Export price of polished diamonds rises in June – AWDC
ANTWERP, July 7, 2012 – In June 2012 the average export price per carat of polished diamonds rose above $2,000 again, to $2,072 per carat, according to the latest data from the Antwerp World Diamond Centre (AWDC).
This is an increase compared with one year ago when the average price was $1,823 per carat.
In volume terms, the export of polished diamonds in June this year decreased 23% to 637,452 carats compared to June 2011 when it stood at 827,860 carats.
In value terms, however, AWDC noted a decrease of 12.5% from $1,509,241,424 in June 2011 to $1,320,837,113 in June 2012.
While 4,683,926 carats of polished diamonds were exported from January to June 2011, AWDC noted 3,665,575 exported carats from January to June 2012, a decline of 21.7% in volume terms.
In value terms, however, AWDC only saw a small decrease of 4.5% to $7,015,931,302.
“When we study the import figures of polished diamonds in June 2012, we see a decline of 28.6% in volume terms but just a 0.3% fall in value terms to a year earlier in June 2011,” AWDC said.
During the first six months of 2012, the import figures of polished diamonds declined 16.9% in volume terms to 4,083,974 carats compared to the first six months of 2011.
In value terms, however, this resulted in a 3.68% rise to $7,142,716,279.
When AWDC takes a closer look at the export figures of rough diamonds in June 2012, it notes a volume drop of 34% to 7,820,785 carats compared to June 2011.
This represents a value drop of 33.4% to $1,074,257,584 in comparison to a year ago.
During the first half of 2012, AWDC noted a smaller drop in volume as well as in value terms for exported rough diamonds.
From January to June 2012, the volume dropped 17.8% to 51,906,140 carats compared to the first half of 2011.
In value terms, this represents a decline of 9.2% to $7,029,305,965.
The import figures of rough diamonds also declined compared to a year earlier.
In June 2011 AWDC saw a value of $1,418,304,804, while in June 2012 the value was $925,094,899, a decrease of 34.8%.
In volume terms, AWDC noted a decrease of 30.2%.
From January to June 2012 the rough import figures showed a decline of 18.4% in volume terms but only a 7.3% drop in value, compared to the first half of 2011.