It’s the Month of Love, which could mean many different things in the natural diamond industry. Could this month come bearing positive news for the average price of natural diamonds or could the love of natural diamonds be affected by the recovering economy? Let’s take a closer look at the Top 5 Popular Diamond Shapes and state of Natural Diamond Prices for February 2022:
Round diamonds continue to be the most popular shape of diamonds on the market making up 75.34% (popularity) but slightly decreasing (-0.92%) in popularity since last month. Oval continues to sit in second place making up 6.66% (popularity) and slightly decreasing in popularity (-2.77%) since last month. Cushion remains in third place making up 5.65% (popularity). Emerald continues to sit in fourth place and we welcome a new shape to the Top 5 Popular Diamond Shapes, radiant.Â
The table below gives you the rundown and details of the changes for the last three months.
| Diamond Price Changes from 12/1/2021 to 2/1/2022 | |||
| Diamond Carat Sizes | 12/1/2021 | 1/1/2022 | 2/1/2022 |
| 0.0 – 0.5 | 1 % ↑ | 1 % ↑ | 1 % ↑ |
| 0.5 – 1.0 | 0 % | 0 % | 2 % ↑ |
| 1.0 – 2.0 | 1 % ↑ | 3 % ↑ | 2 % ↑ |
| 2.0 – 3.0 | 1 % ↑ | 4 % ↑ | 2 % ↑ |
| 3.0 – 4.0 | 1 % ↑ | 4 % ↑ | 3 % ↑ |
| 4.0 – 99 | 3 % ↑ | 5 % ↑ | 2 % ↑ |
This February the average price per carat for a round diamond of 1 – 1.19 carat G color VS1 clarity is $8,632 compared to January 2022 which was an average price of $8,393. The average price per carat for round diamonds has increased this month.
The current average and lowest prices per carat are shown in PriceScope’s diamond price charts by carat and their corresponding color and clarity.
We advise consumers to keep in mind that cut quality and vendor services such as upgrades and returns can make a significant difference in the price point when shopping for loose diamonds. PriceScope has been collecting retail diamond prices since 2007 of over 500,000 diamonds. PriceScope diamond price chart page shows the full diamond price charts for rounds and other fancy shapes. We update the diamond prices on a monthly basis. Keep an eye out for March’s diamond prices.
We saw an increase in the average price of natural diamonds this month which is a usual occurrence around the Month of Love. Besides the observation of Valentine’s Day, we hope that the natural diamond industry continues to strengthen through 2022. The new year is so unpredictable, however, we would love to know your 2022 natural diamond industry predictions – Click the comments button below.
Whether you’re actively shopping for natural diamonds or just browsing – Check out the PriceScope Diamond Search.
By Andrey Pilipchak
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