RapNet


Rapaport News

 

Polished Markets

 
Rapaport ブロードキャスト
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

詳細検索
最新記事
ビデオ
機能
ニュース
マイニング
原石市場
加工品市場
製造
小売

India’s Polished Exports Slump in 2019

Drop of 16% is country’s steepest in seven years.
Jan 15, 2020 1:45 AM   By Rapaport News
Print 印刷 Facebook Facebook Twitter Twitter 共有 Share


RAPAPORT... India’s polished-diamond exports dropped 16% to $20.62 billion in 2019, recording their steepest annual decline since 2012. The decrease reflected a slump in imports volumes and a more moderate decline in the average price. Rough imports fell 17% as weakness in the manufacturing sector led to a slowdown in rough buying.

India Trade Data for December 2019
  Dec 2019 Year-on-year change
     
Polished exports $1,254 -5%
Polished imports $152 36%
Net polished exports $1,102 -8%
Rough imports $1,604 -8%
Rough exports $73 -31%
Net rough imports $1,531 -6%
Net diamond account -$430 2018: Deficit of $429M
     
Polished exports: volume 1.7 million carats -14%
Average price of polished exports $736/carat 11%
     
     
  FY 2019 Year-on-year change
     
Polished exports $20,617 -16%
Polished imports $1,354 -11%
Net polished exports $19,263 -16%
Rough imports $13,999 -17%
Rough exports $1,305 1%
Net rough imports $12,694 -19%
Net diamond account $6,569 -10%
     
Polished exports: volume 27.5 million carats -13%
Average price of polished exports $749/carat -3%
All numbers in millions unless stated otherwise.


Source: Gem & Jewellery Export Promotion Council; Rapaport archives

About the data: India, the world’s largest diamond-cutting center, is a net importer of rough and a net exporter of polished. As such, net polished exports — representing polished exports minus polished imports — will usually be a positive number. Net rough imports — calculated as rough imports minus rough exports — will also generally be in surplus. The net diamond account is total rough and polished exports minus total imports. It is India’s diamond trade balance, and shows the added value the nation creates by manufacturing rough into polished.

Image: Polished diamonds. (Shutterstock)
Print 印刷 Facebook Facebook Twitter Twitter 共有 Share
タグ: Gem & Jewellery Export Promotion Council, GJEPC, India, net diamond account, net polished exports, Net rough imports, polished exports, polished imports, Rapaport News, rough exports, rough imports, trade data
類似記事
コメント: (0)  Add comment コメントを追加
コメントを変更 古い順



連絡先: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    プライバシー ポリシー  
  
twitter twitter
会社概要 Rapaport
RapNetに広告を載せる