De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2020.
Production was down 2% to 1,601,069 carats (H1 FY 2014: 1,634,576 carats), and Petra revised its full year production guidance from around 3.2 million carats to about 3.3 million carats.
In 2014, the Israeli diamond industry maintained its export achievements of 2013, with a slight rise of $160 million in total polished and rough exports, according to figures published by the Ministry of Economy’s Diamond Controller Shmuel Mordechai.
Israel’s total combined exports of polished and rough diamonds stood at $9.324 billion in 2014, compared to $9.166 billion in 2013.
Belgian exports of polished diamonds in July rose to $1.381 billion from $1.322 billion a year before, according to figures published by the Antwerp World Diamond Centre (AWDC).
Exports in volume terms last month totaled 756,043 carats, from the figure of 696,684 carats in July 2013.
Exports rose by 35.6 percent in carat terms on the figure for June and increased by 1.4 percent in dollar terms.
Israeli exports of polished goods were almost unchanged on the year in the first half of 2013 – at $3.23 billion from $3.30 billion a year before, according to figures released by Israel's Diamond Controller, Shmuel Mordechai.
Israeli net exports of polished diamonds slipped 2% from a year earlier, while net rough exports rose 8.1% to $1.639 billion in the first half from $1.516 billion last year.
The United States increased by more than 20 percent on last year its imports of polished goods in May to $3.19 billion, according to government figures.
In volume, imports were almost the same at 1.5 million carats, while the average price per carat surged 23 percent to $2,117.
American exports of polished stone rose 13 percent to $1.485 billion, with the average price per carat soaring 45 percent to $1,787.
Israel's polished diamond exports to Japan fell by just 7% in May to $7 million, while imports from Hong Kong dropped 33 percent.
Imports of polished goods from Japan’s largest supplier, India, surged 22 percent to $30 million, while those from Belgium increased by 15 percent to nearly $13 million. Imports from the United States also rose sharply – up 21 percent to $2.1 million.