Global Diamond Production Value Hits $14.09 Billion in 2013

Rapaport reported that in 2013, the value of global diamond production rose 11 percent from the previous year, hitting $14.09 billion. The increase was largely to due to higher average prices for rough diamonds.

As quoted in the market news:

By volume, global production increased 2 percent to 130.48 million carats, while the average price of production grew 9 percent to $107.95 per carat.

Botswana’s production rose 22 percent to $3.63 billion with the volume of its production up 13 percent to 23.19 million carats. The average price of Botswana’s rough rose 8 percent to $156.36 per carat.

Click here to read the full Rapaport report.