天然钻石凭数据优势领跑双轨钻石市场

Core Insights - The Chinese diamond market has entered a new phase where natural diamonds and lab-grown diamonds coexist, with natural diamonds maintaining a core position due to their irreplaceable scarcity and high-end attributes [1][3][6] Industry Development - The establishment of the Shanghai Diamond Exchange in 1982 marked a key starting point for the industry, leading to standardized diamond trading and laying the foundation for future growth [3] - By 2003, China became the world's second-largest diamond consumer, with diamond jewelry transitioning from a luxury item to a staple in the wedding market [3] - Despite a slowdown in market growth and increased homogenization since 2013, natural diamonds have shown resilience due to their unique advantages [3] Market Dynamics - The global production of natural diamonds is projected to decline to 115 million carats by 2025, a year-on-year decrease of 2.1%, highlighting the increasing scarcity of resources [3] - Emerging markets like China and India are experiencing a rebound in demand, which is driving a steady increase in natural diamond prices [3] - High-end segments, particularly large fancy-shaped diamonds, are commanding premiums exceeding 30%, reinforcing their status as "hard currency" in the market [3] Consumer Trends - Natural diamonds continue to dominate high-end demand, particularly in wedding, self-purchase, and gifting scenarios, due to their emotional significance [5] - Lab-grown diamonds, while benefiting from technological advancements and cost advantages (70%-80% cheaper than natural diamonds), primarily cater to the light luxury market and industrial applications [5] - The emotional and collectible value of natural diamonds, tied to decades of industry heritage, remains unmatched by lab-grown alternatives [5] Policy Environment - Supportive policies, such as the tax rate adjustment to 5% on retail for natural diamonds, have facilitated market standardization and maturity [5] - While lab-grown diamonds have made inroads in the mid-to-low-end market, they face challenges from homogenization and stricter environmental regulations [5] Future Outlook - The current stratified landscape of the Chinese diamond industry is characterized by high-end natural diamonds, mass-market lab-grown diamonds, and industrial applications [6] - As demand from emerging markets continues to grow and high-end consumer segments expand, natural diamonds are expected to lead the dual-track development of the industry [6]