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89% Of All Fancy Color Diamonds Saw Increased Prices In 2021 February 02, 2022 (0 comments)
New York, NY—The Fancy Color Research Foundation (FCRF) on Tuesday announced the Fancy Color Diamond Price Index results for Q4 2021 and a summary of the full year.
For the full year, 89% of all fancy color categories increased in price. 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 change in 2021 being a price increase of 1.7%, 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 colors 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.
Specifically for the fourth quarter of 2021, 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%.
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 three-carat and 1.5 carat categories leading at 1.2% and 1%, respectively. Two- and five-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 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 five-carat category to 2.9% in the eight-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 two-carat Fancy Intense showed the most significant price decrease (-0.6%).
Yellow prices rose by 0.4% in Q4 on average, a lower rate compared to Q3. The two-carat category led the price increase with 1.1%, while one and three carats were the only categories that showed price decreases, with -0.1% and -0.3%, respectively. Notably, the five-carat Fancy category showed a strong rise of 2.7%, while Fancy Intense five carats inched up by 0.3%, and Fancy Vivid five-carat prices went down by 0.1%. Similarly, Fancy Yellow three carats increased in price by 1.5%, while Fancy Intense three carats decreased by 0.9% and Fancy Vivid three carats went down by 0.5%.
For a complete data analysis, please visit www.fcresearch.org.