GITNUX MARKETDATA REPORT 2024

Statistics About The Average Engagement Ring Carat

The average engagement ring carat is approximately 1 carat.

In this post, we analyze a comprehensive set of statistics surrounding the average carat size for diamond engagement rings in various countries and globally. From the average carat size in different regions to the percentage of purchases above a certain carat threshold, these data points provide valuable insights into engagement ring preferences and trends. Let’s dive into the numbers to uncover the fascinating landscape of engagement ring carat sizes.

Statistic 1

"The average carat size for a diamond engagement ring in the US is 1.0 carats."

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Statistic 2

"In 2020, the median carat size for diamond engagement rings sold across the world was 0.9 carats."

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Statistic 3

"12% of people choose a diamond size of 2 carats or more for their engagement ring."

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Statistic 4

"As of 2020, only 1% of recent purchasers bought an engagement ring with a diamond that was over 2.5 carats in size."

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Statistic 5

"In the US, 29% of engagement rings are between 1 and 1.5 carats."

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Statistic 6

"17% of engagement rings in the US are less than 0.5 carats."

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Statistic 7

"In 2017, the average diamond size for engagement rings in the United Kingdom was 0.6 carats."

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Statistic 8

"The average size of a diamond engagement ring in Hong Kong is 0.7 carats."

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Statistic 9

"In Japan, the average diamond carat size for an engagement ring is 0.3 carats."

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Statistic 10

"In India, the average carat size for a diamond engagement ring is 0.37 carats."

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Statistic 11

"The average cost spent per carat on engagement rings internationally in 2020 was $5,900."

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Statistic 12

"Only 0.1% of the world's diamond engagement rings contain a diamond over three carats."

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Statistic 13

"45% of diamond engagement rings are between 0.5 and 1.0 carats."

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Statistic 14

"The most popular carat size for an engagement ring diamond in the U.S. is between 1.0 and 1.5 carats."

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Statistic 15

"In China, the average carat size of a diamond engagement ring is 0.5 carats."

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Statistic 16

"In Canada, the average carat size for a diamond engagement ring is around 1 carat."

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Statistic 17

"In Australia, the average carat size for a diamond engagement ring is around 1 carat."

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The statistics on average diamond engagement ring carat sizes reveal that preferences vary widely across different countries, with the US having the highest average carat size at 1.0 carats. The data also show that while a notable percentage of individuals opt for larger diamond sizes of 2 carats or more, the majority of recent purchasers tend to stick to more modest sizes below 1.5 carats. Additionally, the international average cost spent per carat on engagement rings in 2020 was $5,900, reflecting a significant investment in this symbolic purchase. These findings provide insights into global trends in diamond engagement ring sizes and expenditures.

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