POLISHED DIAMONDS AND THE VALUE CHAIN

in StockPhotos3 years ago

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Diamonds increase drastically in value through processing from production to retail. In 2019, for example, the deal value of rough diamonds amounted to some 13.9 billion U.S. dollars worldwide. After polishing, the value increased by nearly double to 26.7 billion U.S. dollars. In 2019, the global diamond jewelry market value was approximately 79 billion U.S. dollars.

Nearly half of the world's demand for polished diamonds comes from the United States, with a 48 percent share of global demand in 2019. Check disclaimer on profile and landing page.

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People, communities, and even countries could be facilitated by #diamonds if they are used properly.

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