US polished imports grew by 8.6% in value

US polished imports grew by 8.6% in value

Polished imports from india gre in value by 10.7%

According to reports, the American polished diamond gross imports grew overall in value but declined in volume across all countries. The overall polished import increase was of 8.6% to amount to $15.1 billion, during January to October in 2007. Polished imports from India also surged by 10.7% to value at $3.16 billion. Year-to-date polished imports from Israel escalated by 10.3% to $7.9 billion, while that from Belgium was up by 5.4% to $2.46 billion.

However polished imports in volume plummeted by 11% to 13.35 million carats, or an average of $1,131/ct. Polished imports from India also fell in volume by 11.3% to amount to 7.85 million carats. The average value of India’s polished shipments was $403.51/ct. The polished imports from Israel dropped by 4.4%, to 3 million carats, with an average value of $2,630/ct. Polished diamond imports from Belgium also dipped by 10.1% to 1.26 million carats, averaging $1,952/ct.

http://www.diamondworld.net/newsroom/news.asp?newsid=1881