This content was first published on IGR – Italian Gemological Review no. 14 in 2022. The information provided here is therefore current as of the original publication date.
Edahn Golan, one of the most qualified analysts of market trends concerning natural diamonds, steps into the world of lab-grown diamonds and notes in the third quarter of 2021 a quite anomalous situation.
As reported on edahngolan.com «[…] The result is that a massive number of traders, mainly in India, are stuck with large inventories and a desire, if not a need, to leave the LG market behind. Their exodus includes off-loading goods, further pushing down prices. So while rough LG supply is not easy to come by and retailer demand is growing – normally, the makings of a price surge – it is instead resulting in a price decline – very much a price anomaly!».
The downward trend is most evident for products 0.7 ct and up, while goods below fifty points showed a slight increase. From the second to the third quarter, the Lab-Grown diamond Index went down 3.1%, 42.7% year-on-year. However – Golan notes – this figure will be adjusted once the demand warm-up following the Christmas sales is accounted. The gap between the average price of natural diamonds (in September US$ 5,475 per carat) and that of synthetics (US$ 1,349 per carat) widens to 75%. The analyst concludes that the pressure to curb prices will be inevitable in the future as it will also show itself in the retailing branch.
Gem News pubblicata su IGR – Rivista Italiana di Gemmologia n. 14, Primavera 2022
