By 2018, the global jewelry market is expected to turn over more than $272bn in revenue, with diamond jewelry contributing about $72bn of this amount. While jewelry demand is expected to increase, gem supplies, ranging from diamonds to many varieties of gemstones, are expected to decline, as existing mines are depleted and very few new gem deposits come into production.
In the face of this reality, many jewelry manufacturers and gem dealers have invested in securing vital and reliable sources of polished goods to sustain their operations. In addition, gem factories have increasingly invested in trustworthy suppliers of rough gems, including foreign mines, in order to secure primary rough supplies.
Larger retailers have also pursued a vertical integration strategy, investing in cutting and polishing operations as well as in mines in order to guarantee their own supplies of gemstones. But the new business environment goes beyond the need to maintain predictable inventory levels. The new reality includes more educated customers and their increasing demand to learn the origin of their gems to ensure the gems are conflict-free.
Field Gemologist International helps gem cutters and jewelry manufacturers expand their access to rough and loose cut gems outside of their traditional markets. Our company works with a network of brokers and dealers with worldwide contacts in the diamond and colored gemstone industry.
“The craft of the merchant is this: bringing a thing from where it abounds to where it is costly.”
Ralph Waldo Emerson in Wealth, the Conduct of Life (1860)
We specialize in the supply chain of diamonds and colored gemstones from mines to gem cutting factories to jewelry manufacturers worldwide.
We strive to find the quality and quantity of goods you need, and we use our global network to secure the lowest prices while also addressing your customers’ social and environmental concerns.
There are no barriers for Field Gemologist International. We understand the individual gem markets, including their laws and regulations. We have native speakers working for us in many countries, and together we have a wealth of experienced professionals working in the global diamond and gemstone market.
We are a diverse group coming from various cultural backgrounds and can, therefore, help companies negotiate their way into several regional markets worldwide.
We are confident that our expertise and experience will help you grow your gem business worldwide – just let us supply you with the gems you need in a cost-effective and timely manner! We look forward to hearing from you.