The Fancy Color Research Foundation's (FCRF) results of the Fancy Color Diamond Index (FCDI) for the third quarter of 2022 demonstrate that after an increase of 0.8% in Q2 2022, the average price of all colors and sizes of fancy color diamonds climbed by 1.0% in Q3 2022. This climb was in contrast to the trend in white diamonds, which declined by 6.7%. Fancy Vivids across all color categories presented the highest increase (1.8%), with Fancy Vivid 8 carats demonstrating a rise of 3.6%, led by Fancy Vivid Pink 8 carats (5.5%). Overall, in the last 12 months, the yellow segment in all sizes and saturations rose by 3.4% on average, Blues rose by 1.8%, and Pinks by 3.7%, says a press release from FCRF.
The Yellow segment rose overall by 1.4% in Q3 2022, led by an increase of 1.7% in the Fancy Intense category, and 1.6% in the Fancy category. The highest increase was evident in the Fancy Vivid 8 ct category (4.0%), with Fancy Intense 3 ct (3.3%) being the runner-up. In Q3 2022 all yellow diamonds climbed except Fancy Intense 8 ct (-0.7%).
Pink diamonds rose overall by 0.9%, driven mainly by the Fancy Vivid category that increased by 2.7%. The Fancy and Fancy Intense grades climbed by 0.5% and 0.4%, respectively. Interestingly, Fancy Vivid 8 ct was the highest climber (5.5%) while Fancy Intense 8 ct was the highest slider (-2.2%).
Blue diamonds increased by 0.6% in Q3 2022 with Fancy Vivid 2 ct and 1.5 ct presenting the highest climb, 2.6% and 1.8%, respectively. The Fancy Vivid category (1.0%) outperformed the Fancy and Fancy Intense categories (0.2% and 0.4%). The weakest result was evident in Fancy Intense 10 ct (-1.1%).
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished
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