Diamond Research

Economic research into the global diamond industry. A thorough exploration of every aspect of the diamond market, from mining to consumer demand.

What is Diamond Research?

Diamond research is the comprehensive examination of the diamond industry. It may examine a single, very specific activity in the diamond sector. It could also study an inner industry interplay or provide long-term tracking of an industry component accompanied by an analysis that puts it in context. 

A research project may include market interviews, use of big-data analytics, expert analysis, and the use of exclusive granular data collected from various diamond industry sections.

Diamond pipeline activities that are researched include, but are not limited to, the following areas of the diamond market value chain:

  • Consumer buying habits,
  • Household expenditures,
  • Retailers’ purchasing and sales trends,
  • Manufacturers’ financing and polishing activities,
  • Rough diamond purchasing,
  • Diamond miners’ sales and capital investments,
  • Changes in diamond prices,
  • Trends and forces that impact pricing.

 Who Needs Diamond Research?

Every company involved in the diamond industry needs a deeper understanding of the market. Some want to better understand the supply chain and how it impacts them. Other companies are looking to discover their blind spots.

Frequently, companies need to ensure they are not missing out on opportunities. This may include hidden shortages, timely warnings of inventory buildup in the market, a need for a new service, or simply changing prices of a particular item.

Financial firms may be after diamond industry analysis to decipher trade figures or discover how a part of it works. These firms repeatedly find that it is challenging to talk with diamond companies and require someone to untangle diamond-speak. Most importantly, they need data placed in a broader context. 

Where is Diamond Research Used?

Before deciding on a strategy, in making marketing choices, when pricing goods, before picking a jewelry design for production, before launching a product, when tracking market changes, and much more.

For a deeper look into this topic, please see below:

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Diamond Production Dropped, Now It Is Nosediving

Diamond Production Dropped. This Is How It Nosedives - rough diamonds mining - Edahn Golan

Global diamond production sank 6.9% in 2019, the deepest plunge in a decade. By value, diamond production dropped 6.2%. There were good reasons for this, and the updated diamond production forecast calls for an even more significant slide in 2020.

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Diamond Business Absorbs Blows

Diamond Business Absorbs Blows

The diamond business keeps suffering from declining prices and a decrease in consumer spend on jewelry due to COVID-19. Persuasive marketing can address underlying issues.

This Is How COVID-19 Impacted Jewelry Sales

This Is How COVID-19 Impacted Jewelry Sales featured

COVID-19 hit the world like a wild and destructive storm and the diamond industry was not spared. Following are the figures showing just how COVID-19 impacted sales, and how the tide is perhaps starting to turn.

The Rush for the Holy Grail: Cash Flow

The Rush for the Holy Grail Cash Flow - featured Edahn Golan

Diamond wholesalers, just as any other business owners in the COVID-19 era, need to jump start their business activity, and those that could did. The result was a mid-single digit drop in wholesale diamond prices in May. Polished Diamond Prices Tumble Seeking Cash Flow The desire to generate cash flow, accompanied by pressures to do so quickly, led traders to …

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Polished Diamond Prices Edge Down in April

Polished Diamond Prices Edge Down in April

Conventional wisdom holds that trading in the diamond industry should have come to a complete stop in April. This is largely true, but there are some exceptions. Polished diamond trading has continued, though at a much reduced level. Prices naturally declined, down a low single digit. Jewelry stores in China are mostly open, and a good number of stores remained …

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Diamonds in the Age of COVID-19

April 2020 webinar - Diamonds in the Age of COVID-19 featured image

Diamonds in the Age of COVID-19: The diamond market, from mining to retail, has changed dramatically under COVID-19. In a webinar given with AWDC, current diamond market dynamics, needed steps, a glimpse into the future, and our poll results were discussed. We covered a lot of ground.

The Golan Diamond Market Report – Q1 2020

Edahn Golan Diamond Market Report-Q1 2020 - Featured image

The Q1 2020 issue of the Golan Diamond Market Report reviews transaction polished diamond prices, changes in midstream inventory & demand, and updates on prices and demand in the LGD market. All that, plus an exploration of consumer attitudes.