Sourcing the Planet, Delivering the World...
中文 / English   

Diamond Ups And Downs Are Due To Low Quality Diamonds Produced By Australia

2007: Diamond Ups And Downs Are Due To the Production Of Synthetic Diamonds

Summer 2007

2006 (preliminary)

2005

2004

Country

Gem

Industrial

Total

Gem

Industrial

Total

Gem

Industrial

Total

Angola

7,000

800

7,800

6,300

700

7,000

5,490

610

6,100

Australia

7,305

21,915

29,220

8,577

25,730

34,307

6,058

18,172

24,230

Botswana

24,000

8,000

32,000

23,900

8,000

31,900

23,300

7,800

31,100

Brazil

300

600

900

300

600

900

300

600

900

Canada

12,350

12,350

12,300

12,300

12,618

12,618

Central AfricanRepublic

315

105

420

285

95

380

263

88

351

China

100

965

1065

100

960

1060

100

960

1,060

Congo

5,600

22,400

28,000

6,100

24,200

30,300

6,180

24,700

30,880

Ivory Coast

200

99

299

201

99

300

201

99

300

Ghana

780

190

970

850

213

1063

725

180

905

Guinea

355

118

473

413

138

551

555

185

740

Guyana

300

300

340

340

445

445

Liberia

7

4

11

7

4

11

7

4

11

Namibia

2,200

2,200

1,902

1,902

2,004

2,004

Russia

23,400

15,000

38400

23,000

15,000

38,000

21,400

14,200

35,600

Sierra Leone

360

252

612

395

274

669

318

374

692

South Africa

6,240

9,130

15,370

6,400

9,400

15,800

5,800

8,500

14,300

Tanzania

195

35

225

185

35

220

258

46

304

Venezuela

45

70

115

46

69

115

40

60

100

Other

236

189

425

241

190

431

186

121

307

Total

91,300

79,900

171,200

91,800

85,700

177,500

86,200

76,700

162,900

Analysis:

This chart shows there is no significant change in production of the gem quality diamonds in the last year. The preliminary results for 2006 show a decline on total gem production, but we don’t see any noticeable decline in supply. The countries that declined, like Australia, mostly produce low quality goods. However, industrial diamond production is down, but those diamonds are competing against synthetics, which are easily produced, so it is likely there was no impact on that market.

Archives

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
1990's
holder
GIA Jewelers Board JBT Website