Natural diamond jewelry sales worldwide in 2024 are forecast to amount to 72 billion U.S. dollars. Meanwhile, it is forecast that global nominal lab diamond jewelry sales will amount to 18 billion U.S. dollars in total in 2024, of which seven billion U.S. dollars are expected to be incremental sales, meaning that they are sales that do not displace natural diamond sales.
Forecast nominal sales of diamond jewelry worldwide in 2024, by diamond type
(in billion U.S. dollars)
Characteristic
Nominal sales in billion U.S. dollars
Natural diamonds
72
Lab diamonds
11
Lab diamonds (incremental*)
7
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*Incremental sales refers to lab diamond sales that were not in competition with natural diamond sales, that is, the incremental lab diamond sales are sales that would not have existed without lab diamonds.
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Paul Zimnisky. (January 9, 2024). Forecast nominal sales of diamond jewelry worldwide in 2024, by diamond type (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 15, 2025, from https://www.statista.com/statistics/1423562/global-diamond-jewelry-sales-by-type/
Paul Zimnisky. "Forecast nominal sales of diamond jewelry worldwide in 2024, by diamond type (in billion U.S. dollars)." Chart. January 9, 2024. Statista. Accessed May 15, 2025. https://www.statista.com/statistics/1423562/global-diamond-jewelry-sales-by-type/
Paul Zimnisky. (2024). Forecast nominal sales of diamond jewelry worldwide in 2024, by diamond type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 15, 2025. https://www.statista.com/statistics/1423562/global-diamond-jewelry-sales-by-type/
Paul Zimnisky. "Forecast Nominal Sales of Diamond Jewelry Worldwide in 2024, by Diamond Type (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Jan 2024, https://www.statista.com/statistics/1423562/global-diamond-jewelry-sales-by-type/
Paul Zimnisky, Forecast nominal sales of diamond jewelry worldwide in 2024, by diamond type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1423562/global-diamond-jewelry-sales-by-type/ (last visited May 15, 2025)
Forecast nominal sales of diamond jewelry worldwide in 2024, by diamond type (in billion U.S. dollars) [Graph], Paul Zimnisky, January 9, 2024. [Online]. Available: https://www.statista.com/statistics/1423562/global-diamond-jewelry-sales-by-type/
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