(IDEX Online) - Outwardly, the annual 2013 diamond pipeline looks similar to that for 2012: the rough supplies into the value chain totaled $15.56 billion (2012: $15.5 billion), which, after cutting and polishing, yielded $21.6 billion worth of polished (2012: $20.7 billion) at polished wholesale prices (PWP). Global diamond jewelry retail sales grew by 3-4 percent from $72.1 billion to $74.48 billion, just skirting the $75 billion level. The pipeline's real story, however, plays itself out internally within the value chain: the industry’s performance in 2013 significantly improved over 2012.
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