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BEHAVIOUR OF DIAMOND INDUSTRY

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BEHAVIOUR OF DIAMOND INDUSTRY
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Sunanda K. Chavan
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BEHAVIOUR OF DIAMOND INDUSTRY - October 1st, 2010

Reports from the Gem & Jewellery Export Promotion Council (GJEPC) inform that India’s net diamond account was $320.87 million in red, for the term January through April 2008.

A year ago it was worth $366.73 million. The export and import performances by Indian diamond companies during April, indicate that India’s April net diamond account (net polished exports less net rough imports) was worth $300.01 million in the red, while it was $107.08 million in the red one year ago.


India's net polished exports (polished exports minus imports) declined by 10 percent to $588.83 million. While polished diamond exports increased by 42 percent to $1.24 billion in April, polished imports grew by 197 percent to $652.29 million in the month.


The country’s net rough imports (rough imports less rough exports) scaled by increased 17percent to $888.84 million. The rough imports increased by 23 percent to $993.53 million in April, while exports took a steeper rise of 121 percent to $104.69 million.


Year to date-wise, India’s polished exports increased by 33 percent valuing $5.37 billion, and imports by 219 percent to $2.44 billion. Net polished exports fell 10 percent to $2.93 billion. Rough imports grew 13 percent to $3.53 billion, while exports by 24 percent to $278.7 million. Net rough imports increased by $3.25 billion.
AUG 2008

For India’s diamond trade, August 2008 has shown an increase of 7 percent in the net diamond account (net polished exports minus net rough imports), valuing at $234.60 million.
The import of polished diamonds increased 23 percent to $591.91 million, and exports increased by 7 percent to $1.42 billion in August 2008, according to Gem & Jewellery Export Promotion Council (GJEPC) India’s net polished exports (exports minus imports) fell 3 percent to $831 million.

For its rough diamonds portfolio, exports increased by 43 percent to $68.07 million and imports fell by 3 percent to $664.47 million. Net rough imports (rough imports less exports) showed a fall of 6 percent to $596.40 million.

Although the net diamond account for first eight months of 2008 from January to August has generated a $1.29 billion deficit, compared with a net of $71.51 million in the same period of 2007.

In these eight months, polished exports hiked by 25 percent to $10.61 billion, and imports by a whooping 110 percent to $4.96 billion. Net polished imports dipped 7 percent to $5.65 billion.

Import of roughs increased 14 percent to $7.51 billion and exports increased by 40 percent to $558.97 million, in the eight months. Net rough imports grew 12 percent to $6.95 billion.

Exports of other jewellery items like gold jewelry increased by 8.5 percent to $346.93 million in August, colored gemstone by 20.6 percent to $29.52 million. India’s cumulative gem and jewellery exports increased by 8 percent to $1.89 billion, in August 2008.
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Jitendra Mazee
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Re: BEHAVIOUR OF DIAMOND INDUSTRY - December 7th, 2017

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Originally Posted by sunandaC View Post
Reports from the Gem & Jewellery Export Promotion Council (GJEPC) inform that India’s net diamond account was $320.87 million in red, for the term January through April 2008.

A year ago it was worth $366.73 million. The export and import performances by Indian diamond companies during April, indicate that India’s April net diamond account (net polished exports less net rough imports) was worth $300.01 million in the red, while it was $107.08 million in the red one year ago.


India's net polished exports (polished exports minus imports) declined by 10 percent to $588.83 million. While polished diamond exports increased by 42 percent to $1.24 billion in April, polished imports grew by 197 percent to $652.29 million in the month.


The country’s net rough imports (rough imports less rough exports) scaled by increased 17percent to $888.84 million. The rough imports increased by 23 percent to $993.53 million in April, while exports took a steeper rise of 121 percent to $104.69 million.


Year to date-wise, India’s polished exports increased by 33 percent valuing $5.37 billion, and imports by 219 percent to $2.44 billion. Net polished exports fell 10 percent to $2.93 billion. Rough imports grew 13 percent to $3.53 billion, while exports by 24 percent to $278.7 million. Net rough imports increased by $3.25 billion.
AUG 2008

For India’s diamond trade, August 2008 has shown an increase of 7 percent in the net diamond account (net polished exports minus net rough imports), valuing at $234.60 million.
The import of polished diamonds increased 23 percent to $591.91 million, and exports increased by 7 percent to $1.42 billion in August 2008, according to Gem & Jewellery Export Promotion Council (GJEPC) India’s net polished exports (exports minus imports) fell 3 percent to $831 million.

For its rough diamonds portfolio, exports increased by 43 percent to $68.07 million and imports fell by 3 percent to $664.47 million. Net rough imports (rough imports less exports) showed a fall of 6 percent to $596.40 million.

Although the net diamond account for first eight months of 2008 from January to August has generated a $1.29 billion deficit, compared with a net of $71.51 million in the same period of 2007.

In these eight months, polished exports hiked by 25 percent to $10.61 billion, and imports by a whooping 110 percent to $4.96 billion. Net polished imports dipped 7 percent to $5.65 billion.

Import of roughs increased 14 percent to $7.51 billion and exports increased by 40 percent to $558.97 million, in the eight months. Net rough imports grew 12 percent to $6.95 billion.

Exports of other jewellery items like gold jewelry increased by 8.5 percent to $346.93 million in August, colored gemstone by 20.6 percent to $29.52 million. India’s cumulative gem and jewellery exports increased by 8 percent to $1.89 billion, in August 2008.
Well, many many thanks for your help and providing the information on BEHAVIOUR OF DIAMOND INDUSTRY. BTW, i am also going to upload a document where you can find some useful information and can also included in your report..
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