The overall gross exports of cut & polished diamonds of India totaled for the period of April-October 2023 at US$ 9963.53 million (Rs. 82238.07 crores) is showing a decline of 29.37% (-26.18% Rs. term) as compared to US$ 14106.67 million (Rs. 111400.01 crores) for the same period of previous year.
The overall gross imports of cut & polished diamonds at US$ 975.86 million (Rs. 8063.95 crores) is showing a growth for the period April-October 2023, of 17.29% (22.65% Rs. term) as compared to US$ 832.02 million (Rs. 6574.67 crores) for the same period of previous year.
The overall gross imports of cut & polished diamonds in DTA that totaled for the period of April-October 2023 at US$ 246.81 million (Rs. 2037.16 crores) is showing a Decline of -12.82 (-9.03% Rs. term) as compared to US$ 283.11(Rs 2239.26crores) for the same period of APR 2023 – OCT 2023.
The overall gross Imports of Cut & Polished diamonds in SEZ totaled at US$ 729.05 million (Rs. 6026.79 crores), for the period of April-October 2023, is showing a Growth of 32.82(39.01% Rs. term) as compared to US$ 548.91(Rs 4335.42 crores) for the same period of APR 2023 – OCT 2023.
At the Rough Diamonds front, for the period of April-October 2023, India’s import remained a low. Gross Imports of rough diamonds at US$ 8479.62 million (Rs 69954.93 crores) in April-October 2023 have shown a decline of 18.1% (-14.34% Rs. term) compared with the imports at US$ 10354.01 million (Rs. 81669.65 crores) for previous year.
In volume terms gross Import of rough diamonds at 716.75 lakhs carats during April-October 2023 has shown a decline of 2.390% compared with the imports at 734.33 lakhs carats during previous year.
Provisional gross export of Polished Lab Grown Diamonds for the period of April-October 2023at US$ 832.36 million (in Rs. 6874.35 crores) shows decline of 25.84% (-22.6% in Rs. term) over the comparative figure of US$ 1122.37 million (Rs. 8882.0 crores) for previous year.
Provisional gross export of Coloured Gemstones for the period April-October 2023 at US$ 300.25 million (in Rs. 2479.1 crores) shows growth of 23.72% (29.21% in Rs. term) over the comparative figure of US$ 242.68 million (Rs. 1918.58 crores) for previous year.
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Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
