I'm a diamond industry analyst and commentator, providing data analytics that help companies lead the industry. My specialty: putting it all in context.
In 2025, consumers spent $23.8 billion on lab-grown diamond jewelry. This sharp increase in demand was driven mainly by rising sales in India and China, alongside growing demand for engagement rings set with lab-grown diamonds.
Growers captured just 5% of the total value, while retailers took the lion’s share. India, meanwhile, emerged as the largest producer of gem-quality lab-grown diamonds, despite often being considered the second-largest producer.
Our latest analysis, The 2025 Lab-Grown Diamond Value Chain, examines production, pricing, India's growing dominance, and how value is distributed from reactor to retail.
Links to the full analysis and chart are in the first comment.
US jewelry sales were up 3% in value. Units fell 7%, and average prices rose 10%.
Shoppers are buying fewer pieces and paying more for each one. Gold is gaining from that, while diamond jewelry is losing ground.
#Jewelry#retail#DiamondData#DiamondAnalytics
The diamond Dudes on The Swiss Watch Parallel, Holiday Marketing, the De Beers Bid and the Lab-Grown Value Chain. Link in the first comment.
@AviKrawitz@robbates#TheDiamondDudes
40X market growth has come at the cost of natural diamond jewellery industry globally -
Time will tell how this plays out in remaining key markets of India & China domestically.
To all those who still are trying to fight LGD's..., let these realistic numbers sink in..., real deep. Neither the pearl scenario nor the Swiss parallel will do, diamonds will require an entire innovative parallel of its own to bring the sparkle back to naturals.
@edahn To all those who still are trying to fight LGD's..., let these realistic numbers sink in..., real deep. Neither the pearl scenario nor the Swiss parallel will do, diamonds will require an entire innovative parallel of its own to bring the sparkle back to naturals.
In 2025, consumers spent $23.8 billion on lab-grown diamond jewelry. This sharp increase in demand was driven mainly by rising sales in India and China, alongside growing demand for engagement rings set with lab-grown diamonds.
Growers captured just 5% of the total value, while retailers took the lion’s share. India, meanwhile, emerged as the largest producer of gem-quality lab-grown diamonds, despite often being considered the second-largest producer.
Our latest analysis, The 2025 Lab-Grown Diamond Value Chain, examines production, pricing, India's growing dominance, and how value is distributed from reactor to retail.
Links to the full analysis and chart are in the first comment.
A sign of an improving diamond market?
De Beers' Q3 2026 production fell 11% year over year to 6.8 million carats. However, year-to-date production is up 22% to 21.7 million carats.
#Diamonds#DiamondAnalysis