Diamond Price Index

Diamond Price Trend, Index and Forecast

Track the latest insights on diamond price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Diamond Prices Outlook Q4 2025

• USA: USD 4,407/Carat
• Canada: USD 4,018/Carat
• India: USD 3,442/Carat
• Australia: USD 4,230/Carat
• Saudi Arabia: USD 3,052/Carat

Diamond Prices Price Chart

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During the fourth quarter of 2025, the diamond prices in the United States reached 4,407 USD/Carat in December. Prices declined due to subdued luxury jewelry demand amid cautious consumer spending and slower retail turnover. Reduced procurement by high end jewelry manufacturers and inventory destocking across major distribution channels added downward pressure. Import activity weakened as buyers delayed purchases in anticipation of further corrections. Additionally, increased availability of lab grown alternatives softened demand for natural diamonds.

During the fourth quarter of 2025, the diamond prices in Canada reached 4,018 USD/Carat in December. The market experienced declining prices as export demand from key trading partners weakened. Slower movement from domestic cutting and polishing units reduced procurement volumes. Inventory accumulation from previous quarters contributed to price softness, while limited fresh buying interest kept negotiations conservative. Supply remained sufficient, and sellers adopted flexible pricing strategies to maintain cash flow.

During the fourth quarter of 2025, the diamond prices in India reached 3,442 USD/Carat in December. Prices declined due to weak international demand impacting the country’s polishing and re-export segments. Manufacturers curtailed operations to manage excess inventory, reducing raw diamond intake. Export orders from major consuming regions slowed, affecting overall market liquidity. Credit constraints for small and mid sized processors further restricted buying activity.

During the fourth quarter of 2025, the diamond prices in Australia reached 4,230 USD/Carat in December. The market faced price declines driven by reduced luxury consumption and limited wholesale demand. Jewelry retailers maintained cautious purchasing strategies, leading to lower upstream procurement. Supply remained stable, but weaker demand fundamentals outweighed any support from mining output constraints. Importers focused on clearing existing inventories rather than replenishment, which contributed to sustained downward pricing momentum.

During the fourth quarter of 2025, the diamond prices in Saudi Arabia reached 3,052 USD/Carat in December. Prices weakened due to reduced regional jewelry trade activity and cautious consumer sentiment. Demand from high end retail segments slowed, while wholesalers limited restocking. Ample availability from international suppliers intensified competition, encouraging price concessions. Trade activity remained subdued as buyers adopted a wait and see approach, reinforcing the overall declining price trend during the quarter.

Diamond Prices Outlook Q3 2025

• USA: USD 4,538/Carat
• Canada: USD 4,096/Carat
• India: USD 3,545/Carat
• Australia: USD 4,316/Carat
• Saudi Arabia: USD 3,111/Carat

During the third quarter of 2025, the diamond prices in the USA reached 4,538 USD/Carat in September. Prices moved upward as retailers increased procurement ahead of high-volume sales periods, while polished inventories tightened due to controlled release strategies by key suppliers. Inland freight networks experienced intermittent delays, prompting careful restocking and reinforcing the quarter’s firm pricing structure.

During the third quarter of 2025, the diamond prices in Canada reached 4,096 USD/Carat in September. Values trended higher compared with the earlier quarter as several mining operations adjusted their output pacing, moderating available volumes. Export scheduling also underwent occasional revisions, affecting shipment flow. Consistent demand from domestic jewelry manufacturers supported the upward movement, keeping pricing on a firmer footing.

During the third quarter of 2025, the diamond prices in India reached 3,545 USD/Carat in September. Prices increased slightly as certain polishing clusters registered improved international inquiries. Inventory conditions remained balanced, allowing processors to maintain stable throughput. Currency fluctuations affected import-linked cost sentiment, while measured procurement by manufacturers contributed to a controlled upward trajectory.

During the third quarter of 2025, the diamond prices in Australia reached 4,316 USD/Carat in September. A steady increase was observed as supply-side adjustments, including periodic extraction moderation, supported firmer values. Export flows faced occasional shipping delays, influencing downstream availability. Demand from jewelry producers remained consistent, sustaining the upward movement across domestic trading channels.

During the third quarter of 2025, the diamond prices in Saudi Arabia reached 3,111 USD/Carat in September. Prices rose, driven by improved consumer sentiment and firmer procurement from jewelry retailers. Import-dependent supply chains experienced slight cost variations related to logistics, shaping purchasing strategies. Adequate availability ensured smooth trade, though the market maintained a mildly rising tone.

Diamond Prices Outlook Q2 2025

• USA: USD 4,439/Carat
• Canada: USD 4,020/Carat
• India: USD 3,475/Carat
• Australia: USD 4,200/Carat
• Saudi Arabia: USD 3,050/Carat

During the second quarter of 2025, the diamond prices in the USA reached 4,439 USD/Carat in June. In the United States, diamond prices in Q2 2025 were influenced by fluctuations in consumer demand within the luxury retail sector, particularly around delayed wedding seasons and moderate recovery in discretionary spending. Inventories across midstream players remained stable, but a cautious outlook from major jewelers led to reduced bulk purchases. Additionally, changes in import costs due to currency movements and logistical adjustments at key ports impacted pricing dynamics.

During the second quarter of 2025, diamond prices in Canada reached 4,020 USD/Carat in June. In Canada, prices were shaped by the output trends from major mining operations in the Northwest Territories, which experienced production disruptions due to labor shortages and seasonal weather challenges. The midstream sector saw restrained restocking behavior driven by tighter liquidity. Price adjustments were further influenced by exchange rate volatility against the US dollar and evolving trade flows with Asian and European buyers.

During the second quarter of 2025, the diamond prices in India reached 3,475 USD/Carat in June. In India, diamond pricing was impacted by relatively subdued export orders from Western markets, influencing polished diamond stock movement. The manufacturing sector operated below capacity due to persistent electricity shortages in Gujarat and labor migration issues. Additionally, fluctuations in the rupee affected procurement costs for rough diamonds, while trade policy uncertainties around import tariffs influenced short-term buying behavior among cutting and polishing units.

During the second quarter of 2025, the diamond prices in Australia reached 4,200 USD/Carat in June. Australian diamond prices in Q2 2025 were shaped by output levels from key mines, particularly in Western Australia, where production declined marginally due to equipment maintenance cycles. Export flows were realigned following logistical delays at Fremantle Port. Moreover, demand from Southeast Asian and Chinese buyers remained volatile, influencing auction dynamics. Currency depreciation against major trading partners also affected pricing strategies among domestic producers.

During the second quarter of 2025, the diamond prices in Saudi Arabia reached 3,050 USD/Carat in June. In Saudi Arabia, the diamond market was influenced by growing domestic demand linked to luxury retail expansion under the Vision 2030 initiative. Imports of high-grade stones rose, but price trends were moderated by longer customs clearance times and elevated insurance costs. The strength of the riyal against other currencies played a role in shaping landed costs, while regional geopolitical considerations affected international sourcing confidence.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing diamond prices.

Europe Diamond Price Trend

Q4 2025:

Diamond price index trends across Europe reflected a broadly declining market environment. Luxury consumption softened amid cautious household spending, reducing downstream demand. Jewelry manufacturers operated at restrained utilization rates, limiting raw diamond procurement. Stable supply conditions combined with weak buying interest led to price corrections across major markets. Inventory optimization strategies further weighed on prices.

Q3 2025:

As per the diamond price index, Europe registered a modest upward trend driven by steady luxury retail activity across major markets. Western Europe saw firmer undertones supported by resilient consumer spending, while Central and Eastern Europe experienced measured procurement that helped balance overall regional movement. Polished diamond circulation across trading hubs stayed steady, although sporadic inland transport delays lengthened delivery windows. Import costs into key manufacturing centers displayed mild fluctuations, influencing purchasing strategies. These factors contributed to a moderately rising environment across the region.

Q2 2025:

European prices maintained high levels due to finite supplies. Production output was hampered by maintenance plans at refineries. Overall consumption did not significantly increase in spite of these supply-side issues, especially in the agricultural input segment. The market remained solid due to stable usage and limited availability. As a result, sustained supply pressures and steady downstream demands supported the diamond market's steady trajectory throughout the time frame.

Detailed price information for diamond can also be provided for an extensive list of European countries.

North America Diamond Price Trend

Q4 2025:

Diamond price index trends in North America showed sustained downward pressure, reflecting broad weakness across the luxury value chain. Reduced discretionary spending significantly impacted retail jewelry sales, limiting replenishment activity at the wholesale level. Jewelry retailers prioritized cash preservation and delayed new procurement, which weakened upstream demand from cutters and traders. Wholesalers responded by accelerating inventory liquidation to manage holding costs and balance sheets, further increasing supply availability in the spot market.

Q3 2025:

As per the diamond price index, North America experienced a noticeable firming trend as demand for polished stones rose in preparation for seasonal sales periods. Export allocations from certain suppliers momentarily tightened domestic availability, contributing to stronger sentiment. Inland transportation faced periodic congestion, delaying restocking cycles. Downstream buyers adopted proactive procurement measures to maintain inventory coverage. Overall, cost pressures and robust demand created an upward-slanting pricing landscape.

Q2 2025:

In North America, diamond prices in Q2 2025 were influenced by moderate demand from the luxury goods sector, especially bridal jewelry, which saw shifts in consumer purchasing timelines. Mining operations in Canada encountered workforce constraints and seasonal disruptions, affecting rough diamond supply. In the United States, retail inventories remained balanced, but wholesalers adjusted procurement volumes in response to currency fluctuations and evolving consumer sentiment.

Specific diamond historical data within the United States and Canada can also be provided.

Middle East and Africa Diamond Price Trend

Q4 2025:

The Middle East and Africa region experienced declining diamond prices due to persistent softness in luxury retail demand. Consumer purchasing remained cautious, particularly in key jewelry markets, reducing overall trade volumes. Buyers across the region adopted conservative sourcing strategies, focusing on essential procurement rather than expansion. Trading activity slowed as wholesalers limited restocking and prioritized existing inventories.

Q3 2025:

Diamond pricing in the Middle East and Africa showed subtle upward cues influenced by intermittent adjustments in mining operations in certain producing areas. Some export shipments encountered port-related delays, extending lead times and shaping procurement behavior. Demand varied across subregions, with commercial centers reflecting slightly stronger activity. Despite these fluctuations, availability remained generally manageable. Mild logistical inefficiencies and selective tightening supported a gently rising regional pricing tone.

Q2 2025:

As per the diamond price chart, in the Middle East and Africa, prices were influenced by shifts in rough diamond production levels from key mines in Botswana, Namibia, and South Africa, where operational costs and labor availability affected output. In Saudi Arabia, expanding high-end retail and rising consumer interest under the Vision 2030 agenda increased import demand. However, regional logistical delays and geopolitical uncertainties contributed to fluctuations in pricing benchmarks.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Diamond Price Trend

Q4 2025:

Asia Pacific diamond prices declined amid reduced export orders and subdued domestic consumption. Key manufacturing hubs faced weaker international demand, prompting processors to scale back operations and reduce raw diamond intake. Lower utilization rates across cutting and polishing centers dampened upstream buying activity. At the same time, domestic retail demand remained cautious, limiting the ability of the market to absorb available supply.

Q3 2025:

The Asia Pacific region posted a mix of firm and neutral pricing trends, influenced by activity in major manufacturing hubs such as China and India. Increased polished procurement in China supported firmer undertones, while India’s throughput aligned closely with evolving international demand. High-volume transport corridors experienced periodic slowdowns, affecting delivery efficiency. Currency movements shaped ordering strategies in Southeast Asia. With consumption generally steady and supply managed carefully, the region saw a moderated upward movement.

Q2 2025:

In the Asia Pacific region, pricing was driven by uneven demand recovery in the luxury and retail sectors, particularly in China and Japan, where consumer sentiment remained cautious. India’s polishing industry operated below optimal capacity due to energy shortages and labor dislocation, affecting midstream throughput. Additionally, delays in rough diamond shipments from African and Russian suppliers created mismatches in supply planning for key processing hubs.

This diamond price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Diamond Price Trend

Q4 2025:

Latin America's diamond market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in diamond prices.

Q3 2025:

Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting Latin America’s ability to meet international demand consistently. Moreover, the diamond price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing diamond pricing trends in this region.

This comprehensive review can be extended to include specific countries within Latin America.

Diamond Pricing Report, Market Analysis, and News

IMARC's latest publication, “Diamond Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the diamond market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of diamond at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed diamond prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting diamond pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Diamond Industry Analysis

The global diamond industry size reached 126.70 Million Carats in 2025. By 2034, IMARC Group expects the market to reach 144.87 Million Carats, at a projected CAGR of 1.50% during 2026-2034. The industry is supported by resilient jewelry consumption, expanding luxury retail networks, improved manufacturing technologies, and sustained demand for high-quality polished stones across developed and emerging markets.

Latest News and Developments:

• May 2025: Burgundy Diamond Mines formed a strategic global partnership with luxury jewelry houses to export and market its “fancy yellow” diamonds worldwide. The deal, struck between Burgundy Diamond Mines Ltd., André Messika Ltd., and Crossworks Manufacturing Ltd., aims to bring Burgundy’s sustainably mined Canadian diamonds to top-tier jewelry brands.
   
• May 2024: De Beers Group launched its latest diamond verification tool at the JCK trade show in Las Vegas, introducing advanced synthetic diamond detection technology to retail. This innovation marks its debut at consumer counters, aimed at distinguishing between natural diamonds and lab-grown diamonds (LGDs).
   
• May 2024: The International School of Gems & Jewelry (ISGJ) and the International Diamond Laboratory (IDL) jointly launched a center in Ahmedabad, India. This institute and testing laboratory, inaugurated with notable figures from the industry, aims to advance diamond, gemstone, and jewelry analysis and evaluation.

Product Description

Diamond is a crystalline form of carbon renowned for its exceptional hardness and brilliance. It is formed under high-pressure, high-temperature conditions in the Earth's mantle and brought to the surface through volcanic activity. Diamonds are composed entirely of carbon atoms arranged in a cubic crystal lattice, which gives them their extraordinary physical properties. This arrangement makes diamonds the hardest known natural material, capable of scratching any other substance.

Diamonds have a wide range of applications beyond their traditional use in jewelry. Due to their unparalleled hardness, they are extensively used in industrial applications for cutting, grinding, drilling, and polishing. Diamond-tipped tools are essential in mining, construction, and manufacturing industries, where precision and durability are critical. Additionally, diamonds are utilized in high-performance bearings and heat sinks due to their excellent thermal conductivity. Besides this, they are being explored in the field of electronics for use in semiconductor technology due to their ability to conduct heat and withstand high voltages.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of diamond pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting diamond price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The diamond price charts ensure our clients remain at the forefront of the industry.