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Diamonds.net - Lab-Grown Prices Have Slumped, Bain Says

Increased synthetic-diamond production led to a price drop last year, giving lab-grown a greater share of the fashion-jewelry market, according to Bain & Company.Production of lab-grown diamonds has seen double-digit growth over the past two years, reaching 6 million to 7 million carats in...
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Diamonds.net - Diamond Market Set for Full Recovery by 2024

The diamond supply chain will return to pre-pandemic levels between 2022 and 2024, led by economic recoveries in China and the US, according to Bain & Company.“For natural diamonds, we saw great interest and return-to-growth trajectory both in the US and China once lockdowns were lifted and...
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AWDC & Bain & C°'s 10th Report: Diamond Industry Brilliant Under Pressure

The title of the 10th Global Diamond Report, a collaboration between leading consultancy agency Bain & Company and the Antwerp World Diamond Centre (AWDC) leaves little to the imagination on its content. The COVID-19 crisis is unprecedented, not just in terms of its scale and impact on the entire world, but also in its unpredictability. And that also applies to the diamond industry at large, because while the crisis didn't leave the industry unscathed, very few people would have predict...
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Brilliant Under Pressure: Global Diamond Market Shows Resilience In An Unprecedented Year

Press release content from PR Newswire. The AP news staff was not involved in its creation. Brilliant Under Pressure: Global Diamond Market Shows Resilience In An Unprecedented Year February 8, 2021 GMT (PRNewsfoto/Bain & Company) MOSCOW, Feb. 8, 2021 /PRNewswire/ -- While the diamond industry suffered during the Covid-19 crisis, it still managed to keep its sparkle. Lockdowns, travel restrictions and economic uncertainty pushed diamond jewelry sales down by 15 percent in 2020 with most of the ...
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Source: apnews.com

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