Japan’s diamond jewelry imports grew 28 percent year on year to $66.5 million in December, Momozawa reported citing Finance Ministry data. By volume, the imports fell 26 percent to 138,881 carats as the average price of the goods increased 74 percent to $478.49 per carat.
For the full year 2011, Japan’s imports rose 17 percent to $813.6 million while the volume of imports fell 17 percent to 2.027 million carats. The average price of the polished imports increased 41 percent to $401.36 per carat, Rapaport reported.
Imports from all of Japan’s major source countries increased during 2011 with polished supplies from India rising 22 percent to $379.3 million and imports from Belgium up 8 percent to $150.1 million. Polished imports from Hong Kong grew 15 percent to $82.8 million and from Israel they rose 20 percent to $67.4 million.
Exclusive
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
Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns
David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.
11 september 2024
Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever
The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...
02 september 2024
Amplats sees prospects as a standalone company
Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...
19 august 2024
WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges
Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...
12 august 2024