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

Valentin Skurlov: Over the past 25 years, Fabergé Researches have progressed to discussing the new approaches to studying Fabergé’s legacy

Valentin Skurlov is an Honorary Academician of the Russian Academy of Arts (St. Petersburg), art historian, professor, Scientific Secretary at the Fabergé Memorial Foundation, consulting researcher in the Fabergé’s masterpieces at the Russian...

03 march 2025

Valery Budny: In the current economy, domestic jewelry manufacturing continues thanks to new technologies introduced over the past two decades

In February, JUNWEX St. Petersburg 2025 International Jewelry Industry Forum, one of the most significant projects of the “Jewelry Russia” Unified Exhibition Program, was held in St. Petersburg. Valery Budny, Head of the Jewelry Russia Program and CEO...

25 february 2025

India's c&p diamond export dips 32%, rough import too decreases by 14% in December 2023

18 january 2024

India’s overall gross export of Cut & Polished diamonds at $862.48 mn in the month of DEC 2023 is showing a decline of 32% as compared to $1270.36 mn for DEC 2022, according to data released by the Gem & Jewellery Export Promotion Council of India.

The overall gross Imports of Cut & Polished diamonds at $254.18 mn in month of DEC 2023 is showing a growth of 148.5% as compared to $102.3 mn for the same period of previous year.

The overall gross Imports of Cut & Polished diamonds in DTA at $49.46 mn is showing a growth of 23.4% as compared to $40 for the same period of DEC 2023.

The overall gross Imports of Cut & Polished diamonds in SEZ at $204.72 mn is showing a growth of 229% as compared to $62.23 for the same period of DEC 2023.

The overall gross Exports of Cut & Polished diamonds in APR 2023 - DEC 2023 stood at $11926.1 mn, a decline of 28.3% as compared to $16625.45 mn for the same period of previous year.

The overall gross Imports of Cut & Polished diamonds in APR 2023 - DEC 2023 amounted to $1495.33 mn, a growth of 43% as compared to $1046.06 mn for the same period of previous year.

The overall gross Imports of Cut & Polished diamonds in DTA in APR 2023 - DEC 2023 was $318.87 mn, a decline of 14.3% as compared to $371.84 mn for the same period of APR 2022 - DEC 2022.

The overall gross Imports of Cut & Polished diamonds in SEZ at $1176.46 mn is showing a growth of 74.5% as compared to $674.22 mn for the same period of APR 2022 - DEC 2022.

The overall gross import of Rough diamonds for DEC 2023 shows a decline of 14% at $1310.40 mn as compared to $1525.15 mn for the same month of 2022.

Gross Imports of rough diamonds at $10104.28 mn in APR 2023 - DEC 2023 have shown a decline of 23.5% compared with the imports at $13209.65 mn for previous year.

Provisional gross export of Polished Lab Grown Diamonds for the period DEC 2023 at $83.51 mn shows decline of 18.5% over the comparative figure of $102.41 mn for previous year.

Provisional gross export of Polished Lab Grown Diamonds for the period APR 2023 - DEC 2023 at $1024.6 mn shows decline of 23% over the comparative figure of $1330.18 mn for previous year.

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