Largest Jewellery market
According to a recent KPMG study the largest Jewellery market is :
United States with a market share of 30.8%
Japan, India and China and the Middle East each with 8 - 9% and
Italy with 5%.
We predict a dramatic change in market shares by 2015, where the market share is
The United States will have dropped to around 25%
China and India will increase theirs to over 13%
The Middle East will remain more or less constant at 9%
Europeís and Japanís market share will be less than 4% for Japan, and
Less than 3% for the biggest individual European countries, Italy and the UK.
The diamonds are very expensive
The diamonds are very expensive. The high cost of the diamonds has made wearing diamonds a status symbol nowadays. They have unmatched beauty. Also and it is hard to buy many pieces of diamond jewels. Diamonds are highly valuable. Though tey are expensive they are popular all over the world.
People belonging from any culture have a taste for the timeless beauty of diamonds. Especially women from any culture love the diamond most. Diamond jewelery has a mystical appeal. Mostly women like to wear diamond jewellery most. The beautiful pendants hanging around the girl's neck represent the great work of the miners who work day and night to come up with the wonderful diamond cuts.
A diamond is a form of carbon
A diamond is a form of carbon that was created deep within the core of the earth more than 3 billion years ago and brought to the surface by volcanic eruption. In diamond, each carbon atom is bonded to four other carbon atoms in a tetrahedral structure, like a pyramid.
Each link or bond is the same length, and the tetrahedral formation is therefore completely regular. Theoretically a perfect diamond crystal could be composed of one giant molecule of carbon. After the magma cooled, it solidified into kimberlite, where the precious rough diamond is still found today. It is the strength and regularity of this bonding which makes diamond very hard, non-volatile and resistant to chemical attack.