Diamond Price Trend Analysis 2026: Supply Demand Analysis, Latest News, Market Insights, Historical Prices & Price Drivers
Diamond Price Trend Q2 2026
| Product | Region | Incoterm Basis | Price | Time Period |
|---|---|---|---|---|
| Diamond | China | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | India | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | USA | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | Belgium | FOB | USD 3,163.00/MT | April 2026 |
| Diamond | Canada | FOB | USD 3,163.00/MT | April 2026 |
Stay updated with the latest Diamond prices, historical data, and tailored regional analysis
Diamond Price Trend 2025
In 2025, diamond prices continued to fall due to major changes in the global market. Natural diamonds lost value as more consumers shifted to lab-grown diamonds, which were cheaper and widely available. Many buyers preferred these alternatives because they were more affordable and considered more ethical. At the same time, producers increased the supply of lab-grown diamonds, which pushed prices down even further.
Global economic uncertainty also reduced spending on luxury goods, and trade tariffs in key markets made exports more difficult. As a result, demand for natural diamonds weakened and prices stayed under pressure throughout the year. Countries that depended heavily on diamond exports, such as Botswana, were strongly affected, facing lower export revenues, weaker economic growth, and rising fiscal pressure. Overall, 2025 showed a clear downward price trend driven by oversupply, changing consumer preferences, and weaker global demand.
Analyst Insight
According to Procurement Resource, Diamond prices are expected to remain under pressure, with lab-grown diamonds continuing to dominate the lower-price segment and natural diamonds focusing more on the luxury market.
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Diamond prices showed mixed trends in the second half of 2024, with significant variations across different segments. The market began showing signs of stabilization in August after experiencing downward pressure in the earlier months. Fancy shapes, particularly emeralds, radiants, and ovals, performed better than round diamonds, displaying stronger demand and price resilience.
The festive season starting from Diwali through Christmas brought some positive momentum to the market. This was further supported by supply constraints, as major miners including De Beers and Petra cancelled their sight sales in August, creating scarcity in certain segments. The reduced supply, combined with the typical production cycle of two to three months, led to upward price pressure during the November-December period, particularly for specific diamond categories.
However, the broader market faced challenges from increased competition from lab-grown diamonds and weakened global macroeconomic conditions. This was particularly evident in export markets, where polished diamond prices remained under pressure. The Indian domestic market emerged as a bright spot, showing robust demand driven by strong economic conditions and increased spending power among upper and upper-middle-class consumers.
About Diamond
Diamond has its atoms organised in a crystal structure known as diamond cubic, and is a solid form of the carbon element. As the arrangement of atoms in diamond is extremely rigid, it has the highest hardness and thermal conductivity of any natural material. The properties of diamond are utilised in most of the commercial applications for example cutting and polishing tools. In appearance, Diamond can range from yellow, brown, or grey to colourless.
Diamond Product Detail
C
Gems and jewellery, Automotive, Aerospace and defense, High power electronics, Lasers and optics, Materials, physics, and energy R&D
De Beers Group (Anglo American), Applied Diamond Inc, Industrial Diamond Laboratories, Inc, Lucara Diamond Corp. (Lundin Group of Companies), Petra Diamonds Limited, Gem Diamonds
Regional Coverage
Asia Pacific
Europe
North America
Latin America
Africa
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Diamond Production Process
- Production of Diamond via Mining, Cutting and Polishing
Diamond is extracted and mined in factories from there it undergoes a series of steps. These steps involve cutting and polishing of diamonds before its commercial use.
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Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply–demand dynamics and capacity-driven market analysis
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