Israel Takes a Blow, Polished Diamond Exports Fall 37% in 2009

2009 was a tough year for the global diamond industry. Imports and exports by the world’s diamond centers were far less than in previous years, according to official figures. However, in Israel, such figures were not made public in an attempt to not “depress” traders, an official at the Diamond Controller told IDEX Online. With the release of the annual figures on Sunday, it is now clear – it was a very depressed year.

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  20. 2009 was a tough year for the global diamond industry. Imports and exports by the world’s diamond centers were far less than in previous years, according to official figures. However, in Israel, such figures were not made public in an attempt to not “depress” traders, an official at the Diamond Controller told IDEX Online. With the release of the annual figures on Sunday, it is now clear – it was a very depressed year.