Rapaport Research Report - July 2024

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 edition assesses the state of the US jewelry retail segment. After the declines and recovery during and after the pandemic, there is a sense that normalcy has returned. That will likely translate to incremental growth in 2024. There are challenges, primarily heavy discounting relating to perceived consumer caution and the influence of synthetic diamonds. But there are also opportunities. Jewelers with the right focus and perspective are doing well.

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.