Today, the Fancy Color Research Foundation (FCRF) announced the Fancy Color Diamond Price Index results for Q4 and a summary of 2021.
2021 results:
The year 2021 showed a rise in the price of 89% of all fancy colour categories. Price changes among all 128 categories tracked by the FCRF Fancy Color Diamonds Price Index ranged from -1.3% to +7.9%, with the average difference in 2021 being a price increase of 1.7%.
The average price of all Fancy Color Diamonds increased 1.7% in 2021, a market recovery from the decrease seen in 2020.
Throughout 2021, Blues (2.2%) and Pinks (2%) led the price increase, while Yellow prices rose 0.9%. Average prices for Fancy Vivids rose 1.6%. Fancy Intense diamonds in all colours and sizes increased by an average of 1.8%, with the only exception being Fancy Intense Yellow 1.5 and 5 carats, which fell 1.3% and 1%, respectively.
Q4 Results:
The average price of all Fancy Color Diamonds rose 0.5% during Q4 2021. Price changes among all 128 categories tracked by the FCRF varied between -1.1% to +2.9%.
Pink
Pink prices increased by an average of 0.6%, a similar rate to the previous quarter. Prices in all size categories increased or stayed the same in Q4, with the 3 carat and 1.5-carat categories leading at 1.2% and 1%, respectively.
Two and 5-carat diamonds in the Fancy category led the price increase, with 1.8% and 1.6%, respectively. Two-carat Fancy Intense pinks inched up by 0.3%, and Fancy Intense 5 carats did not change in price, while, interestingly, Fancy Vivid 2 carat prices increased by 1.3% and Fancy Vivid 5 carats decreased by 1.1%.
Blue
Blue prices rose by an average of 0.5%, similar to the previous quarter. Prices in all size categories increased or held their price in Q4, with the 1.5-carat category showing the highest increase (1.4%).
All Fancy category prices rose, ranging from 0.7% in the 5-carat category to 2.9% in the 8-carat category. Fancy Intense in the smaller weight categories exhibited a stronger increase, with 1.7% for 1 carat and 2.4% for 1.5 carats, while 2-carat Fancy Intense showed the most significant price decrease (-0.6%).
Yellow
Yellow prices rose by 0.4% in Q4 on average, a lower rate compared to Q3. The 2-carat category led the price increase with 1.1%, while 1 and 3 carats were the only categories that showed price decreases, with -0.1% and -0.3%, respectively.
Notably, the 5-carat Fancy category showed a strong rise of 2.7%, while Fancy Intense 5 carats inched up by 0.3%, and Fancy Vivid, 5-carat prices, went down by 0.1%. Similarly, Fancy Yellow 3 carats increased in price by 1.5%, while Fancy Intense 3 carats decreased by 0.9%, and Fancy Vivid 3 carats went down by 0.5%.
FCRF Advisory Board member Ephraim Zion said: “The steady increase of the Fancy Color Diamond index is more evidence of the stability of this luxury category. We see more people buying these beautiful natural diamonds while their supply diminishes.”
For a complete data analysis, please visit www.fcresearch.org.
About the FCRF
The Fancy Color Research Foundation (FCRF) is a non-profit organisation that operates as the gateway to fancy colour diamond trading. The FCRF streamlines fancy colour diamond trade by integrating data from various parts of the value chain and providing insights, tools and services for industry professionals.
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