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The compound annual growth rate (CAGR) of the industry from 2009 to 2014 stands at six per cent for polished diamonds
and five per cent for diamond jewellery.
* The consolidation in the jewellery sector and an expanding share of online jewellery sales in the US result in a non-recurrent reduction in polished diamond
stocks across the retail sector as businesses embrace more efficient stock management practices, translating into lower diamonds volumes purchased by cutters and polishers.
Surat (Gujarat) [India], Jul 30 ( ANI ): The export of cut and polished diamond
has increased by 8.9 percent in July as compared to the same month a year earlier, as per Gem and Jewellery Export Promotion Council (GJEPC) data.
Dubai also recorded a 100 per cent increase in the volume of total polished diamonds
traded, reaching 163.8 million carats.
imports grew by nearly five per cent in 2009 to $6.9 billion from $6.6 billion in 2008.
A three carat diamond, for example, can cost up to seven times more than a one carat diamond of equal colour and clarity and only one polished diamond
in a 1,000 is over one carat.
Approximately 250 tonnes of ore has to be mined from a kimberlite pipe to produce a one carat polished diamond
of gem quality.
Our two premium assets, at the most profitable poles of the diamond business, inform each other with respect to pricing and polished diamond
A draft Commission Regulation unveiled last August sets new mechanisms to oversee Antwerp's Euro 23 billion polished diamond
markets - which handles 80% of the world's diamonds - as well as the market in London.
The polished diamond
insert can be changed easily, on some models without removing the tool from the machine.
The online Diamond Foundation Course, which was launched last year and is the industrys first to cover the full diamond pipeline, will be available in Simplified Chinese from 1 March, with the Polished Diamond
Grading Course to be translated later this year.