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Episode 8: Avi Krawitz, Independent Diamond Industry Thought Leader and Influencer
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Welcome to the Diamond Standard podcast Clarity.
On Episode Eight of the Diamond Standard podcast Clarity, Managing Director Amelia Bourdeau is joined by Avi Krawitz, a top diamond industry thought leader and influencer.
After working as a business journalist for The Jerusalem Post, Avi stumbled into the diamond industry during a job interview with Martin Rapaport, founder of the Rapaport Group and its widely used Rapaport Price List.
Starting out as a reporter on www.rapaport.com and Rapaport Magazine, Avi soon offered more in-depth analysis about diamond industry news, events, and market conditions.
He now ranks among the leading voices in the industry, having hosted the popular Rapaport Diamond Podcast and the quarterly Diamond Trends webinars, and authored the monthly Rapaport Research Report, among countless other reports, articles and statements.
Now, Avi is bringing that experience to the wider industry as an independent consultant, journalist, and content creator, using his unique voice to help others understand the diamond market, and experience the industry through creative storytelling.
We know you will enjoy this conversation, which covers:
- 1:52 - Putting the natural diamond price decline in context.
- 5:00 - Discussion of inventory levels at the midstream. India's jewelry industry asks for a voluntary two month import ban on rough diamonds.
- 12:15 - Looking ahead to the holiday sales season.
- 15:13 - Signet's engagement (wedding) projection for 2024. Discussion of the importance of engagement ring sales for the diamond industry.
- 19:40 - Lab grown diamond ("LGD"). discussion
- 25:40 - LGD engagement ring price scenarios
- 28:00 - DeBeers Group's Lightbox experiment with LGD engagement rings
- 32:40 - When would price fall cause diamond mines stop mining production?
- 35:30 - DeBeers brings back "A diamond is forever" campaign
- 40:22 - Potential G7 sanctions on Russian diamonds
- 48:00 - Natural diamond production coming offline by 2030.
You can find Clarity’s Episode Eight with Avi Krawitz on: Spotify, Apple Podcasts, and the Diamond Standard Institutional Media page.
- Find Diamond Standard: https://www.diamondstandard.co/
- Find the Avi Krawitz: https://www.avikrawitz.com/
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