Belgium Antwerp Diamond Communications 19 , South African investment bank Allan Hochreiter diamond industry analyst James ? Alan has predicted that the world diamond demand growth in the next few years will outpace supply growth rate diamond prices will inevitably rise.
Alan diamond demand in the next few years will be an annual rate of 4% -5% increments , which means that the world 's rough diamond market, the scale of a year will be $ 650 million expansion , which is equivalent to half of the annual production of the South African Diamond . Supply growth rate can only be maintained at a level of 1% per year .
said Alan , since 2002 , diamond prices have risen by 35% -40 % . Looking at current trends , investment diamonds and diamond companies will have a good return. Alan believes that in the next few years , the main business is the exploration of diamond mines rather than in the production of two diamond diamond company mergers will greatly exacerbated . growth will lead to international diamond supply
Diamond demand for the Chinese market , he said that despite China 's diamond consumption is growing , but it accounts for only 3% of the global diamond market , the entire international market impact is far from certain predictions said ,Wholesale Earring.
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