Germany"s fossil market, particularly the trade of diamond dust or powder, has exhibited significant activity in 2024. This year, Germany imported a substantial volume of diamond dust, totaling over 869 million carats, with an aggregate value reaching approximately $98. 5 million. This represents a slight decline from 2023, where the import volume was around 174 million carats valued at $18. 3 million. The price per carat in 2024 hovered around $0. 11, a marginal decrease from $0. 10 in 2023, indicating a competitive market environment with slightly easing prices.

On the export front, Germany exported approximately 20. 9 million carats of diamond dust in 2024, generating $4. 3 million in revenue. The export price per carat averaged around $0. 21, showcasing a higher value compared to imports. This differential suggests that Germany effectively adds value to imported diamond dust through processing or reselling strategies. The trends suggest a robust import market driven by industrial demand, counterbalanced by strategic export practices that capitalize on processed goods. Such dynamics highlight Germany"s role as both a significant consumer and processor of diamond dust within the global market.

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