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Belgium: Export price polished diamonds per carat higher than last year

07 august 2012

In July 2012 Belgium posted the average export price per carat of polished diamonds at $1,783, which represents a year-on-year increase compared to $1,711 in 2011, ADWC reported in press release e-mailed to Rough&Polished.
In volume terms, the export of polished diamonds in July this year decreased 22.93% to 702,220.48 carats compared to July 2011 when it equaled 911,113.43 carats.
In value terms ADWC noted a drop of 19.7% compared to a year ago to $1,251,902,534.
From January to July, ADWC saw a decrease of 7.13% in value terms from $8,902,401,409 in 2011 to $8,267,587,141 in 2012. This translates into a downfall from 21.93% in volume terms to 4,367,778.19 carats compared to the similar figure one year ago.
“When we take a look at the import figures of polished diamonds in July 2012, we see a decline of 22.99% in volume terms,” - according to AWDC’s report. This implies a value drop of 19.99% compared to July 2011.
During the first 7 months of 2012, the import figures of polished diamonds declined 17.68% in volume terms to 4,608,200.41 carats compared to the first 7 months of 2011.
In value terms however, this resulted in a 0.22% rise to $8,085,455,050.
Export figures of rough diamonds in July 2012, posted a volume drop of 26.38% to 9,720,389.16 carats compared to July 2011. In value terms, AWDC noted a downfall of 33.88% to $1,230,126,592.
From January to July 2012, the export of rough diamonds decreased 19.31% in volume terms and 13.95% in value terms compared to one year ago. The import figures of rough diamonds also declined compared to 2011.
In July 2011 AWDC saw a value of $1,416,205,416 while in July 2012 this figure equals
$785,032,247, having showed a decrease of 44.57%. In volume terms, AWDC noted a decrease of 30.36%.
From January to July 2012 the rough import figures showed a decline of 20.10% in volume terms and a drop of 13.53% in value, compared to the first 7 months of 2011.

Tatiana Alexandrova, Rough&Polished, Moscow