Market Forecast By Product (Natural, Synthetic), By Application (Jewelry, Industrial) And Competitive Landscape
| Product Code: ETC4912004 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Diamond market in Israel is projected to grow at a negative growth rate of -0.00% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

According to 6Wresearch internal database and industry insights,
Below is the evaluation of the year-wise growth rate along with key drivers:
| Years | Estimated Annual Growth (%) | Growth Drivers |
| 2021 | 3.8 | Surge in global demand for high-quality polished diamonds, particularly from North America and Europe. |
| 2022 | 4 | Recovery in the international diamond market with a strong focus on diamond cutting and polishing capabilities in Israel. |
| 2023 | 4.1 | Growth in demand for ethical and conflict-free diamonds, especially from European and U.S. markets. |
| 2024 | 4.3 | Advancements in diamond cutting technologies and automation in the diamond industry. |
| 2025 | 4.5 | Strong demand for custom-made jewelry and diamond exports, especially to the growing luxury markets in Asia. |
The Israel Diamond Market report thoroughly covers the market by Product and Application. The report provides a detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers that will help stakeholders devise and align strategies according to current and future market dynamics.
| Report Name | Israel Diamond Market |
| Forecast period | 2026-2032 |
| CAGR | 5.4% |
| Growing Sector | Jewelry |
The Israel Diamond Industry is growing, fueled by its renowned diamond cutting and polishing expertise, ethical diamond demand, and the luxury jewelry market. Israel's advanced technology, strategic Middle Eastern location, and strong global export network strengthen its position as a leading center for diamond processing, driving continued growth and global trade. Rising jewelry requirement and expanding industrial applications are further boosting the industry’s long-term growth prospects.
Below are some prominent drivers and their influence on the Israel Diamond Market dynamics:
| Drivers | Primary Segments Affected | Why it Matters |
| Diamond Processing Expertise | By Product | Israel is famous for its diamond cutting and polishing, boosting diamond value. |
| Technological Advancements in Cutting | By Product | Automated cutting technology is enhancing efficiency and quality while decreasing costs. |
| Ethical Diamond Sourcing | By Product | Rising requirement for conflict-free diamonds aligns with global trends, especially in Western markets. |
| Growing Demand from Luxury Jewelry | By Application | The luxury sector is fueling polished diamond growth, with wealthy buyers seeking custom jewelry. |
The Israel Diamond Market size is projected to grow at a CAGR of 5.4% during the forecast period (2026–2032). Israel's expertise in diamond cutting, along with a continuous demand for high-quality polished diamonds and ethical sourcing practices, is anticipated to maintain its position as a key player in the global diamond industry. The market will benefit from technological advancements in diamond processing, particularly in cutting, and the rising global demand for luxury and custom-made diamond jewelry. Additionally, Israel's expanding trade networks and its commitment to conflict-free diamonds will contribute significantly to Israel Diamond Market Growth.
Below are some prominent restraints and their influence on the Israel Diamond Market dynamics:
| Restraints | Primary Segments Affected | What this Means |
| Dependence on Global Trade | By Application | The Israel diamond market is impacted by international trade fluctuations, especially from Europe and the U.S. |
| High Luxury Jewelry Prices | By Product | Exorbitant rates of luxury diamond restrict accessibility to a wider audience. |
| Limited Synthetic Diamond Development | By Product | Limited focus on synthetic diamonds may hinder industrial market growth. |
| Economic Sensitivity | By Application | Economic fluctuations can decrease consumer spending on luxury items. |
The Israel Diamond Market faces challenges such as dependency on global market trends and fluctuations in demand from key markets like Europe and North America. The high prices of luxury diamond jewelry limit its market reach, and regional competition from other diamond hubs such as India and Belgium could also affect growth. Additionally, changes in consumer preferences toward alternative gemstones may impact future sales.
Several key trends are shaping the growth of the Israel Diamond Market:
Some notable investment opportunities include:
Some leading players operating in the Israel Diamond Market include:
| Company Name | De Beers Group |
|---|---|
| Established Year | 1888 |
| Headquarters | London, United Kingdom |
| Official Website | Click Here |
De Beers is a global leader in diamond exploration, mining, and trading, with a significant presence in Israel’s diamond cutting and polishing industry. The company plays a crucial role in sourcing and distributing diamonds to the global market.
| Company Name | Herzog Diamond Cutting |
|---|---|
| Established Year | 1977 |
| Headquarters | Israel |
| Official Website | Click Here |
Herzog Diamond Cutting is one of Israel's premier diamond manufacturers, specializing in cutting high-quality polished diamonds. The company is known for its technological expertise and precision in diamond cutting.
| Company Name | Sarine Technologies |
|---|---|
| Established Year | 1988 |
| Headquarters | Israel |
| Official Website | Click Here |
Sarine Technologies is a leading innovator in diamond technology, providing advanced solutions for the diamond industry, including cutting, grading, and imaging tools. The company plays a key role in improving the efficiency of diamond processing.
| Company Name | Ramat Gan Diamond Exchange |
|---|---|
| Established Year | 1958 |
| Headquarters | Israel |
| Official Website | Click Here |
The Ramat Gan Diamond Exchange is one of the world’s largest diamond trading hubs, facilitating the sale and purchase of diamonds globally. It serves as a major center for diamond manufacturers and traders.
| Company Name | Leviev Group |
|---|---|
| Established Year | 1999 |
| Headquarters | Israel |
| Official Website | Click Here |
Leviev Group is an international diamond manufacturing and retail company with significant operations in Israel. The company is known for its expertise in diamond polishing and its luxury jewelry retail presence.
According to Israeli Government Data, implementation of several important measures to ensure responsible sourcing and ethical trade of diamonds. The country is a participant in the Kimberley Process Certification Scheme that aims at stopping the trade in conflict diamonds. The government has also launched laws that require diamond trading to be transparent, which has led to the installation of modern digital systems for tracing the origin of diamonds.
The Israel Diamond Market share is expected to keep rising due to the strong demand for the best quality polished diamonds, the trend of ethical sourcing, and improved cutting technologies. The combination of Israel's optimal location as a global diamond hub and its diamond processing skills will guarantee its prominent role in the global diamond market. Along with that, rising global demand for luxury jewelry has increased export value.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Rashika, Senior Research Analyst, 6Wresearch, Natural diamonds are expected to dominate the market, driven by strong demand for high-quality, ethically sourced diamonds, particularly in the luxury jewelry segment.
Jewelry is expected to lead the market by application, driven by both domestic and international demand. Israel’s luxury diamond jewelry segment continues to expand, with rising demand for bespoke and custom-made jewelry pieces, particularly from affluent consumers in North America, Europe, and Asia.
The report offers a comprehensive study of the following market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Israel Diamond Market Overview |
| 3.1 Israel Country Macro Economic Indicators |
| 3.2 Israel Diamond Market Revenues & Volume, 2022 & 2032F |
| 3.3 Israel Diamond Market - Industry Life Cycle |
| 3.4 Israel Diamond Market - Porter's Five Forces |
| 3.5 Israel Diamond Market Revenues & Volume Share, By Product, 2022 & 2032F |
| 3.6 Israel Diamond Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 4 Israel Diamond Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Growing demand for diamond jewelry in emerging markets |
| 4.2.2 Technological advancements in diamond mining and processing |
| 4.2.3 Strong presence of diamond cutting and polishing industry in Israel |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating diamond prices due to global economic conditions |
| 4.3.2 Competition from synthetic diamonds |
| 4.3.3 Regulatory challenges in the diamond industry |
| 5 Israel Diamond Market Trends |
| 6 Israel Diamond Market Segmentations |
| 6.1 Israel Diamond Market, By Product |
| 6.1.1 Overview and Analysis |
| 6.1.2 Israel Diamond Market Revenues & Volume, By Natural, 2022-2032F |
| 6.1.3 Israel Diamond Market Revenues & Volume, By Synthetic, 2022-2032F |
| 6.2 Israel Diamond Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Israel Diamond Market Revenues & Volume, By Jewelry, 2022-2032F |
| 6.2.3 Israel Diamond Market Revenues & Volume, By Industrial, 2022-2032F |
| 7 Israel Diamond Market Import-Export Trade Statistics |
| 7.1 Israel Diamond Market Export to Major Countries |
| 7.2 Israel Diamond Market Imports from Major Countries |
| 8 Israel Diamond Market Key Performance Indicators |
| 8.1 Average price per carat of diamonds exported from Israel |
| 8.2 Number of new diamond cutting and polishing factories established in Israel |
| 8.3 Investment in research and development for diamond technology in Israel |
| 9 Israel Diamond Market - Opportunity Assessment |
| 9.1 Israel Diamond Market Opportunity Assessment, By Product, 2022 & 2032F |
| 9.2 Israel Diamond Market Opportunity Assessment, By Application, 2022 & 2032F |
| 10 Israel Diamond Market - Competitive Landscape |
| 10.1 Israel Diamond Market Revenue Share, By Companies, 2022 & 2032F |
| 10.2 Israel Diamond Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |