Diamond Jewelry Market in Germany – Growth, Trends, and Outlook (2025–2030)

The diamond jewelry market in Germany is showing steady growth and is expected to expand further over the next few years. According to Grand View Research, the overall diamond market in Germany—including both jewelry and industrial applications—was valued at USD 513.5 million in 2024 and is projected to reach USD 624.1 million by 2030, reflecting a compound annual growth rate (CAGR) of 3.4% between 2025 and 2030.

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Market Segments

Jewelry and Ornaments:
This segment remains the largest and most profitable part of Germany’s diamond market. Strong consumer demand for high-quality diamond jewelry drives sales, with timeless designs such as solitaire rings, diamond earrings, and necklaces continuing to be popular. German buyers appreciate elegance, craftsmanship, and pieces that combine classic style with lasting value.

Industrial Applications:
Although smaller in overall revenue, industrial diamonds are the fastest-growing segment. These diamonds are used in cutting, grinding, and drilling applications across various industries, making them an important part of the market.

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Key Market Trends

Consumer Preferences:
German buyers tend to favor classic and vintage diamond jewelry designs, with an emphasis on understated luxury and heritage-inspired aesthetics. At the same time, the popularity of lab-grown diamonds is rising in Germany, as consumers seek sustainable, ethical, and more affordable alternatives to mined diamonds.

Exports:
Germany’s diamond jewelry industry maintains a strong export presence, shipping products to other European countries, the United States, and China. High-quality craftsmanship, precision, and strict quality standards make German diamonds highly sought after internationally.

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Market Outlook

Looking ahead, Germany’s diamond jewelry market is expected to maintain a positive growth trajectory. The combination of strong domestic demand for luxury items, growing interest in lab-grown diamonds, and the export-oriented nature of the industry will continue to shape market dynamics.

As consumers increasingly value sustainability, authenticity, and timeless design, Germany’s diamond jewelry market is well-positioned to thrive in both traditional jewelry segments and emerging, eco-conscious alternatives.

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