”Zimbabwe is the world’s seventh-largest producer of diamonds in 2023,” according to GlobalData, ”with output up by 15% on 2022.”

Over the five years to 2022, production from Zimbabwe increased by a CAGR of 0.49% and is expected to drop by a CAGR of 1.25% between 2023 and 2027.

The Southern African country accounts for 3% of global production, with the largest producers being Russia, Botswana, Canada and the Democratic Republic of the Congo. Exports of diamonds from Zimbabwe increased by 13% in 2023 over 2022. Zimbabwe’s diamond exports are expected to drop at a CAGR of 3.58% between 2023 and 2027.

GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Diamond Mining.