UAE lab-grown diamond trade hits record 76.9m carats

The United Arab Emirates has recorded its highest-ever lab-grown diamond volumes with 76.9 million carats traded in 2025.

It marks an annual increase of 91.5 per cent, with the value of trade rising 7.5 per cent to 1.3 billion US Dollars.

Volumes have more than doubled since 2022, rising 109 per cent from 36.8 million carats, with imports and re-exports expanding at around the same rate, pointing to sustained growth across the UAE’s trade flows.

It comes as Dubai's international trading district DMCC announced it has formally established its Lab-Grown Diamond Vertical, a dedicated platform for the industry that is now increasingly driven by advanced manufacturing and technology as well as jewellery and global consumer demand.

 It establishes an explicit separation from DMCC's natural diamond and coloured stone activities.

The UAE’s total diamond trade reached a record USD 41.7 billion in 2025, alongside sharp growth in synthetic and industrial diamond volumes.

DMCC's Executive Chairman and Chief Executive Officer Ahmed Bin Sulayem explained the decision gives the industry a dedicated global platform to expand international trade flows, bring producers, technology companies and buyers closer together, and build the transparent market infrastructure the sector needs for its continued development.

The Lab-Grown Diamond Vertical formalises several years of DMCC activity in the sector.

Diamond Foundry established its international sales operations at DMCC in 2020, while DMCC has since developed a dedicated digital platform, expanded its research and trade agenda, and hosted two Lab-Grown Diamond Symposiums, with the next scheduled for 2027.

The vertical will bring together global and regional producers, manufacturers, traders, investors, finance providers, technology companies and industrial users, while strengthening Dubai's links with the industry's main global markets.

DMCC establishes its Lab-Grown Diamond Vertical, creating a dedicated platform for an industry whose rapid expansion is increasingly being driven by advanced manufacturing and technology as well as jewellery and global consumer demand. The announcement comes as the UAE records… pic.twitter.com/D8uB6tZQeR

— Dubai Media Office (@DXBMediaOffice) August 30, 2026