Global diamond reserves 2010-2022
As of 2022, the total global reserves of industrial diamonds amounted to an estimated 1.3 billion carats. At that point, Russia's diamond reserves were estimated to be approximately 600 million carats. Thus, the Russian diamond reserves are largest worldwide. Almost half of the world’s mined diamonds are used for industrial purposes as rough diamonds. Industrial diamonds can be used in cutting, drilling, grinding, and polishing.
