Star Daily

Diamond supply will reach 163 million carats in 2019, but it will not be enough to meet demand

Diamond supply will reach 163 million carats in 2019, but it will not be enough to meet demand

  • 2015년3월16일
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Star Daily

Diamond supply will reach 163 million carats in 2019, but it will not be enough to meet demand

In its fourth annual global diamond industry report, Diamonds: Timeless Gems in a Changing World, Bain & Company forecasts a solid outlook for the diamond market. Bain’s proprietary forecasting method anticipates rough-diamond demand to grow at an average annual rate of 4 to 5% over the next decade as the industry faces several issues. The most significant of these issues is the declining availability of financing, particularly for the middle market, which includes traders, cutters, polishers and, to a certain extent, jewelry manufacturers. The report estimates that supply will reach 163 million carats in 2019.

(Full article only available in Turkish)