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TACY'S ESTIMATES OF 2009 GLOBAL NATURAL DIAMOND PRODUCTION |
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21 April 2010 |
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CHAIM EVEN-ZOHAR |
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The 2009 pipeline reflects the most severe single-year contraction of the diamond pipeline since World War II as a result of the economic crisis and the resultant liquidity shortages. The value of the worldwide mining output fell from US$14.3 billion in 2008 to US$8.4 billion in 2009. In terms of carats, worldwide production went down from 165 million carats in 2008 to 124 million carats in 2009, which includes all categories (including industrial qualities).
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