RAPAPORT... Japan’s polished diamond imports fell 7 percent year on year to $56.7 million in April, Momozawa reported citing the Finance Ministry. By volume, the imports fell 24 percent to 121,365 carats while the average price of the goods increased 22 percent to $468 per carat.
Polished diamond imports from India grew 27 percent year on year to $30 million, imports from Belgium fell 6 percent to $10.7 million, while imports from Israel rose 8 percent to $5.1 million. Polished imports from Hong Kong decreased 68 percent to $3.2 million during the month.
During the first four months of the year, Japan’s polished imports rose 12 percent to $273 million while the volume of imports declined 19 percent to 590,447 carats.
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