India Diamonds HS7102 Import Data 2025 April Overview

India Diamonds (HS 7102) 2025 April Import: Key Takeaways

India’s diamond imports under HS Code 7102 in April 2025 reveal a market dominated by the UAE, supplying 41.31% of volume but lower-value rough diamonds, highlighting its role as a bulk commodity hub. Buyer concentration remains high, with select partners like Angola and Russia reinforcing reliance on raw material sources. The data, sourced from the yTrade database, reflects cleanly processed Customs records for April 2025, ensuring reliability.

India Diamonds (HS 7102) 2025 April Import Background

What is HS Code 7102?

HS Code 7102 covers diamonds, whether or not worked, but not mounted or set, primarily used in jewelry manufacturing and industrial applications like cutting tools. Global demand remains stable due to their dual role in luxury goods and high-precision manufacturing. India, a key player in diamond processing, relies on imports of rough and worked diamonds to feed its export-oriented gem and jewelry sector.

Current Context and Strategic Position

In April 2025, India’s HS Code 7102 imports operated under a "Restricted" regime, requiring import authorizations except for eligible shipments under the India-UAE CEPA Tariff Rate Quota (TRQ) [CAPEXIL]. This policy tightens oversight while allowing preferential access for UAE-sourced diamonds, aligning with India’s strategic focus on compliance and trade diversification. As the world’s largest diamond processing hub, India’s April 2025 import trends reflect its balancing act between domestic industry needs and global supply chain dynamics, necessitating close market monitoring.

India Diamonds (HS 7102) 2025 April Import: Trend Summary

Key Observations

In April 2025, India's import of diamonds under HS Code 7102 was valued at $1.98 billion, with volume data not specified in the provided dataset. This figure represents a key monthly data point for the year.

Price and Volume Dynamics

The import value decreased by approximately 32% month-over-month from March's $2.92 billion, reflecting a typical post-seasonal adjustment in the diamond industry. Demand often peaks during India's wedding season, which concludes around March, leading to natural inventory drawdowns and lower import volumes in April. Without year-over-year data, the focus remains on this sequential decline, which aligns with expected cyclical patterns rather than abrupt market shifts.

External Context and Outlook

Import policies have contributed to volatility, with the DGFT amending import rules for certain codes under Chapter 71 to "Restricted" in 2024, as per [CAPEXIL], requiring authorizations and potentially dampening consistent flow. Looking ahead, broader trade uncertainties, such as potential tariff impacts from U.S. policies later in 2025 (IntoGlo), may influence future import strategies, though April's performance was primarily shaped by domestic seasonal factors.

India Diamonds (HS 7102) 2025 April Import: HS Code Breakdown

Product Specialization and Concentration

In April 2025, India's diamond imports under HS Code 7102 were dominated by unworked non-industrial diamonds, specifically sub-code 71023100, which accounted for nearly 75% of the total import value. According to yTrade data, this product, described as "Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set," had a unit price of 135.83 USD per unit, indicating a focus on bulk, lower-value rough stones. An extreme price anomaly was present in sub-code 71022990, with a unit price of 2020.68 USD per unit, but it was isolated due to minimal quantity and frequency, not affecting the main analysis.

Value-Chain Structure and Grade Analysis

The remaining imports can be grouped into three categories based on value-add stage. Cut or worked non-industrial diamonds (sub-code 71023910) had a significantly higher unit price of 915.66 USD per unit, suggesting a premium segment for partially processed stones. Industrial diamonds (sub-codes like 71022120 and 71022110) showed lower unit prices around 10-11 USD per unit, catering to functional applications. Unsorted diamonds (71021000) and minor worked varieties completed the mix, with this structure pointing to a trade in differentiated goods rather than fungible commodities, driven by quality and processing levels.

Strategic Implication and Pricing Power

For market players in India Diamonds HS Code 7102 Import 2025 April, pricing power likely resides with cut or worked diamonds due to their higher value, while bulk rough imports face cost pressures. Strategic focus should be on securing supplies for high-margin segments, especially given recent policy shifts. [DGFT] amended import policies to restricted status for some codes, but opportunities exist under India-UAE CEPA arrangements, emphasizing the need for compliance and leveraging preferential trade routes for competitive advantage. (DGFT)

Check Detailed HS 7102 Breakdown

India Diamonds (HS 7102) 2025 April Import: Market Concentration

Geographic Concentration and Dominant Role

In April 2025, India's diamond imports under HS Code 7102 were heavily concentrated, with the United Arab Emirates (UAE) as the dominant supplier, accounting for 27.84% of the total import value but 41.31% of the quantity. This disparity, where the value share is lower than the quantity share, points to UAE supplying lower-unit-price, likely rough or industrial-grade diamonds, reinforcing its role as a key hub for commodity-type diamonds in the India Diamonds HS Code 7102 Import 2025 April data.

Partner Countries Clusters and Underlying Causes

The partner countries form three clear clusters based on trade patterns. First, UAE, Angola, and Russia show high quantity shares but lower value ratios, suggesting they are sources of bulk, lower-value rough diamonds, often used as raw materials. Second, Botswana and India exhibit higher value relative to quantity, indicating supplies of higher-quality or partially worked diamonds, possibly for precision industries. Third, countries like Canada, South Africa, and the United States have moderate to low shares, likely serving niche or secondary markets with varied diamond grades.

Forward Strategy and Supply Chain Implications

For importers, the geographic patterns suggest prioritizing partnerships with UAE-based suppliers under the India-UAE CEPA, which allows tariff-free access for eligible diamonds, as noted in the DGFT amendment [CAPEXIL]. This policy support, combined with UAE's dominant role, means focusing on streamlined logistics and compliance with restricted import rules to secure cost-effective, commodity-grade diamond supplies while diversifying into higher-value sources like Botswana for quality-driven needs.

Table: India Diamonds (HS 7102) Top Partner Countries (Source: yTrade)

Get Complete Partner Countries Profile

India Diamonds (HS 7102) 2025 April Import: Action Plan for Diamonds Market Expansion

Strategic Supply Chain Overview

The India Diamonds Import 2025 April market under HS Code 7102 is defined by quality-driven price dynamics. Core price drivers are diamond grade and processing level, with cut diamonds commanding premiums. Geopolitical factors, like India-UAE CEPA, also influence costs. Supply chain implications center on India's role as a global processing hub. Secure, compliant sourcing from key partners like UAE is critical for raw material flow. This structure demands focused risk management on supply security and policy adherence.

Action Plan: Data-Driven Steps for Diamonds Market Execution

• Use buyer frequency data to prioritize engagements with high-value, frequent importers. This ensures steady revenue and reduces market volatility.
• Analyze geographic trade patterns to source bulk rough diamonds from UAE under CEPA rules. This lowers costs and leverages tariff-free advantages.
• Monitor HS Code 7102 sub-categories to shift focus towards cut diamonds. This increases margins by targeting higher-value segments.
• Track policy updates like DGFT restrictions to maintain compliance. This avoids disruptions and secures uninterrupted imports.
• Leverage quantity-value disparities in partner data to negotiate better terms. This optimizes procurement and enhances profitability.

Take Action Now —— Explore India Diamonds Import Data

Frequently Asked Questions

Q1. What is driving the recent changes in India Diamonds Import 2025 April?

The import value dropped 32% month-over-month to $1.98 billion, reflecting post-wedding season demand normalization. Policy shifts like DGFT import restrictions also contributed to volatility.

Q2. Who are the main partner countries in this India Diamonds Import 2025 April?

The UAE dominated with 27.84% of import value, followed by Angola and Russia, which supplied bulk rough diamonds. Botswana and India provided higher-value, partially worked stones.

Q3. Why does the unit price differ across India Diamonds Import 2025 April partner countries?

Prices vary by processing stage: unworked diamonds (71023100) averaged $135.83/unit, while cut diamonds (71023910) commanded $915.66/unit. Industrial-grade diamonds traded below $11/unit.

Q4. What should importers in India focus on when buying Diamonds?

Prioritize UAE suppliers under India-UAE CEPA for cost-effective rough diamonds, while diversifying to Botswana for premium stones. Strengthen relationships with frequent high-value buyers.

Q5. What does this India Diamonds import pattern mean for overseas suppliers?

UAE suppliers benefit from stable bulk demand, while niche players like Botswana can capitalize on India’s need for high-quality, worked diamonds.

Q6. How is Diamonds typically used in this trade flow?

Unworked diamonds (75% of imports) serve as raw materials for cutting/polishing, while industrial grades cater to functional applications like drilling or precision tools.