GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

India’s polished diamond exports down by 24.86% in August

25 september 2019

india_flag.pngIndia’s cut and polished diamond exports declined by 24.86% year-on-year recording $1.64 bln during August as against $ 2.18 bln exported in August 2018, according to provisional data released by the Gem & Jewellery Export Promotion Council of India.
Rough imports during the month declined by 4.27% to $ 861.13 mln as compared to $ 899.58 mln imported during August of the previous year. In volume terms, however, rough imports rose sharply from 7.76 mn carats during August 2018 to 11.51 mn carats in August 2019.
Exports of rough diamonds totalled $ 120.15 million in August 2019 as compared to $ 115.74 mn in August 2018.
Imports of cut and polished diamonds declined 8.58% to $ 113.33 mn in August 2019 from $ 123.97 mn in the same month in 2018.
Exports of rough lab-grown diamonds registered $ 0.70 mln in August 2019. Exports of polished lab-grown diamonds stood at $ 37.35 mn during the month as against US$ 15.16 mn in August 2018.
Imports of rough lab-grown diamonds stood at $ 15.34 mn in August 2019, up from $ 14.11 mn in August 2018, while imports of polished lab-grown diamonds rose to $ 18.39 mn in August 2019 as compared to $ 5.92 mn a year earlier.
During the fiscal year, polished diamond exports (during April-August 2019) were down 19.01% to $ 8.34 bn as against the $ 10.30 bn exported over the same months during April-August 2018.
During April-August 2019, import of rough diamonds showed a decline of 25.07% to $ 5.37 bln from $ 7.16 bln during the same period in the previous year. In volume terms, imports fell by 12.70% from 68.56 mn cts in April-August 2018 to 59.86 mn cts in the same period during April-August 2019.
Imports of polished diamonds fell by 16.48% to $ 505.94 mln during April-August 2019, as compared to $ 605.73 mln for the same period of the previous year.
Exports of rough diamonds totalled $ 563.95 mln in April-August 2019 as compared to $ 517.72 mln a year earlier.
Exports of polished lab-grown diamonds stood at $ 158.27 mn during the April-August 2019 period as against $ 79.24 mn a year earlier.
Imports of rough lab-grown diamonds stood at $ 64.40 mn in the first five months of the fiscal, marginally higher than the US$ 56.12 mn a year ago.
Exports of rough lab-grown diamonds stood at $ 6.52 mn in April-August 2019 as against $ 5.39 mn in the same period in 2018.
Imports of polished lab-grown diamonds rose to $ 89.60 mn in April-August 2019 as compared to $ 29.02 mn during April-August 2018.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished