Supply Constraints Impact Alrosa’s January Sales
The mining company said demand for diamond jewelry continues to be strong, but its sales are “capped by current production levels.”

The company announced last week its January sales totaled $325 million, $315 million in rough and $10 million in polished.
That is a 24 percent decline from $430 million in January 2021 but up 28 percent from $254 million in December, with Alrosa noting that some December sales shifted to January.
In a statement, Deputy CEO Evgeny Agureev said midstream demand for diamonds continued in January following a successful holiday season in key markets. One early report for the U.S. market indicated jewelry sales rose 32 percent year-over-year between Nov. 1 and Dec. 24 and were up 26 percent when compared with pre-pandemic levels.
But Alrosa continues to grapple with supply problems caused by a confluence of factors, including the increased demand for diamond jewelry in the last two years and mines that have faced various COVID-related obstacles.
“Sales have been capped by current production levels, similar to the situation seen in the second half of 2021,” Agureev said. “Amid limited diamond supply globally, Alrosa continues with its measures to quickly respond to market demand by accelerating pre-sale diamond processing.”
Alrosa also announced last week it will allow long-term contract holders, which constitute most of its customer base, the chance to buy rough diamonds ahead of schedule though still within their allocations.
The company said it again plans to buy diamonds at the Gokhran auction this month (Gokhran is Russia’s state-owned repository of precious gems and metals) and to hold additional tenders between trading sessions, making the rough diamonds most sought after by cutters available as soon as possible.
“The first quarter of the year is traditionally a period of active rough diamond purchases, as cutters seek to stock up after a holiday season in retail,” Agureev said. “The high season of 2021 was one of the most successful ones in the entire history, as we see robust demand from our customers underpinned by real orders.”
The Latest

An additional 25 percent tariff has been added to the previously announced 25 percent.

The jewelry and accessories retailer said its stores will remain open during the proceedings.

Its Springfield, Massachusetts, store is set to close as owner Andrew Smith heads into retirement.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Designer Hiba Husayni looked to the whale’s melon shaped-head, blowhole, and fluke for her new chunky gold offerings.


She will present the 23rd edition of the trend forecasting book at Vicenzaoro on Sept. 7.

Omar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The New Orleans-based brand’s “Beyond Katrina” jewels honor the communities affected by the storm.

Lilian Raji explains why joining an affiliate network is essential for brands seeking placements in U.S. consumer publications.

The organization has awarded a total of $42,000 through its scholarship programs this year.

The winner of the inaugural David Yurman Gem Awards Grant will be announced live at the 2026 Gem Awards gala.

As summer winds down, celebrate the sunny disposition of the month’s birthstones: peridot and spinel.

Moshe Haimoff, a social media personality and 47th Street retailer, was robbed of $559,000 worth of jewelry by men in construction outfits.

Xavier Dibbrell brings more than a decade of experience to the role.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.