Advanced Search

U.S. Polished Diamond Imports +1% in Nov.

Jan 7, 2014 12:27 PM   By Brian Bossetta
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... U.S. polished diamond imports registered a slight increase of 1.2 percent year on year to $1.897 billion in November 2013. However, the average price per carat surged nearly 27 percent to $2,434.   Polished exports jumped 23 percent to $1.595 billion, leaving net polished imports plummeting 48 percent to $302 million.

Rough imports surged in November, up 49 percent to $73 million, while rough exports fell 39 percent to $24 million. Net rough imports  grew to $49 million compared to $10 million one year earlier. 

The net diamond account in November, which represents the total polished and rough imports less total exports, fell 40 percent to $351 million.

For the first 11 months of 2013, U.S. polished diamond imports jumped 16 percent year on year to $21.166 billion, while polished exports increased by the same 16 percent margin to $17.825 billion. Net polished imports rose 13 percent to $3.341 billion.

U.S. rough imports for the first 11 months of the year rose slightly by 3 percent to $470 million, while rough exports dropped 10 percent to $267 million, leaving net rough imports up 30 percent to $203 million.

The net diamond account for the first 11 months of 2013 grew 14 percent to $3.544 billion.
Tags: Brian Bossetta, net diamond account, polished exports, polished imports, rough exports, rough imports
Similar Articles
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.