Tell Us More

Share a bit more information with us
to finalize your Free Quote request.

You are looking for information regarding:

2 to 10+ carat
Round Diamond
Country
United States Afghanistan Aland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia, Plurinational State of Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Chinese Taipei Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Congo, the Democratic Republic of the Cook Islands Costa Rica Cote d'Ivoire Croatia Cuba Curaçao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands (Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See (Vatican City State) Honduras Hong Kong Hungary Iceland India Indonesia Iran Iran, Islamic Republic of Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Korea Korea, Democratic People's Republic of Korea, Republic of Korea (South) Kuwait Kyrgyzstan Lao People's Democratic Republic Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macedonia, the former Yugoslav Republic of Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Moldova, Republic of Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Northern Mariana Islands Norway Oman Pakistan Palestinian Territory, Occupied Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Republic of China Reunion Romania Russian Federation Rwanda Saint Barthélemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin (French part) Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Serbia and Montenegro Seychelles Sierra Leone Singapore Sint Maarten (Dutch part) Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syrian Arab Republic Taiwan Tajikistan Tanzania, United Republic of Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Minor Outlying Islands Uruguay Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Vietnam Virgin Islands, British Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe

Recently Bloomberg released an article regarding budget diamonds to be left out while all other diamonds enjoyed the recovery. The statistics in the graph show that the diamond prices for smaller loose diamonds went down 15% this year. While compared to the other polished diamonds it grew with an average of 7%. The reason for the recovery in the diamond market came after De Beers and Russia’s Alrosa PJSC cut supplies in 2015 to boost the sales numbers.

Value of diamond jewellery aquired by millennials
According to Johan Dippenaar, the chief executive officer of Johannesburg-based Petra Diamonds, the slump for gems smaller than three grains is partly due to stockpiling. Furthermore, consultant Gemdax shared that manufacturers are nowadays more interested in bigger and higher quality diamonds as those are sold faster. While furthermore there has been a slip of 18% last year due to the slowing down of demand by Chinese and a slow down at industry-wide credit crunch cut purchases. Due to all these negative influences on the diamond sale De Beers and Alrosa were prompted to hold back supplies in order to support the diamond prices.

This action created a recovery in the diamond industry, yet the recovery did not stretch over all the diamond types. As Bloomberg describes “among small diamonds, those classified as fine quality have this year outperformed so-called commercial stones, the poorer clarity varieties often off-white or brown in color.”

Lower quality diamond prices perform badly

While you might think smaller stones take less time to cut and are therefore preferred by diamond cutters and polishers, it is actually faster to generate a profit from larger stones than smaller stones. Therefore many manufacturers turned to bigger diamond types as its much faster to earn back on their investment.

Lastly, man-made diamonds affect the possibility of smaller diamonds to enjoy the recovery as smaller man-made diamonds can be more easily passed off as mined diamonds.

Related Articles

Royal jewelry from Princess Margaret up for auction
Blog Archive

Royal jewelry from Princess Margaret up for auction

The eternal diamond versus lab-grown
Blog Archive

The eternal diamond versus lab-grown

White gold favorite for women buying jewelry
Blog Archive

White gold favorite for women buying jewelry