According to GlobalData, Canada is the world’s third-largest producer of diamonds in 2023, with output down by 6.39% on 2022. Over the five years to 2022, production from Canada decreased by a CAGR of 8.69% and is expected to drop by a CAGR of 7.1% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Diamond Mining to 2026 report. Buy the report here.
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Canada accounts for 13% of global production, with the largest producers being Russia, Botswana, Canada and the Democratic Republic of the Congo. Exports of diamonds from Canada increased by 9% in 2023 over 2022. Canada’s diamond exports are expected to drop at a CAGR of 9.43% between 2023 and 2027.
Leading producers of diamonds in Canada are Rio Tinto and Anglo American. During 2020-2021, Rio Tinto's output was up by 21%, Anglo American's output decreased by 34%.
For more detailed analysis of global diamond mining, buy the report here.
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