Diamond Industry Forecasts Good and Bad Diamond News
Diamond Registry Price Lists, Buy/Sell Loose Diamonds, and Wholesale Diamonds
Sourcing the Planet, Delivering the World...
中文 / English   

Diamond Industry Forecasts Increased Diamond Consumption

2000: Diamond Industry Forecasts Synthetic, Colorless and Fancy Diamonds

Jan. 2000

* First the good news. We think the year 2000 will be another "year of plenty" for the U.S. economy, which bodes well for the diamond industry as a whole.

* The recoveries of the Far East and Japanese markets are progressing very slowly, but they will continue, although it will take a while before the people in those countries have enough money to buy luxuries.

* You’ll be seeing the De Beers name even more as the company looks likely to go ahead with "branding." The only thing that could stop De Beers is anti-trust considerations. One possible solution could be that the "new De Beers" will no longer be a "producers cooperative," and stop contracting with outside producers and concentrate on their own, more profitable operations.

* As worldwide consumption is expected to increase, so will diamond mining. With more venture capital available in Canada and other places, there should be no lack of commercially profitable mines.

* There’s no question about it: There will soon be synthetic colorless and fancy-colored diamonds available. These won’t kill the prices of natural diamonds, but jewelers will have to learn to identify them. Also, expect new kinds of treatments — although we think there will eventually be a way to identify the Lazare Kaplan-General Electric "Pegasus" (now "Monarch") process.

* Inscriptions will become more popular. GIA and others may also start advertising this service directly to the public. In fact, a lot more wholesalers will be advertising directly to the public.

* E-commerce will continue to grow, but established retailers won’t be hurt for many years.


For over twenty years we produced
The Diamond Registry Bulletin.
In this section you will find very useful articles and tools on how to purchase a diamond.

2011 2010 2009
2008 2007 2006
2005 2004 2003
2002 2001 2000
GIA Jewelers Board JBT Website