| Product | Region | Incoterm Basis | Price | Time Period |
|---|---|---|---|---|
| Diamond | China | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | India | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | USA | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | Belgium | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | Canada | FOB | USD 3,163.00/MT | April 2026 |
Stay updated with the latest Diamond prices, historical data, and tailored regional analysis
Diamond prices remained weak in H1’26 as polished demand stayed cautious and rough supply faced uneven movement across key trading hubs. Asia was most affected because India, the world’s largest cutting and polishing hub, handles nine out of every 10 diamonds processed globally, while the UAE supplies more than two-thirds of India’s rough diamond imports. The Middle East conflict disrupted air cargo through Dubai, delaying rough diamond imports and polished diamond exports. The Middle East also accounts for nearly a quarter of India’s annual gems and jewellery exports of around USD 30 billion, making trade disruption a direct pressure point for Asian polishing units. In Europe, Antwerp saw better trade flow, but rough prices remained weak due to excess inventory and soft polished demand. In North America, retail demand stayed selective, supporting larger natural diamonds but not lower-value stones.
Analyst Insight
According to Procurement Resource, diamond prices may remain mixed, with larger natural stones better supported and small polished goods under pressure until retail demand improves.
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In 2025, diamond prices continued to fall due to major changes in the global market. Natural diamonds lost value as more consumers shifted to lab-grown diamonds, which were cheaper and widely available. Many buyers preferred these alternatives because they were more affordable and considered more ethical. At the same time, producers increased the supply of lab-grown diamonds, which pushed prices down even further.
Global economic uncertainty also reduced spending on luxury goods, and trade tariffs in key markets made exports more difficult. As a result, demand for natural diamonds weakened and prices stayed under pressure throughout the year. Countries that depended heavily on diamond exports, such as Botswana, were strongly affected, facing lower export revenues, weaker economic growth, and rising fiscal pressure. Overall, 2025 showed a clear downward price trend driven by oversupply, changing consumer preferences, and weaker global demand.
Diamond has its atoms organised in a crystal structure known as diamond cubic, and is a solid form of the carbon element. As the arrangement of atoms in diamond is extremely rigid, it has the highest hardness and thermal conductivity of any natural material. The properties of diamond are utilised in most of the commercial applications for example cutting and polishing tools. In appearance, Diamond can range from yellow, brown, or grey to colourless.
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Gems and jewellery, Automotive, Aerospace and defense, High power electronics, Lasers and optics, Materials, physics, and energy R&D
De Beers Group (Anglo American), Applied Diamond Inc, Industrial Diamond Laboratories, Inc, Lucara Diamond Corp. (Lundin Group of Companies), Petra Diamonds Limited, Gem Diamonds
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Diamond is extracted and mined in factories from there it undergoes a series of steps. These steps involve cutting and polishing of diamonds before its commercial use.
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