The lab-created market is reported to have expanded to approximately $US10 billion in retail sales, around 10 per cent of the complete international diamond commerce – and is increasing. However, it may be very important realise that the percentage is way larger whenever you have a look at actual carats or ‘items’. In a transfer to counter the specter of lab-created diamonds – and confusing shoppers and damaging the natural diamond commerce in the process – De Beers shocked the industry at JCK 2018 by launching its Lightbox model. Diamond trading was quiet in late December as wholesalers took vacation…
