Statistics About The Average Diamond Size

In this post, we explore a range of notable statistics related to diamond sizes and engagement ring trends, shedding light on the average carat sizes, purchasing patterns, and costs associated with these coveted gems. From the fluctuating average carat sizes of diamond engagement rings to the estimated weight of global diamond production, these statistics provide a comprehensive overview of the diamond industry landscape.

Statistic 1

"The average carat size for diamond engagement rings in the United States is between 1.08 to 1.2 carats."

Statistic 2

"The average diamond carat size reached its peak in 2006 at 1.42 carats, and has since dropped to about 1.1 carats."

Statistic 3

"Over 60% of round diamonds sold are 1 carat or larger."

Statistic 4

"Over one-fifth of all diamonds bought in the U.S. weigh less than half a carat."

Statistic 5

"Average carat size for a diamond engagement ring in Australia is 0.6 carats, one of the smallest worldwide."

Statistic 6

"The average diamond size for a starter diamond necklace would be more like 0.35 carats."

Statistic 7

"Consumers purchasing a 1 carat diamond can expect to pay between $1,800-$12,000."

Statistic 8

"The average diamond size for men's wedding bands is around 0.5 carats."

Statistic 9

"The mean estimated weight of diamond production worldwide was around 13.1 million carats per quarter in 2019."

Statistic 10

"Rough diamonds had an average price of $112.8 per carat in 2019."

Statistic 11

"An average 1-carat diamond ring can range from $1,500 to $12,000 in price."

Statistic 12

"In 2017, the average size of diamonds being set into diamond engagement ring mountings was between 0.5 and 1 carat."

Statistic 13

"Approximately 3 out of 5 customers buy round cut diamonds, whereas 1 out of 5 buy princess cut diamonds."

Statistic 14

"On average, 250 tonnes of ore must be mined to find a 1.00ct rough diamond."

Statistic 15

"The average cost of an engagement ring in the U.S. is $6,324."

Statistic 16

"The average size of a loose diamond bought online to design an engagement ring is approximately 1 carat."

In conclusion, the statistics on diamond sizes and prices reveal interesting trends and preferences in the diamond industry. The data shows a shift towards smaller average carat sizes in recent years, with the United States typically favoring 1 carat or larger diamonds for engagement rings. Australia stands out for its significantly smaller average diamond size compared to global standards. The pricing for diamonds varies widely based on carat size, with a 1-carat diamond ring ranging from $1,500 to $12,000. Overall, the statistics provide valuable insights into consumer behavior, market trends, and production dynamics within the diamond industry.