Global diamond production rose 11 percent year on year to $14.09 billion in 2013 due mainly to an increase in the average price of rough, according to data published by the Kimberley Process Certification Scheme (KP). By volume, global production increased 2 percent to 130.482 million carats while the average price of production grew 9 percent to $107.95 per carat.
Botswana’s production rose 22 percent to $3.63 billion with the volume of its production up 13 percent to 23.187 million carats. The average price of Botswana's rough rose 8 percent to $156.36 per carat.
Russia ranked as the second largest diamond producer by value but was by far the largest producer by volume. Russia’s production grew 8 percent to $3.11 billion with volume of its output up 8 percent to 37.884 million carats. The average price of Russia's production was flat at $82.21 per carat.
Canada’s diamond production fell 5 percent to $1.91 billion in 2013 but the country still ranked as the third largest producer. By volume, Canada’s production rose 1 percent to 10.561 million carats while the average price of production declined 6 percent to 180.52 per carat.
Namibia’s production rose 15 percent to $1.36 billion from 1.689 million carats as the average price jumped 46 percent to $805.24 per carat. Angola rounded out the top five with production up 15 percent to $1.28 billion from 9.36 million carats and its average price up 2 percent to $136.49 per carat.
Among the other significant producer countries, South Africa saw its production rise 15 percent to $1.19 billion from 8.143 million carats as the average price was flat at $145.54 per carat. Zimbabwe’s production declined 14 percent to $538.5 million as the volume of production fell 14 percent to 10.411 million carats and the average price dropped 3 percent to $51.72 per carat.
The total rough exports by all Kimberley Process member states increased 11 percent to $55.59 billion, while rough imports rose 6 percent to $53.76 billion.
The European Community was the world’s top exporter of rough with 128.085 million carats valued at $17.61 billion leaving the region during the year, while it imported 131.313 million carats valued at $17.42 billion. The United Arab Emirates exported 67.935 million carats valued at $7.29 billion and imported 66.685 million carats valued at $5.02 billion.
Among the other major diamond manufacturing and trading centers, India imported 159.430 million carats valued at $15.98 billion and exported 48.891 million carats valued at $1.85 billion. Israel imported 17.447 million carats valued at $4.91 billion and exported 15.299 million carats valued at $3.84 billion.
Namibia had as the highest priced diamonds in the world overtaking Lesotho where the average price of rough production fell 7 percent to $584.88 per carat. / By Avi Krawitz (RAPAPORT).
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Botswana’s production rose 22 percent to $3.63 billion with the volume of its production up 13 percent to 23.187 million carats. The average price of Botswana's rough rose 8 percent to $156.36 per carat.
Russia ranked as the second largest diamond producer by value but was by far the largest producer by volume. Russia’s production grew 8 percent to $3.11 billion with volume of its output up 8 percent to 37.884 million carats. The average price of Russia's production was flat at $82.21 per carat.
Canada’s diamond production fell 5 percent to $1.91 billion in 2013 but the country still ranked as the third largest producer. By volume, Canada’s production rose 1 percent to 10.561 million carats while the average price of production declined 6 percent to 180.52 per carat.
Namibia’s production rose 15 percent to $1.36 billion from 1.689 million carats as the average price jumped 46 percent to $805.24 per carat. Angola rounded out the top five with production up 15 percent to $1.28 billion from 9.36 million carats and its average price up 2 percent to $136.49 per carat.
Among the other significant producer countries, South Africa saw its production rise 15 percent to $1.19 billion from 8.143 million carats as the average price was flat at $145.54 per carat. Zimbabwe’s production declined 14 percent to $538.5 million as the volume of production fell 14 percent to 10.411 million carats and the average price dropped 3 percent to $51.72 per carat.
The total rough exports by all Kimberley Process member states increased 11 percent to $55.59 billion, while rough imports rose 6 percent to $53.76 billion.
The European Community was the world’s top exporter of rough with 128.085 million carats valued at $17.61 billion leaving the region during the year, while it imported 131.313 million carats valued at $17.42 billion. The United Arab Emirates exported 67.935 million carats valued at $7.29 billion and imported 66.685 million carats valued at $5.02 billion.
Among the other major diamond manufacturing and trading centers, India imported 159.430 million carats valued at $15.98 billion and exported 48.891 million carats valued at $1.85 billion. Israel imported 17.447 million carats valued at $4.91 billion and exported 15.299 million carats valued at $3.84 billion.
Namibia had as the highest priced diamonds in the world overtaking Lesotho where the average price of rough production fell 7 percent to $584.88 per carat. / By Avi Krawitz (RAPAPORT).
Be Social: We are glad you liked the post; please share it with your massive and beautiful network of friend on Fb, twitter, google+... Thanks! | facebook/bonaafrica | www.fb/botswanainfo and www.fb.com/sportsmonitor.