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  • According to figures released by the Antwerp World Diamond Centre, the Antwerp diamond trade experienced an increase in activity nearly across the board in November comparatively, likely tied to events in India and U.A.E. The volume of rough diamond exports surged by 107% compared to October and 142% year-on-year, reaching 14.6 million carats during the month. The value of those rough exports also spiked by 55% compared to last month and 22% year-on-year, achieving $1.28 billion.

  • India's Diwali holiday season was not so festive for the diamond trade, as the recess for the sector led to sharp declines in exports and imports in the month of October. According to statistics published by the Gem and Jewellery Export Promotion Council (GJEPC), exports of polished diamonds fell 23% in value to $1.93 billion, while declining 17% in volume, from 3.3 to 2.7 million carats year-over-year. For the year to date, the value of polished diamond exports has fallen 2.76% to $13.83 billion.
  • According to Rapaport News, based on figures from the Ministry of Economy and Industry, Israel's diamond trade as a whole has slowed in 2017, as exports of polished diamonds to the US, Israel’s largest market, declined 15% to $1.26 billion during the nine-month period. Exports to Hong Kong are also down, but only by 3% to $1.01 billion. Rapaport writes: "The country’s exports of polished diamonds fell 12% year on year to $3.38 billion during the first nine months of 2017, while the volume of goods sent out dropped 11% to 1.297 million carats.

  • India's exports of cut and polished diamonds gained nearly 6% in value year-over-year in September, reports the Gem and Jewellery Export Promotion Council (GJEPC). The Indian trade exported $2.65 billion worth of polished diamonds in September 2017 compared to $1.82 billion in the same month a year earlier, according to provisional data. For the first half of the financial year to date (April-September), India's polished exports are up by 1.7% in value terms, currently sitting at $11.9 billion, compared to $11.7 billion a year earlier.

  • The trend of high volumes of lower-priced rough diamond exports from Antwerp that started in full force during May continued to define the rough trade through the third quarter (July-Sept.), while the diamond capital’s polished trade recorded somewhat soft results. According to figures published by the AWDC, on a year-over-year basis, the volume of rough diamond exports during the quarter increased nearly 12%, totaling over 27 million carats, while their value actually declined by 13% to $2.7 billion. The volume of rough imports also increased 1.5% while their value also tumbled by 13%.

  • The value of polished diamond exports from Antwerp jumped by 7% y-o-y as their volume surged by 30% in the month of August. The sharpest value increase was in exports to Switzerland (+84%), while those to the US remained flat and those to Hong Kong fell by 10%. Polished imports fell by 14% in volume but only 3% in value. Meanwhile, the volume of rough diamond exports from Antwerp remained comparatively high in the holiday month of August as the industry took a three-week break.

  • After bouncing back strongly in the first quarter of 2017, Israel's polished diamond exports slowed significantly in the second quarter, according to data from the Economy and Industry Ministry. Rapaport News writes that Israel's exports of polished diamonds for the half-year ended June declined 3% to $2.55 billion excluding returned goods, while volume fell 6% to 919,422 carats.

  • India's polished diamond exports showed little movement during the month of July, a traditionally slow period in the diamond and jewelry industry. According to figures published by the Gem and Jewellery Export Promotion Council (GJEPC), July exports remained flat at $1.65 billion despite a notable 25% increase in the volume of carats exported, jumping to 3.14 million from 2.5 million carats, continuing the ongoing trend toward high volumes of small, lower-quality goods. The price per carat fell accordingly to $524 from $660.

  • Botswana's exports of rough diamonds produced at the major mines the country fell in the first half of 2017 by 8.6% compared to the same period a year earlier, and 25% compared to the second half of 2016, according to statistics from the Bank of Botswana. In total, the country exported rough diamonds valued at $1.65 billion during the most recent six month period, down from $1.81 billion in H1 2016 and $2.21 billion in H2 2016. First quarter sales during the year were strong, but tapered off in the second quarter, falling to only $105.9 million in June.

  • The trend of high volumes of rough diamond exports from Antwerp continued in July, while the diamond capital’s polished trade showed signs of life among persistently soft results. According to figures published by the AWDC, on a year-over-year basis, the volume of rough diamond exports increased significantly (20%) for the third month in a row (+55% May, +53% June), totaling nearly 11 million carats, while their value actually declined by 4% to $1.1 billion. The volume of rough imports also increased 15% while their value tumbled by 14%.

  • India's exports of polished diamonds rose 3% in value during the first quarter of 2017 (April-June) to $5.8 billion from $5.6 billion in 2016, according to provisional data released by India's Gem & Jewellery Export Promotion Council (GJEPC). In June, the Indian trade recorded a rise of 7.5% to $1.98 bn as compared to $1.84 bn in the same month in 2016. In keeping with the trend of lower-value goods being traded, the percentage increase in the volume of carats exceeded the increase in value, as the volume of polished diamond exports in Q1 rose by 7%, and in June by 17%.

  • Antwerp's diamond trade in June mirrors the trends we have seen from the diamond capital over the first half of the year 2017, with significant volume increases of lower-priced rough exports and a persistently soft polished trade. On a year-over-year basis, the volume of rough diamond exports increased for the second month in a row by more than 50% (53%) while their value rose only 24%. The volume of rough imports also surged 31% while their value lagged behind at 5%.

  • India's exports of cut and polished diamonds in May increased 3.67% year-over-year to US$2.05 billion from US$1.98 bn in the same month a year earlier, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). For the fiscal year to date (April-May 2017), polished exports are up a single percentage point at US$3.8 billion. Rough imports during the month were up 22.5% in value terms at US$1.86 billion compared to US$1.52 billion imported during the previous May. Rough imports have increased 5% for the first two months of the year.

  • Antwerp's diamond trade bounced back in May after a modest month of April, with significant increases across the board compared to the month prior. On a year-over-year basis, the volume of rough diamond exports increased by more than 55% although their value fell by 3%, while rough imports increased more than 13% in volume while declining 18% in value. Value increases were recorded for imports as well as exports of polished goods, while the volume of imports increased nearly 5% and the volume of exports were down 12%.

  • According to government data for the month of March, polished imports to the US dropped 3% to $1.99 billion, or 10% to 970,953 cts in volume. Average price per carat rose 8% to $2,045.

    US polished exports grew 7% to $1.58 billion, leaving net polished imports 28% lower at $402 million. January through to March, imports of polished goods slid 11% to $2.45 billion, with polished exports declining 3% to $4.58 billion.

  • Acording to provisional data released by The Gem & Jewelry Export Promotion Council (GJEPC), India’s polished diamond exports fell by 2% in April to US$1.75 bn, compared with the same month a year earlier. What is telling however is that in the four months of the calendar year, polished exports have risen 2% compared with 2016, reaching $7.65 bn.

  • Antwerp's diamond trade experienced modest and mixed results in April: the volume of rough diamond exports stayed flat for the month while rough imports were down mainly as a result of De Beers not holding a sight in April. Volume declines were also recorded for imports as well as exports of polished goods, in part due to the spring holiday season around the world, though the average value of imports outweighed the fall in volume and ended up slightly on a year-over-year basis.

  • India's Gem & Jewellery Export Promotion Council (GJEPC) has reported overall growth in the industry for the financial year 2016-17 (April 2016 - March 2017), despite what Executive Director Sabyasachi Ray described as a year of “disruption”, referring to various unexpected developments like Brexit, the election of Donald Trump; and, on the homefront, the demonetisation and looming introduction of the Goods and Services Tax (GST).

  • Antwerp's diamond trade trended strong across the board in March, as the rough diamond trade experienced an increase in volume as well as value, while the polished trade saw better results than in previous months. The volume of rough exports from Antwerp increased 7% year-over-year to 10.75 million carats, while rough imports jumped nearly 16% compared to the same month a year earlier, reaching 9.4 million carats.

  • India's polished diamond trade appears to making a solid recovery as it gains distance on November's demonitization shock. The country exported $2.41 billion of cut and polished diamonds in February 2017, a rise of 3.27% as compared to the $2.34 bn in the same month a year earlier, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). More telling, however, is that February exports increased 49% over January 2017 ($1.6b) and were 63% higher than December 2016 (1.48b).

  • Antwerp's rough diamond trade continued its steady climb in the month of February, as the volume of rough exports from Antwerp increased 17% from January, while imports increased over 23% compared to the month before, according to figures from Antwerp World Diamond Centre. The value of those exports reflected the lower-priced nature of the goods, as the dollar value of rough exports only increased 6%, while the value of rough imports actually fell 5% despite the increases in volume.

  • As we noted two weeks ago, word from De Beers and ALROSA was that the sharp decline in low-quality, low-value stones destined for India has abated as the country's cash situation stabilizes post-demonitization, and India's official January trade figures bear this out. The Gem & Jewellery Export Promotion Council (GJEPC) reports that the volume of rough diamond imports during the month increased 41% over December 2016 and a full 79% since November 2016 when demonitization was introduced.

  • Antwerp's rough diamond trade surged again in the month of January, as the dollar value of rough exports from the diamond capital rose 30% while imports kept pace with a 31% increase compared to the same period in a year ago, according to figures from Antwerp World Diamond Centre. Volumes were up as well, with Antwerp exporting nearly 18% more carats than in January 2016, while rough imports increased by 36%.

  • After a difficult 2015, the Antwerp diamond industry recorded a 5% increase in trade in 2016, according to a press release from the Antwerp World Diamond Centre (AWDC). This past year, a total of 48 billion USD worth of diamonds were imported to and exported from Antwerp. "The rough diamond market in particular is clearly making a strong recovery. This is positive sign, given that the rough diamond trade is the foundation and heart of the diamond trade.

  • The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Praveen Shankar Pandya told the Press Trust of India he expects gem and jewellery exports to likely witness growth of about 10 percent this fiscal year due to increasing demand in the US and Europe. "We are seeing the markets improve slowly, especially US and Europe to some extent. Looking at the growth in demand in these markets, we are expecting close to 10 per cent growth in the gems and jewellery exports led by polished diamonds," said Pandya.

  • India's polished diamond exports were sailing along quite nicely in 2016, having put the significant downturn of 2015 squarely behind and having nearly returned to 2014 and 2013 levels, until the bottom fell out in November as exports dropped 53% from $2.52 billion in October to $1.18 billion in November. According to statistics from the Gem and Jewellery Export Promotion Council (GJEPC), polished exports bounced back in December, increasing 25% from November to reach $1.48 billion, but does not indicate a full return to health.

  • Citing figures from Israel's Ministry of Economy and Industry, Rapaport News writes that Israel’s polished diamond exports declined in 2016: exports of polished dropped 6.4 percent to $4.68 billion during the year; Exports to the U.S., Israel's largest trade partner, slid 9 percent to $2 billion, while shipments to Hong Kong fell 8 percent to $1.35 billion. Orders from Belgium slumped 16 percent to $349 million. Polished imports fell 6 percent to $3.28 billion. Meanwhile, rough imports increased 17 percent to $3.25 billion, while rough exports rose 23 percent to $2.7 billion.

  • According to provisional data provided by the Gem & Jewellery Export Promotion Council (GJEPC), India’s November polished diamond exports fell 53% in value from total exports in October, from $2.52b to $1.18b, and declined 10% year-over-year for November. In terms of volume, polished exports fell 51.5% from 3.3 million carats to 1.6 million carats compared to October.

  • Antwerp's rough diamond trade surged again in the month of November, as the dollar value of rough imports to and exports from the diamond capital rose 60% and 63% respectively compared to the same period in a year ago, according to figures from Antwerp World Diamond Centre (AWDC). These figures essentially seal the positive verdict on Antwerp’s 2016 rough trade, as rough exports for the year (January through November) have risen nearly 10% in carat volume and 11.50% in value; rough imports fared just as well, recording a 10.40% increase in volume and a 10% increase in value.

  • India's diamond industry continued in October its strong recovery set forth the first half (April - September) of 2016, as preparations for the Diwali holiday season had a positive effect on the month prior to the holiday recess, and the upheaval of the government's demonitization policy had yet to be unleashed.

  • According to figures released by the Antwerp World Diamond Centre, the volume of rough as well as polished imports to the diamond capital rose during the month of October compared to the same period in a year ago, while exports of both categories slowed. Rough imports increased nearly 11% in volume to 8.4 million carats, representing the highest volume of October rough imports since 2012, though the value of those imports fell 7% to $900 million.

  • According to Rapaport News as gathered from U.S. Census Bureau data, U.S. polished diamond imports surged 33% to $2.18 billion in September. In terms of volume, imports rose 7% when compared to September 2015, with 988,097 carats being traded.

  • The Federation of the Swiss Watch Industry FH reports that September 2016 marks the fifteenth straight month of falling exports. The downturn in watch industry exports flattened out in the third quarter, but remained significant in September, at -5.7%, coming in at a total value of $1.72 billion (1.7 billion francs). Exports to the United States - the leading export county for the second time this year with 11.3% of the total market - rose 4.7%, while those to Japan (7.5% of market) increased 8.9%.

  • India's exports of cut and polished diamonds trended upward during the first six months (April-September 2016) of fiscal year 2017, rising by 10.71% to $11.20 bn, according to the provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). During the fiscal year to date, imports of rough diamonds rose to $8.85 bn, an increase of 27.20%.

  • "U.S. polished diamond imports rose to the highest level seen in the seasonally slow month of August in three years", writes Rapaport News. The traditional slowdown at end of summer was no different this year, as August was the slowest month in 2016 thus far. Nonetheless, according to government figures, inbound shipments of polished rose 2.4 percent to $1.66 billion, the strongest August since 2013 when orders stood at $1.67 billion.

  • Antwerp's rough diamond trade experienced a significant if not extraordinary rise in September, according to figures released by the Antwerp World Diamond Centre, while the polished trade could not shake its downward trend. Rough exports in September increased a whopping 61% in value year on year to $1.42 billion on a 26% increase in volume traded. Antwerp exported 10.8 million carats during the month, compared to 8.5 million carats traded a year ago. These volumes also exceed by more than a million carats - nearly 12% - the rough exports from the record year of 2014.

  • Sierra Leone exported 347,070 carats of diamonds in the first half of this year, according to the country's Diamond Dealers Club. Club President Federico Candiano told Rough & Polished that the country generated $188.9 million in revenue during the period. The figure includes $145,011,552 from mining licenses and $43,851,404 was from mining trader licenses. “The second half [of 2016] should mark a positive increase due to the seasonal washing in the rainy season,” said Candiano.

  • According to statistics published by India's Gem & Jewellery Export Promotion Council (GJEPC), as summarized by Executive Director Sabyasachi Ray, India's cut and polished exports continue to make a gradual recovery in the first five months of fiscal year 2016 (April - August) after seeing polished exports decline 13.66% during the fiscal year 2015.

  • According to figures release by the Antwerp World Diamond Centre, Antwerp's diamond trade this past August - and in particular exports - reversed the fortunes of August 2015, as the value of rough diamond exports increased 23% while polished exports were up 17%. August is always the slowest month of the year, as the industry takes its traditional summer recess at this time, but what trading did take place was on the positive side.

  • South Africa posted a sharply lower trade surplus in July, hit by falling exports of precious metals and stones, including gold and diamonds. The surplus decreased to 5.2 billion rand ($356 million) from 12.5 billion rand ($860 million) in June, Bloomberg, reported, adding nine economist estimates expected a surplus of around 8 billion rand. The rand’s 27 percent drop against the dollar in 2016 has boosted exports, even as demand in South Africa’s largest trading partners was subdued.