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June Polished Imports to Japan Continue Decline

August 01, 06 by Edahn Golan

For the second month in a row, the value of polished diamond imports to Japan declined. Imports dropped 15.1 percent in June to $81,689,000* on imports of 201,182 carats. In terms of volume, imports declined 4.3 percent. The average price per carat stood at $406.05.

 

Polished diamond imports, June 2006


Source: JTC, Inc                                                             

The fall in June figures, following a 5.6 percent value decline in May, means that there has been an overall decline of 6.4 percent in the value of imports since January. Imports in the first half of the year totaled $550 million on a total weight of 1,347,579 carats, which is an increase of 2.7 percent over 2005 figures.

 

With imports of 154,127 carats worth $34.77 million at an average of $225.59 per carat, India supplied the largest amount of goods to Japan in June. Belgium followed, supplying 20,762 carats valued at $19.118 million at a $920.82 per carat average. Israel exported 8,856 carats to Japan, worth $9.704 million. The average per carat value of Israeli shipments stood at $1,095.75

 

With an average price of $2,490.79, the highest average per carat value came from Russia.

 

* There is a $5,000 discrepancy between the total import figure provided by JTC and the calculated sum of imports owing to the omission of some figures smaller than 1,000 yen.

Diamond Index
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