The Fancy Color Research Foundation (FCRF) announced the Fancy Color Diamond INDEX results for Q4 and a summary of 2021 – and it’s excellent news.
In 2021, there was a rise in the price of 89% of all fancy color categories. Price changes among all 128 categories in the Index ranged from -1.3% to +7.9%, with the average change in 2021 being a price increase of 1.7%. In short, 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. Yellow prices rose 0.9%. Average prices for Fancy Vivids rose 1.6%. Fancy Intense diamonds in all colors and sizes increased by an average of 1.8%, with the only exception being Fancy Intense Yellow 1.5 and 5 carats. These fell 1.3% and 1%, respectively.
In Q4, the average price of all Fancy Color Diamonds rose 0.5%. Price changes among all 128 categories tracked by the FCRF varied between -1.1% to +2.9%.
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.”
