Fresh study from KEPT assessment, world sales of unprocessed diamonds in 2024 decreased to 9.9 billion against 12.7 billion in 2023. Sales of robbed diamonds also fell - from 20 billion in 2023 to 15.3 billion in 2024.
world resources are estimated at 7.9 billion carats. This is enough for 72 years at the current rate of extraction at the development of technologies and the need for the world for diamonds.
at the same time, the real world reserves of diamonds are only 1.7-1.9 billion carats. Without a new geological exploration that becomes financially extending, they will be enough for 17 years.
easily accessible diamonds ended. If some large deposit is found, then it will require 1 billion and 10-15 years to commission its commissioning.
The world production of diamonds has been reduced in recent years: 121 million carats in 2022, 112 million carats in 2023, 108 million carats-the rating for 2024. For understanding, of which 33 million carats (Kept joked in his presentation about 33 billion) in 2024 Golsos, De Beers, 24 million carats.
The market for jewelry with natural diamonds in 2024 assessed 80 billion. The burst of demand after 2020 was associated with Covid when people tried Replace entertainment experience (travel, restaurants, hobbies) with goods. Including Diamonds.
