AWDC, Bain & Co present global diamond industry report
December 17, 2012 – Following up on last year’s report on the global diamond industry, Antwerp World Diamond Centre (AWDC) and Bain & Company have released a second annual report, focusing on the dynamics of consumer demand.
In ‘The Global Diamond Industry – Portrait of Growth’, Bain & Company investigated the demand fundamentals that will shape the diamond industry’s near- and medium-term future and offers evidence for a positive outlook.
‘The Global Diamond Industry – Portrait of Growth’ © Bain & Company – AWDC
Starting with a review of 2011, it discusses how the long-term supply-demand balance affects prices and how macroeconomic developments and changing consumer preferences are influencing the industry.
For the first time, the report also maps the similarities and differences in consumer preferences, based on surveys of more than 5,000 consumers around the world.
The document explores the three largest diamond markets, the US, China and India, representing 60% of global diamond demand.
By combining these findings with extensive market analysis, including the latest developments of key diamond miners and the largest diamond mines worldwide, the report concludes with an update on the outlook for the diamond industry through 2020.
Download the full report here: