Alrosa estimates potential demand for investment diamonds at $200 million

Alrosa estimates potential demand for investment diamonds at $200 million
Photo by Tahlia Doyle / Unsplash

Due to the possibility of selling such stones without VAT, the company positively estimates demand for them in 2023 at $200 million. The company's Director of Strategic Development said that demand for investment diamonds has multiplied.

He also noted that diamonds are a non-renewable resource, so their supply in the market will be reduced, while due to the increased demand there are all preconditions for steady growth in prices.