Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

India's cut & polished diamond exports in May dips 17%; Rough imports too decrease by 18%

22 june 2023
Cut & Polished diamonds

The overall gross export of Cut & Polished diamonds at $ 1723.17 mn in the month of MAY 2023 is showing a decline of 17.52% as compared to $ 2089.17 mn for the same period of the previous year, according to data published by the Gem & Jewellery Export Promotion Council of India (GJEPC).
The overall gross Imports of Cut & Polished diamonds at $ 86.11 mn in the month of MAY 2023 is showing a decline of 28.86% as compared to $ 121.04 mn for the same period of the previous year.
The overall gross Imports of Cut & Polished diamonds in DTA at $ 27.93 mn is showing a decline of 26.50% as compared to $ 38.01 mn for the same period in May 2022.
The overall gross Imports of Cut & Polished diamonds in SEZ at $ 58.18 mn is showing a decline of -29.93% as compared to $ 83.04 mn for the same period of May 2022.

Rough Diamonds

Rough diamond imports for the month of MAY 2023 show $1167.63 mn as against $ 1433.11 mn during the month of MAY 2022, indicating a decrease of 18.52 %.
Gross Imports of rough diamonds at $ 2611.50 mn
in APR 2023 - MAY 2023 have shown a decline of 4.82% compared with the imports at $ 2743.69 million for the previous year.
In volume terms, the gross Import of rough diamonds at 196.46 lakhs carats during APR 2023 - MAY 2023 has shown a growth of 19.94% compared with the imports at 163.79 lakhs carats during the previous year.

Polished Lab Grown Diamonds

Provisional gross export of Polished Lab Grown Diamonds for the period APR 2023 - MAY 2023 at $ 236.08 mn shows a decline of 27.46% over the comparative figure of $ 325.45 mn for the previous year.

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