LDB’s David Troostwyk: London still has major role to play in global diamond trade

London Diamond Bourse (LDB) President David Troostwyk has had a varied career in the diamond business. David sat down with Rough&Polished to discuss how his love of diamonds started, his career, the state of the diamond trade in the UK and globally...

12 may 2025

David Johnson: De Beers balancing lab-grown and natural diamonds rarity while pioneering ethical transparency

De Beers has been differentiating its lab-grown diamond brand, Lightbox, by positioning it as an affordable, fashion-focused product. Group spokesperson David Johnson told Rough & Polished that this is in contrast to how De Beers promotes natural diamonds...

28 april 2025

Who will bear the cost? Paul Zimnisky weighs in on U.S. jewellery tariff impact

The United States jewellery industry is facing a complex balancing act as new tariffs on diamonds force wholesalers and retailers to decide whether to absorb costs, negotiate with overseas suppliers (particularly India), or pass them on to consumers...

14 april 2025

Thataitsile Moremedi: South Africa's State Diamond Trader providing market access, exposure for nascent manufacturers

Although it is challenging for previously disadvantaged individuals to enter the diamond industry due to the financial barriers, South Africa's State Diamond Trader is providing nascent entrepreneurs with exposure, market access, and other support...

31 march 2025

Dr M'zée Fula Ngenge: KP has failed to adapt to contemporary challenges

The United Nations-backed Kimberley Process (KP), established in 2003 to prevent conflict diamonds from entering the mainstream rough diamond market, has failed to adapt to contemporary challenges, such as state-sponsored violence and sophisticated...

17 march 2025

India's c&p diamond exports dips 27.61%, rough diamond imports decline 3.28% in August

27 september 2023

The following is India's overall gross export and import statistics of c&p diamonds and rough diamonds according to the provisional statistics provided by the Gem & Jewellery Council of India for the period of APR 2023 – AUG 2023.

The overall gross export of Cut & Polished diamonds at $1360.39 mn in month of AUG 2023 is showing a decline of 27.61% as compared to $1879.16 mn for AUG 2022.

The overall gross Imports of Cut & Polished diamonds at $174.70 million in month of AUG 2023 is showing a growth of 32.58% as compared to $131.78 mn for the same period of previous year.

The overall gross Imports of Cut & Polished diamonds in DTA at $38.57 mn is showing a growth of 8.51%as compared to $35.54 mn for the same period of AUG 2022.

The overall gross Imports of Cut & Polished diamonds in SEZ at $136.14 mn is showing a growth of 41.47% as compared to $96.23 mn for the same period of AUG 2022.

The overall gross Exports of Cut & Polished diamonds at $7028.31 mn is showing a decline of 30.27% during April 2023 - August 2023 as compared to $10079.94 mn for the same period of previous year.

The overall gross Imports of Cut & Polished diamonds at $621.25 mn is showing a growth of 0.72% as compared to $616.84 mn for the same period of previous year.

The overall gross Imports of Cut & Polished diamonds in DTA at $176.44 mn is showing a decline of 15% as compared to $207.80 mn for the same period of April 2022 – August 2022.

The overall gross Imports of Cut & Polished diamonds in SEZ at $444.81 mn is showing a growth of 8.74%

as compared to $409.04 mn for the same period of April 2022 – August 2022.

Rough Diamonds

Gross Imports of rough diamonds at $1317.38 mn in August 2023 shows a decline of 3.28 % compared to rough diamonds of $1362.04 mn imported in August 2022.

Gross Imports of rough diamonds at $6428.13 mn in APR 2023 - AUG 2023 have shown a decline of 18.27% compared with the imports at $7865.40 mn for previous year.

Polished Lab Grown Diamonds

Provisional gross export of Polished Lab Grown Diamonds for the period APR 2023 - AUG 2023 at $562.54 mn shows decline of 26.55% over the comparative figure of $765.87 mn for previous year.

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