Insights into market forces affecting the diamond pipeline
Granular demand, inventory, and pricing data
Wholesale prices, retail activity, and consumer demand
Based on our market analysis, we predict US holiday jewelry sales to rise of 40-42% in the November-December holiday period. Annual jewelry sales are expected to total $94-$95.3 billion in 2021, rising 51%-53% year over year.
In 2020, the average US household purchased $475 worth of jewelry, up 9.8%, an outstanding outcome of an otherwise very miserable year. This is how much Americans spend on jewelry during the COVID era.
There is an anomaly in lab-grown prices. Demand is high but prices are declining, especially for larger goods in demand for the bridal industry. Here are the dynamics, prices, retail details and changes in demand. Plus, what the actual price gap is between natural and LG: a diamond market analytics review.
