RAPAPORT. US polished-diamond imports fell again in February after showing signs of stabilizing in the previous month, according to recent data from the US Department of Commerce. Shipments dropped 7% to $1.35 billion as a 9% drop in the average price outweighed a slight increase in the.
US Polished Imports Stabilize
RAPAPORT. US polished-diamond imports were flat year on year at $1.43 billion in January, reflecting an easing of the industry’s slowdown that dominated 2020. The month was the first since February 2020 that didn’t feature a notable year-on-year decline, according to Rapaport archives based on data from the US Commerce Department.
US Trade Data for January 2021
$1,760/carat
Source: US Commerce Department data; Rapaport archives.
About the data: The US, the world’s largest diamond retail market, is a net importer of polished. As such, net polished imports representing polished imports minus polished exports will usually be a positive number.
RAPAPORT. Belgium’s polished-diamond exports fell 6% year on year to $527 million in February, the Antwerp World Diamond Centre (AWDC) reported last week. However, rough trading surged, with imports rising 28% to $877 million and exports increasing 20% to $862 million.
Belgium Trade.
RAPAPORT. US polished-diamond imports fell 39% to $11.82 billion last year, reflecting heavy declines in the second quarter, according to data from the US Commerce Department. The slowdown eased in the latter part of the year, with December shipments slipping by just 2% year on year.
US.
RAPAPORT. US polished-diamond imports fell 39% to $11.82 billion last year, reflecting heavy declines in the second quarter, according to data from the US Commerce Department. The slowdown eased in the latter part of the year, with December shipments slipping by just 2% year on year.
US.