Diamond Market Overview in Iceland
The value of the diamond market in Iceland contracted dramatically to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of % year-to-year. As a result, consumption attained the peak level of $, and then contracted remarkably in the following year.