Global Rough Diamond Production Down 3.8% in 2014

The KPC’s Annual Global Summary reveals that the Russian Federation is still strong #1 in CTS volume, with 38,303,500 CTS produced in 2014. Distant second in volume only is Botswana with 24,668,090 CTS, however, Botswana almost catches up to the Russian Federation in value, with a production of $3,646,952,179 against $3,733,262,920.

With a global production of 124,778,468 CTS in 2014, we can clearly see a global decrease in production from 2013 of 4,983,573 CTS. This trend downwards equates to a 3.8 % reduction in production.

Now keep in mind that these numbers are for stones with KPC’s only, this does not include diamonds mined and circulated on the black market.

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