AWDC, Bain & Co Release Third Report on Global Industry
August 27, 13
The report focuses on the diamond value chain and traces the route diamonds take to get to market, presenting detailed information on rough and polished diamond sales. In addition to the focus on the diamond value chain, the report compares the results of 2012 with those of previous years, highlighting the impact of continuing economic uncertainty on the diamond market. Furthermore, the report reviews a significant new trend in diamond production: a stream of M&A activity among the top producers of rough diamonds. Other new elements in this report are in-depth analyses of diamond sales models and approaches. The report summarizes key challenges and provides an outlook for the diamond industry through to 2023. Following the success of the first two studies, Bain & Company and AWDC renewed their collaboration and prepared a new report for 2013. AWDC CEO Ari Epstein said that following the first two reports the organizations published, the third one “is another valuable addition to understanding how our business works and which challenges lay ahead."
