Global diamond industry
V.B. Kondratyev
In recent years the diamond industry’s over-speculation on new consumer demand in China and India, the resulting financial consequences and pressure on the industry, fundamental shifts in generational consumer and cultural demand, and the advancement of labdiamond production technology, have made diamond industry extremely interesting to observe and challenging to predict. The future of the diamond industry hangs on the structural changes in the development of basic diamond markets. All of these forces impact all of the segments of the diamond industry, from mine to retailer