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Japan's June Polished Imports +7%
Aug 11, 2014 3:12 AM
By Ronen Shnidman
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RAPAPORT... Japan’s polished diamond imports grew 7 percent year on year to $79.6 million in June 2014, Momozawa reported based on Japanese Finance Ministry data. By volume, however, polished imports declined 37 percent to 152,581 carats, while the average price of imported diamonds rose 71 percent to $522 per carat.
Polished diamond imports from India grew 8 percent to $36.2 million, while imports from Belgium fell 4 percent to $17.8 million and imports from Israel increased 86 percent to $7.4 million. Polished imports from Hong Kong declined 7 percent to $6.5 million, while imports from Thailand fell 3 percent to $4.2 million. Imports from the U.S. more than doubled to $3 million – the largest percentage gain among the supplier countries.
During the first six months of the year, Japan's polished imports grew 8 percent to $444.9 million, while the volume of imports fell 14 percent to 1.006 million carats.
The largest gains by Japan's diamond trading partners during the first half of 2014 were registered by Thailand, for which imports by value rose 26 percent to $24.7 million. Polished imports from India increased 20 percent to $36.2 million during the first half of the year.
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Tags:
Japan, june, Momozawa, polished, Ronen Shnidman, thailand, trading
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