{"id":6411,"date":"2018-10-01T19:39:00","date_gmt":"2018-10-01T14:09:00","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=6411"},"modified":"2021-03-25T19:55:25","modified_gmt":"2021-03-25T14:25:25","slug":"kp-global-rough-diamond-output-soars-to-150-8-mct","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/kp-global-rough-diamond-output-soars-to-150-8-mct\/","title":{"rendered":"KP: Global Rough Diamond Output Soars To 150.8 Mct"},"content":{"rendered":"\n

In 2017, worldwide, rough diamond production increased by nearly a fifth in volume terms owing to a surge in output from the top mining countries, especially Canada, data published by the Kimberley Process (KP) indicates.<\/p>\n\n\n\n

Total global rough diamond production in 2017 grew 19.3% to 150.8 million carats, and leaped 29% in value terms to $15.87 billion. The worldwide average diamond price last year went up 8% to $105.2 per carat.<\/p>\n\n\n\n

\"\"<\/a>
*Consistent with the Administrative Decision on resumption of exports of rough diamonds from Central African Republic (July 2015) 2-Jul-18
**The rough diamond trading entity of Chinese Taipei has also met the minimum requirements of the KPCS
Source: Kimberley Process Certification Scheme<\/figcaption><\/figure>\n\n\n\n

In 2017, Russia maintained its position as the world\u2019s top diamond producing nation. Russia\u2019s output grew 6% by volume to 42.6 million carats, and increased 15% in value to $4.1 billion.<\/p>\n\n\n\n

Canada outmined Botswana to become the number two volume-based diamond producer. Canada\u2019s 2017 diamond output rose 78% to 23.2 million carats, and jumped 47% to $2.05 billion.<\/p>\n\n\n\n

Botswana took second place in terms of value and third place in terms of volume; it produced 22.9 million carats (+12%) valued at $3.32 billion (+17%).<\/p>\n\n\n\n

South Africa, too, put up a strong performance in 2017, making it the third largest producer by value and sixth highest by volume. South Africa\u2019s diamond output rose 148% to $3.08 billion and climbed 16% to 9.68 million carats. South Africa\u2019s average diamond price in 2017 more than doubled to $319.04 per carat, from $150.26 a year earlier.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

India was the sixteenthbiggest diamond producing nation by value and nineteenthlargest by volume; its annual diamond output of 41,701 carats was valued at $7.35 million.<\/p>\n\n\n\n

Top 10 Diamond Producers By Volume<\/h4>\n\n\n\n
\"\"<\/a>
Source: Kimberley Process<\/figcaption><\/figure>\n\n\n\n

Top 10 Diamond Producers By Value<\/h4>\n\n\n\n
\"\"<\/a>
Source: Kimberley Process<\/figcaption><\/figure>\n\n\n\n

India continued its multiyear streak as the biggest rough diamond importer, accounting for nearly 40% of worldwide rough imports by value and volume. During the twelvemonth period, India imported 195 million carats of rough (+31%) worth $18.9 billion (+14%). The European Union (EU) topped the charts in terms of rough exports, registering outbound shipments of 129.1 million carats valued at $12.6 billion.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

In 2017, worldwide, rough diamond production increased by nearly a fifth in volume terms owing to a surge in output from the top mining countries, especially Canada, data published by the Kimberley Process (KP) indicates. Total global rough diamond production in 2017 grew 19.3% to 150.8 million carats, and leaped 29% in value terms to…<\/p>\n","protected":false},"author":1,"featured_media":6418,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-6411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\nKP: Global Rough Diamond Output Soars To 150.8 Mct - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/kp-global-rough-diamond-output-soars-to-150-8-mct\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KP: Global Rough Diamond Output Soars To 150.8 Mct - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"In 2017, worldwide, rough diamond production increased by nearly a fifth in volume terms owing to a surge in output from the top mining countries, especially Canada, data published by the Kimberley Process (KP) indicates. 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