Natural Diamond Prices – February 2022

It’s the Month of Love, which could mean many different things in the natural diamond industry. Could this month come bearing positive news for the average price of natural diamonds or could the love of natural diamonds be affected by the recovering economy? Let’s take a closer look at the Top 5 Popular Diamond Shapes and state of Natural Diamond Prices for February 2022:


Top 5 Popular Diamond Shapes - February 2022.

Round diamonds continue to be the most popular shape of diamonds on the market making up 75.34% (popularity) but slightly decreasing (-0.92%) in popularity since last month. Oval continues to sit in second place making up 6.66% (popularity) and slightly decreasing in popularity (-2.77%) since last month. Cushion remains in third place making up 5.65% (popularity). Emerald continues to sit in fourth place and we welcome a new shape to the Top 5 Popular Diamond Shapes, radiant. 


Diamond Prices February 2022.

The table below gives you the rundown and details of the changes for the last three months.

Diamond Price Changes from 12/1/2021 to 2/1/2022
Diamond Carat Sizes 12/1/2021 1/1/2022 2/1/2022
0.0 – 0.5 1 % 1 % 1 %
0.5 – 1.0 0 % 0 % 2 %
1.0 – 2.0 1 % 3 % 2 %
2.0 – 3.0 1 % 4 % 2 %
3.0 – 4.0 1 % 4 % 3 %
4.0 – 99 3 % 5 % 2 %

This February the average price per carat for a round diamond of 1 – 1.19 carat G color VS1 clarity is $8,632 compared to January 2022 which was an average price of $8,393. The average price per carat for round diamonds has increased this month.

The current average and lowest prices per carat are shown in PriceScope’s diamond price charts by carat and their corresponding color and clarity.

Average Price Per Carat For a Round Diamond - February.

We advise consumers to keep in mind that cut quality and vendor services such as upgrades and returns can make a significant difference in the price point when shopping for loose diamonds. PriceScope has been collecting retail diamond prices since 2007 of over 500,000 diamonds. PriceScope diamond price chart page shows the full diamond price charts for rounds and other fancy shapes. We update the diamond prices on a monthly basis. Keep an eye out for March’s diamond prices.

We saw an increase in the average price of natural diamonds this month which is a usual occurrence around the Month of Love. Besides the observation of Valentine’s Day, we hope that the natural diamond industry continues to strengthen through 2022. The new year is so unpredictable, however, we would love to know your 2022 natural diamond industry predictions – Click the comments button below.

Whether you’re actively shopping for natural diamonds or just browsing – Check out the PriceScope Diamond Search.

By Andrey Pilipchak

Latest Publications on Diamond Prices February 2022: 


Rough Shortages Could Last 10 Years, Bain Says

The current shortfall in rough production will likely continue for up to a decade, while both demand and prices will remain strong, according to Bain & Company.

De Beers-Funded Jeweler Receives $3M Investment

De Beers has partnered on a seed-funding round for Gemist, an online jewelry brand that allows consumers to customize pieces and try them on at home.

Rapaport Weekly Market Comment

Diamond dealers are busy but uncertain about market direction. Suppliers maintaining prices and expecting uptrend to continue; buyers concerned about replacement costs and tight profit margins.  


IDEX Polished Price Index Rises Steeply in January

The IDEX Polished Price Index kicked off the year with a hefty 5.67 percent increase, one of the steepest monthly rises for some years. It follows on from December’s 2021 high of 4.25 percent.  The Index was virtually flat for the first three weeks of January but surged on the 21st and kept rising steadily. The value of the Index averaged across the whole of January was up 16.7 percent in the same month in 2021 – that’s the highest year-on-year increase since December 2011.

Scroll to Top