Diamond Producers Association Sees Slowdown in Asia

The video discusses the global economic slowdown's impact on the diamond market, highlighting the resilience of the US and European markets compared to Asia. It addresses imbalances in the diamond supply chain and the future outlook, emphasizing potential growth in Asian markets, particularly China, India, and Southeast Asia, driven by middle-class consumption.

What is the approximate value of the diamond jewelry market at the retail level?

• $50 billion

• $120 billion

• $85 billion

• $100 billion

Which regions are identified as pain points in the diamond market due to macroeconomic uncertainties?

• South America

• Australia and New Zealand

• India, China, and Hong Kong

• US and Europe

How long does it typically take for a rough diamond to go through the supply chain?

• Six months

• One year

• Two years

• Three years

What is the expected trend for diamond supply over the next 10-15 years?

• Rapid increase

• Plateauing or slow decline

• Significant decrease

• Unpredictable fluctuations

Which country represents a significant opportunity for growth in diamond consumption due to its luxury goods market share?

• Indonesia

• China

• Japan

• India

What is a notable trend among women in the diamond market?

• Decreased interest in diamonds

• Shift towards other luxury brands

• Increased purchase of diamonds for themselves

• Preference for synthetic diamonds

Which Southeast Asian country is highlighted for its potential in the diamond market?

• Indonesia

• Vietnam

• Malaysia

• Thailand