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News

The first break 40 billion US diamond demand again increased

  • Author:Amy Liu
  • Source:Yadao
  • Release on :2017-06-08
According to De Beers Group recently released industry data, 2016 US consumer demand for diamond jewelry rose 4.4% year on year, up to 41 billion US dollars, the first time exceeded 40 billion US dollars mark.



2016 global diamond jewelry demand is about 80 billion US dollars, the US consumer spending offset the decline in the Indian market. Despite the slowdown in US GDP growth in the first quarter of 2017 and the short-term impact on demand for diamond jewelery, US diamond demand continued to grow for five consecutive years. Roughly estimate that the current US market diamond consumption accounts for about half of the world, since the financial crisis has never seen the high.
 
       Marriage has been an important part of the US diamond jewelry market, in addition, in recent years also see more and more single women for their purchase of high-priced diamond ornaments, but also help promote the needs of diamond ornaments. Undeniably, whether it is single or married women, they buy their own diamond ornaments are also more and more common.
 
       According to the data show that for their purchase of diamond ornaments, married women accounted for 57%. One-third of the young people on behalf of the younger generation. Jewelery retailers continued to say that more and more consumers are interested in diamonds other than diamonds, which they have spent more on the purchase of diamonds and are currently selling at $ 1,000 to $ 4,999