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United States - Import Price Index (End Use): Gem Diamonds was 100.40000 Index Dec 2007=100 in August 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 November of 2025.
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Graph and download economic data for Import Price Index (End Use): Gem Diamonds (IR42100) from Dec 2007 to Aug 2025 about end use, imports, price index, indexes, price, and USA.
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TwitterIn 2023, the price of a one carat diamond from De Beers was approximately ** U.S. dollars. De Beers is one of the leading diamond companies in the world. It is headquartered in London, United Kingdom.
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TwitterIn 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.
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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).
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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 Aug 2025 about harmonized, imports, price index, indexes, price, and USA.
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TwitterIn 2023, lab-created diamonds that weighed 1.5 carats cost less at over ***** U.S. dollars when compared with natural diamonds at a cost of more than ***** U.S. dollars. Since 2016, the prices of laboratory diamonds have decreased, whereas the prices of natural diamonds have fluctuated each year.
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TwitterAs of October 2019, Clean Origin lab-grown diamonds were the most affordable diamonds in a comparison of eight different lab-grown and mined diamond brands. A *** carat round lab-grown diamond from Clean Origin cost approximately ***** U.S. dollars retail as of that time. At the other end of this comparison, a mined *** carat diamond of the same quality specifications from the Brilliant Earth brand cost ****** U.S. dollars as of October 2019.
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Canada: Diamond production, USD per carat: The latest value from 2024 is 80.7 USD per carat, a decline from 96.96 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 Canada from 2004 to 2024 is 127.6 USD per carat. The minimum value, 70.92 USD per carat, was reached in 2020 while the maximum of 236.3 USD per carat was recorded in 2011.
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Exports - Gem Diamonds & Other Gem Stones (Census Basis) in the United States increased to 1854.39 USD Million in February from 1301.56 USD Million in January of 2024. This dataset includes a chart with historical data for the United States Exports of Gem Diamonds & Other Gem Stones.
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Import Price Index - Diamonds - Historical chart and current data through 2025.
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TwitterIn 2022, the total global demand value of new polished diamonds amounted to **** billion U.S. dollars, up by approximately 100 million U.S. dollars from the previous year.
The global diamond industry was demonstrably hit hard by the COVID-19 pandemic, as the total value of polished diamonds in 2020 was the lowest since 2010.
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Israel Export Price Index: 2000=100: Rough Diamonds data was reported at 109.700 2000=100 in Mar 2009. This records a decrease from the previous number of 134.800 2000=100 for Dec 2008. Israel Export Price Index: 2000=100: Rough Diamonds data is updated quarterly, averaging 118.250 2000=100 from Jun 2001 (Median) to Mar 2009, with 32 observations. The data reached an all-time high of 165.000 2000=100 in Jun 2008 and a record low of 101.500 2000=100 in Dec 2002. Israel Export Price Index: 2000=100: Rough Diamonds data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.I027: Export Price Index: 2000=100. Diamonds show Gross Diamonds.
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The global diamond market size was USD 101.03 billion in 2024 & is projected to grow from USD 103.86 billion in 2025 to USD 129.53 billion by 2033.
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 101.03 Billion |
| Market Size in 2025 | USD 103.86 Billion |
| Market Size in 2033 | USD 129.53 Billion |
| CAGR | 2.8% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Product,By Application,By Cut,By Color,By Carat,By Distribution Channel,By Region. |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM, |
| Countries Covered | U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia, |
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According to Cognitive Market Research, the global diamonds and diamond jewelry market size is USD 179841.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 71936.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 53952.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 41363.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 8992.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3596.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
The women diamonds and diamond jewelry held the highest diamonds and diamond jewelry market revenue share in 2024.
Market Dynamics of Diamonds and Diamond Jewelry Market
Key Drivers of Diamonds and Diamond Jewelry Market
Growing Trends & Preferences of Consumers to Increase the Demand Globally
A major factor is the evolution of consumer trends and tastes. Demand in the diamonds and diamond jewelry market, for instance, may be impacted by preferences for particular diamond settings, forms, and styles. In order to be competitive, jewelers must adjust to evolving fashion trends. The market's vibrancy is influenced by advancements in jewelry design and diamond cutting. Technologies that are novel and creatively designed can draw in customers who are looking for something very special. Significant life events like engagements and marriages are frequently linked to diamonds. Particularly in wedding and celebration settings, cultural customs and societal conventions support the diamond jewelry's enduring appeal. The diamonds and diamond jewelry market share is expected to be driven by these factors.
Growing Use of Diamonds Grown in Labs to Propel Market Growth
Lab-grown diamonds are becoming more and more well-liked. Although these diamonds are thought to be a more sustainable choice and are frequently less expensive than mined diamonds, they are chemically and physically similar to mined diamonds. Customers are looking for one-of-a-kind, custom diamond jewelry. People can show their individuality with customization options including personalized phrases and distinctive designs. Designs with an old feel and vintage inspiration are becoming more and more fashionable. Customers are drawn to the distinctive designs and classic elegance of antique items from various eras. Innovative and unorthodox designs are being experimented with by jewelry designers. This involves the inventive use of metals and jewels, as well as asymmetrical patterns and geometric shapes. It is projected that the market share of diamonds and diamond jewelry will increase as a result of these most recent advances.
Restraint Factors Of Diamonds and Diamond Jewelry Market
Change in Lifestyle Selections to Limit the Sales
A shift in consumer preferences could affect the market for high-end luxury goods like diamond jewelry. Examples of such shifts include a preference for experiences over material belongings and minimalism. Luxury products such as designer accessories, expensive watches, and experiences are competitors for the diamond jewelry sector. Spending discretionary funds on a range of upscale goods is up to the consumer. Conventional diamond jewelry merchants may face difficulties due to the quick shifts in consumer preferences and fashion. Flexibility in design and marketing tactics is necessary to adjust to changing tastes and fashions. The market expansion for diamonds and diamond jewelry is expected to be hampered by the factors.
Impact of Covid-19 on the Diamonds and Diamond Jewelry Market
The diamonds and diamond jewelry market has suffered as a result of COVID-19, and this will reduce income generation in the fiscal year 2021. The diamonds and diamond jewelry businesses are requesting assistance from the government to pay their employees' wages because they a...
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Graph and download economic data for Producer Price Index by Commodity: Miscellaneous Products: Jewelry, Gold and Platinum (WPU15940222) from Dec 2011 to Sep 2025 about platinum, jewelry, miscellaneous, gold, commodities, PPI, inflation, price index, indexes, price, and USA.
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The diamond earring market, a significant segment within the broader luxury jewelry industry, is experiencing robust growth driven by several key factors. The increasing disposable income of millennials and Gen Z, coupled with a rising preference for self-expression and personalized adornment, fuels strong demand. E-commerce platforms have played a crucial role in expanding market accessibility, enabling smaller, independent brands like Mejuri and Aurate New York to compete alongside established giants such as Signet Jewelers and Blue Nile. Furthermore, evolving fashion trends showcasing diamond earrings in diverse styles—from classic studs to elaborate chandelier designs—contribute to market dynamism. The market's size in 2025 is estimated at $5 billion, reflecting a consistent growth trajectory. This growth is expected to continue at a compound annual growth rate (CAGR) of approximately 8% from 2025 to 2033, reaching an estimated $9 billion by 2033. While the market enjoys a positive outlook, challenges remain. Fluctuations in diamond prices, supply chain disruptions, and the increasing popularity of lab-grown diamonds pose potential restraints on growth. Successful players will need to navigate these challenges by focusing on ethical sourcing, innovative designs, and effective marketing strategies targeting specific demographics. The market's segmentation, while not explicitly provided, likely involves categorizations by diamond quality (e.g., carat, clarity, color), earring style (studs, hoops, drops), and price point (luxury, mid-range, affordable). This allows for a diverse range of consumer preferences to be met. Competitive landscape analysis reveals a diverse mix of established luxury brands and emerging direct-to-consumer (DTC) brands vying for market share. The presence of both established players and nimble newcomers creates a dynamic and innovative marketplace, leading to constant evolution of design, pricing, and marketing strategies. The success of DTC brands highlights the increasing importance of online channels and targeted digital marketing in reaching younger consumer segments. The geographic distribution of the market is expected to show strong performance in North America and Europe, with Asia-Pacific also exhibiting significant growth potential in the coming years, mirroring the expansion of the global middle class and increased consumer spending in these regions.
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United States - Import Price Index (Harmonized System): Diamonds, Whether or Not Worked, but Not Mounted or Set was 102.40000 Index 2000=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Import Price Index (Harmonized System): Diamonds, Whether or Not Worked, but Not Mounted or Set reached a record high of 121.10000 in March of 2022 and a record low of 95.00000 in October of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (Harmonized System): Diamonds, Whether or Not Worked, but Not Mounted or Set - last updated from the United States Federal Reserve on October of 2025.
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Price-Earnings-Ratio Time Series for Beijing Worldia Diamond Tools Co Ltd. Beijing Worldia Diamond Tools Co.,Ltd. engages in the research and development, production, and sale of high precision diamond cutting tools in China and internationally. The company offers PCD tools, CBN tools, round tools, milling cutters, special tools, CVD diamond tools, and diamond scribing wheels, as well as related accessories. Its products are used in automotive, new energy, wind power, engineering machinery industries, etc. The company was formerly known as Beijing Supower Science and Technology Development Co., Ltd and changed its name to Beijing Worldia Diamond Tools Co.,Ltd. in 2015. Beijing Worldia Diamond Tools Co.,Ltd. was founded in 2000 and is based in Beijing, China.
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United States - Import Price Index (End Use): Gem Diamonds was 100.40000 Index Dec 2007=100 in August 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 November of 2025.