Shaping the future of DIAMONDS

The diamond industry successfully emerged from the pandemic with surging demand and rocketing prices. The panel sessions will seek to answer why this happened, the changing nature of consumer behaviour, the risks and opportunities for diamond companies over the coming year, and ways to build on this positive momentum to strengthen the entire diamond industry.

The New Consumer and Changing Demands

Over the last few years, lab grown diamonds have dominated the conversation in our industry more than any other subject. These diamonds that have been made in a laboratory in a couple of weeks, as opposed to millions of years under the ground, have not only entered the consciousness of our industry but are now also firmly in the minds of the consumer, and particularly the new changing modern consumer. Googling the term “lab diamonds” has been on a clear upward trend over the past couple of years.

This panel will discuss this key topic and explore the interplay between these lab-grown diamonds and natural diamonds. And key to this is how the “new consumer” feels about diamonds in general.   

Perspectives from the trade associations

Leading figures from international trade associations convene to debate how impending changes in the diamond industry will impact their members. This select group of figureheads will be pressed on how confident their member bases are about the road ahead, and what level of support they require in order to be a success in a post-COVID-19 landscape.

Located on Dubai's Palm Jumeirah island, the conference was held at the iconic ‘Atlantis, The Palm’, minutes away from the city's most popular attractions.