Graph and download economic data for Import Price Index (Harmonized System): Diamonds, Whether or Not Worked, but Not Mounted or Set (IP7102) from Dec 1992 to May 2025 about harmonized, imports, price index, indexes, price, and USA.

In 1960, the average price for such a diamond stood at some ***** U.S. dollars. Since then, the diamond price has increased more than tenfold, to ****** U.S. dollars in 2015. Diamond prices: carats to dollars Diamonds are a carbon-based gemstone coveted by innumerable people worldwide. They are among the hardest materials on Earth (if not the hardest), which makes them very valuable for industrial uses in addition to their wide use in luxury jewelry. Diamonds are also expensive. The cut, clarity, color, and carat (weight and size) are the so-called four 'Cs' that dictate a diamond's price. One carat is equal to a weight of approximately *** milligrams, and cost approximately ****** U.S. dollars in 2015. Diamond prices per carat show a consistent increasing trend, while the annual rough diamond production worldwide has sat between *** million carats and *** million carats between 2009 and 2019. Impact of the diamond demand-supply gap on prices As the known global diamond reserves continue to be mined and depleted while the global demand for diamonds increases, a diamond demand-supply gap is expected to develop in the coming years. By 2050, there is a forecasted supply shortfall of some *** million carats of diamonds worldwide. This will likely cause the price per carat to continue increasing for natural diamonds. The production of synthetic diamonds, also referred to as lab grown diamonds, is a potential solution to the projected diamond shortfall. There was a steady production of between **** and **** billion carats of synthetic diamonds worldwide between 2007 and 2016. Synthetic diamonds also cost between ** and ** percent less than a natural diamond does, but not every consumer is willing to forgo natural diamonds in favor of a diamond that has been created in a lab.

United States - Import Price Index (End Use): Gem Diamonds was 100.40000 Index Dec 2007=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Import Price Index (End Use): Gem Diamonds reached a record high of 118.80000 in March of 2022 and a record low of 97.20000 in March of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (End Use): Gem Diamonds - last updated from the United States Federal Reserve on July of 2025.

Get the latest insights on price movement and trend analysis of Diamond in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

China: Diamond production, USD per carat: The latest value from 2024 is 0 USD per carat, unchanged from 0 USD per carat in 2023. In comparison, the world average is 43.67 USD per carat, based on data from 59 countries. Historically, the average for China from 2004 to 2024 is 120.81 USD per carat. The minimum value, 0 USD per carat, was reached in 2014 while the maximum of 404.04 USD per carat was recorded in 2018.

In 2022, the total value of the diamond jewelry market worldwide amounted to **** billion (nominal) U.S. dollars. That represented a slight decrease of *** billion U.S. dollars from the previous year, as the global diamond industry recovered from the results of the COVID-19 pandemic. The diamond jewelry industry: a market leader Diamonds are a rare and naturally occurring mineral that are comprised of carbon. Diamonds are the hardest known substance and are also chemically resistant. They have the highest thermal conductivity of any natural material. Diamonds also have special properties that make it the world’s most popular gemstone. These properties include a high index of refraction, high dispersion, and high luster. Russia had the largest diamond reserves of any country in the world in 2021. However, the United States had by far the largest market for diamond jewelry, which was worth several times more than that of second-placed China. De Beers: a company is forever? De Beers, headquartered in London, is one of the world’s largest and most successful diamond mining companies. Founded in 1888 by Cecil Rhodes, it has had a dominant presence in the global diamond industry ever since. Until the beginning of the 21st century, it had a monopoly on the diamond market. The revenue of De beers has been fluctuating since 2011, and in 2020 revenue rose to *** billion U.S. dollars. In the 20th century, De Beers embarked on a strategy to convince consumers that diamonds are the best way to effectively prove your love and commitment to a romantic partner. This spearheaded the diamond engagement ring trend. They created the famous slogan, “A Diamond is Forever".

Black Diamond reported CAD20.82M in Selling and Administration Expenses for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Selling And Administration Expenses including historical, tables and charts were last updated by Trading Economics this last July in 2025.

The market value of lab-grown diamonds amounted to more than **** billion U.S. dollars in 2023. Lab-grown diamonds are expected to witness a significant increase in market value by 2032, to nearly **** billion U.S. dollars.

The average for 2024 based on 20 countries was 113.2 USD per carat. The highest value was in Thailand: 356.17 USD per carat and the lowest value was in Bangladesh: 0 USD per carat. The indicator is available from 2004 to 2024. Below is a chart for all countries where data are available.

Black Diamond reported CAD20.02M in Operating Profit for its fiscal quarter ending in December of 2024. Data for Black Diamond | BDI - Operating Profit including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Crystals are known for their many uses. They can be a dazzling sight to behold but additionally, they can be used as décor, jewellery, healing or medicinal purposes and so much more. They are also available in many stores across the world offering them in different shapes and sizes. While several crystals can be afforded by most, some are exclusive because of their rarity and more so, their price. These are usually used for jewellery purposes once cut by experts for the rich, wealthy and elite. These crystals have been used as status symbols for many years and have continued to be coveted currently. Here is our list of seven of the most expensive crystals out there that you may have never heard about. Red Beryl Part of what makes red beryl so special is its rarity, you will not find it just anywhere around the world. Some of these locations include Juab County, Paramount Canyon, Wah Wah Mountains and Round Mountains. Red Beryl was discovered in 1903. It has had man names over the years such as “bixbite” and scarlet emerald. It is known for its rich colours that make it an attractive sight to see but that is not why it is on this list. This is one of the rarest and most valuable crystals standing at a whopping $10000 per carat. It is also so rare that out of 150000 diamonds mined, you will get just one red beryl. Black Opal Most people are acquainted with opals that have a milky look or fire opals that have the appearance of fire blazing through them. Black opals are a little different with a black appearance showcasing their colours. It is known for its healing properties but its rarity as well. they are only found in Australia’s Lightning Ridge, in New South Wales. One of the most significant black opals is the Royal One that was discovered in 1999. It is 306 carats with a value of close to $3 million. Blac opals can sell for about $9500 per carat. Musgravite The crystal was named after the place where it was first discovered, Musgravite, in South Australia. The mines are in the Musgravite Range. With time, mining this precious gem has expanded to other areas including countries such as Tanzania, Greenland, Antarctica and Madagascar. It was discovered in 1967 and fetches a price of close to $35000 per carat. Its formal name will have your tongue in knots, magnesiotaaffeite-6N’3S but it’s green to the grey-green colour scheme will have your eyes glued on it. Alexandrite If you grew up in the 70s, you have probably heard of mood rings that changed according to how you feel. Those took the world of teenagers and children by storm. In the adult world, specifically the wealthy, Alexandrite is the mood ring of choice. Discovered in the Ural Mountains of Russia, this crystal is famous for its ability to change colours from green to red and yellow. The colour changes are dependent on the light it absorbs. Other places it is found include Tanzania, India and Sri Lanka. The most lucrative one is the Whitney alexandrite that has a value of $4 million. A carat of alexandrite will go for about $70000. Blue Diamond In the crystal world, you may hear about the fancy colour diamonds. Due to its blue colour, the blue diamond is categorised as one of these rare fancy colour diamonds. The blue colour is a result of the traces of boron within the diamond. The countries most popular for mining these gems are found in India, Australia and South Africa. The most popular one known is the Oppenheimer Blue with an intimidating price tag of $57.5 million. That is a whopping $3.93 million per carat. Beautiful, rare and highly-priced. Red Diamond The diamonds are mined in Brazil, Australia, Russia and a couple of African countries. Despite being in many locations, they are even rarer than the other coloured diamonds on this list specifically the blue and pink diamonds. While scientists struggle to explain the origins of its colour, it is suspected that atoms gliding within the stone are responsible for its outstanding red colour. The Moussaieff Red Diamond is the largest one found by a Brazilian miner and is estimated at $20 million. If you are looking to get your hands on a carat of the red diamond, you will need to part with about $1 million per carat. Pink Diamond Last but not least, a diamond that the Pink Panther movie was based on, the pink diamond. This is the most expensive crystal on this list. It accounts for a minimal 0.0001% of all the diamonds in the world. The pink diamond is one of the rarest and most gorgeous crystals you will come across. The most outstanding pink diamond for its rarity and price is the Pink Star Diamond. In 2017, it was estimated and auctioned at $71.2 million by Sotheby’s Hong Kong. The price tag covers $1.19 million per carat. Hard to beat such a price. Conclusion Crystals come in all shapes, sizes and forms. They also serve different purposes for... Visit https://dataone.org/datasets/sha256%3Aa8d18a8b74c69f696c8e6e88f2d4c0f96d0cc1575c1fa3514e1a208d3c559797 for complete metadata about this dataset.

As of 2024, Russia's natural industrial diamond reserves were estimated at approximately 990 million carats. Thus, the Russia had the largest industrial diamond reserves worldwide. Almost half of the world’s mined diamonds are used for industrial purposes as rough diamonds. Industrial diamonds can be used in cutting, drilling, grinding, and polishing. Diamond industry worldwide Following Russia, Botswana held the world’s second-largest diamond reserves, totaling 250 million carats as of 2024. Based on production volume, Russia and Botswana are the world’s largest diamond producers. Russia mined 16 million carats of industrial diamonds in 2024 and Botswana produced eight million carats during that year. Demand for rough diamonds is increasing worldwide, and is expected to reach some 292 million carats by 2050. Diamond companies and the breakdown between industrial and gem-quality diamonds Alrosa and De Beers' diamond production volume combined accounted for over half of the world’s diamond production in 2023. That year, Alrosa comprised 31 percent of the world’s production and De Beers totaled 29 percent. Almost half of the world’s mined diamonds are used for industrial purposes as rough diamonds. Industrial diamonds can be used in cutting, drilling, grinding, and polishing. Its value is apparent in the industrial sector due to its hardness, heat conductive material, and resistance to many acids and alkalis. Only about 20 percent of all diamonds are considered to be gem-quality polished.

The average for 2024 based on 20 countries was 0 USD per carat. The highest value was in Armenia: 0 USD per carat and the lowest value was in Armenia: 0 USD per carat. The indicator is available from 2004 to 2024. Below is a chart for all countries where data are available.

Botswana PPI: Mining: Diamonds data was reported at 140.900 2017=100 in Jun 2024. This records an increase from the previous number of 117.900 2017=100 for Mar 2024. Botswana PPI: Mining: Diamonds data is updated quarterly, averaging 105.750 2017=100 from Sep 2019 (Median) to Jun 2024, with 20 observations. The data reached an all-time high of 140.900 2017=100 in Jun 2024 and a record low of 69.300 2017=100 in Mar 2021. Botswana PPI: Mining: Diamonds data remains active status in CEIC and is reported by Statistics Botswana. The data is categorized under Global Database’s Botswana – Table BW.I006: Producer Price Index: Mining: 2017=100.

The average for 2024 based on 59 countries was 4151216.61 carats. The highest value was in the United Arab Emirates: 85682342.59 carats and the lowest value was in Bangladesh: 0 carats. The indicator is available from 2004 to 2024. Below is a chart for all countries where data are available.