by Andrew Wilson | Dec 18, 2024 | Market Insights
India's diamond exports are projected to decrease by 18-19% in FY2025, reaching a decade-low of $12.5-13 billion. This decline is attributed to several factors, including shifting consumer preferences and economic pressures. Remarkably, there has been a 28%... by Andrew Wilson | Dec 17, 2024 | Market Insights
Lab-grown diamonds are increasingly favored as an ethical and affordable alternative to mined diamonds. They boast a considerably lower environmental impact, consuming up to 78% less water and 60% fewer carbon emissions. Produced in controlled laboratories, these... by Andrew Wilson | Dec 16, 2024 | Market Insights, All About Diamonds
In 2024, diamond prices dipped by approximately 3-4%, as the industry contended with oversupply and evolving consumer preferences. The reduction in demand for both rough and polished diamonds, compounded by high inflation and economic fears, led to downward price... by Andrew Wilson | Dec 15, 2024 | Market Insights
Anglo American’s potential spinoff of De Beers is capturing global investor attention, driven by a strategic pivot to concentrate on core assets such as copper and iron ore. This move aligns with operational streamlining goals amid challenges like De... by Andrew Wilson | Dec 15, 2024 | Blog, Market Insights
Vintage and secondhand diamonds are increasingly favored due to market growth, economic factors, and evolving consumer preferences. The appeal lies partly in affordability and sustainability, as economic pressures steer consumers toward more cost-effective, unique... by Andrew Wilson | Dec 14, 2024 | Blog, Market Insights
The global diamond trade is fraught with persistent supply chain challenges, encompassing ethical sourcing, market volatility, and operational inefficiencies. Ethical concerns arise from the complex requirements of conflict-free certifications, such as the Kimberley...