Rapaport Research Report - July 2023

The Rapaport Research Report is essential reading for those seeking to understand diamond price trends and the current state of the industry throughout the diamond pipeline.

The report includes extensive, proprietary data from RapNet, the world’s largest diamond trading platform, giving a snap shot of real-world pricing information, inventory levels and transactional data to help you keep track of the market. This includes average prices, discounts and inventory by country alongside search volume, average time to sale and transaction volume.

In addition to reviewing the global rough, polished and retail markets, each month the Rapaport Research Report focuses in on a key issue affecting the diamond industry, providing definitive analysis and insight, while assessing the potential impact on your business and the industry as a whole.

This report provides an analysis of the rough market based on the recently published Kimberley Process (KP) data for 2022. While the statistics refer to last year, they give insight into current market conditions. A lot of rough entered the pipeline in 2021 and 2022, which, along with the drop in demand, helps explain the current high polished-inventory levels. The KP figures also reveal the extent to which Russia was active on the market despite US sanctions on Alrosa, while Botswana also exerts major influence.

If you are interested in a subscription to the Rapaport Research Report, visit: http://info.diamonds.net/rapaport-research-report-subscribe

Please note, all issues prior to January 2018 are called the Rapaport Monthly Report and only contain a market overview and general review of the RAPI.