Nurturing the future development of diamonds

The so-called cultivated diamond is the diamond produced by artificial simulation of natural diamond crystals. In recent years, the nature of cultivated diamond and natural diamond is almost identical. Many international jewelry giants, including De Beers,

Swarovski, Pandora, etc., have launched a series of cultivated diamond products, cultivated diamond industry has developed rapidly. Compared with natural diamonds have a significant price advantage, the retail price of cultivated diamonds is only days

However, the diamond of about 35%, greatly reduced the diamond purchase threshold, so in recent years the demand is growing.

India, a global diamond processing hub, has seen a huge increase in the value of cultivated diamond exports, reaching US $218 million in the first quarter of 2021 alone, up 114.8% from the same period last year. But statistically speaking,

There is still a gap between the permeability of cultivated diamonds and natural diamonds. In 2020, the output of cultivated diamonds will only be 6-7 million carats, while the annual global output of natural diamonds will be about 120-160 million carats, with a permeability of only about 6%.

But production of cultivated diamonds is growing very fast. Between 2018 and 2021, global production of cultivated diamonds increased from 1.44 million carats to 9 million carats, achieving three consecutive years of double-digit growth.

Therefore, although the penetration rate of cultivated diamond is not high at present, it is growing very fast. It can be said that the development space of cultivated diamond industry is very broad.