, Russia’s diamond industry is dominated by state-owned entities such as alrosa, Notable for their exceptional quality, Russian diamonds have a significant impact on global prices, reflecting the country’s important role in the diamond market.
World’s top 10 diamond producers in 2024
Russia with Total diamond production 41,923,910 caratsholds the title of The largest diamond producer in the worldThis is followed by Botswana, Canada and DRC.
Here is the list of top 10 diamond producers in the world in 2024:
| World’s top 10 diamond producers in 2024 | ||
| Post | Country | Diamond Production (Carat) |
| 1. | Russia | 41,923,910 |
| 2. | botswana | 24,752,967 |
| 3. | Canada | 16,249,218 |
| 4. | DRC | 9,908,998 |
| 5. | South Africa | 9,660,233 |
| 6. | Angola | 8,763,309 |
| 7. | zimbabwe | 4,461,450 |
| 8. | namibia | 2,054,227 |
| 9. | Lesotho | 727,737 |
| 10. | Sierra Leone | 688,970 |
The largest producer of diamonds in the world – Russia
Diamond production: 41,923,910 carats
Russia stands as Largest diamond producing country globally, Annual yield 41,923,910 carats, Famous for its vast natural resources, Russia hosts several diamond mines, particularly in the Sakha Republic. State owned enterprises like alrosa Play an important role by contributing significantly to the production of diamonds. Notable for their superior quality, Russian diamonds exert a substantial influence on global prices, shaping diamond market dynamics.
The world’s second largest country in terms of diamond production – Botswana
Diamond production: 24,752,967 carats
botswanalocated here Southern Africaranks as an important diamond producing countryYield 24,752,967 carats annually, Jwaneng and Orapa mines Serve as the primary diamond producing centre. These sites are operated through a partnership between the state and De Beers, a private entity. Recognized globally for its commitment to sustainable practices, Botswana has emerged as a leader in responsible diamond production, setting the standard for ethical mining methods.
World’s third largest diamond producer – Canada
Diamond production: 16,249,218 carats
Canada Has become a notable diamond producer with Diavik and Ekti mines in the Northwest Territories Furthering its progress in the industry. Renowned for its superior quality and ethical mining practices, Canadian diamonds maintain transparency and responsibility in sourcing. This commitment to ethical practices positions Canada as a major player in the global diamond market, offering a reputable and transparent supply of diamonds.
