In 2023, in the United States the total price difference of a natural diamond was 98 percent when compared with a lab-created diamond. Lab-created diamonds are produced by using technology that replicates the natural processes that create diamonds found in the earth. The end result is a lab-created diamond that is the same as a mined diamond chemically, physically, and optically.
Price difference of lab-created diamonds from natural diamonds in the United States as of September 2023, by cost category
(in percent)
Characteristic
Price difference
Rough cost
-99%
Cutting cost
-28%
Cert cost
-65%
Other costs
-24%
Total
-98%
B2B price
-98%
B2C price
-89%
Markup
1.56%
Jeweler Profit
-61%
Jeweler profit margin
345%
Created with Highcharts 7.2.2Price differenceRough costCutting costCert costOther costsTotalB2B priceB2C priceMarkupJeweler ProfitJeweler profit margin
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Data was gathered by cost and selling price of a 2-carat, F-color, VVS2-clarity natural diamond with the equivalent synthetic stone at various stages of the distribution chain in September 2023.
The discount percentages are based on the prices of lab-created diamonds compared to the equivalent natural diamonds during the same time period in U.S. dollars.
Citation formats
Madhumitha Jaganmohan
Research expert covering climate and environmental sustainability
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Diamonds.net. (October 2, 2023). Price difference of lab-created diamonds from natural diamonds in the United States as of September 2023, by cost category (in percent) [Graph]. In Statista. Retrieved April 26, 2025, from https://www.statista.com/statistics/786501/lab-created-diamonds-price-difference-from-natural-diamonds/
Diamonds.net. "Price difference of lab-created diamonds from natural diamonds in the United States as of September 2023, by cost category (in percent)." Chart. October 2, 2023. Statista. Accessed April 26, 2025. https://www.statista.com/statistics/786501/lab-created-diamonds-price-difference-from-natural-diamonds/
Diamonds.net. (2023). Price difference of lab-created diamonds from natural diamonds in the United States as of September 2023, by cost category (in percent). Statista. Statista Inc.. Accessed: April 26, 2025. https://www.statista.com/statistics/786501/lab-created-diamonds-price-difference-from-natural-diamonds/
Diamonds.net. "Price Difference of Lab-created Diamonds from Natural Diamonds in The United States as of September 2023, by Cost Category (in Percent)." Statista, Statista Inc., 2 Oct 2023, https://www.statista.com/statistics/786501/lab-created-diamonds-price-difference-from-natural-diamonds/
Diamonds.net, Price difference of lab-created diamonds from natural diamonds in the United States as of September 2023, by cost category (in percent) Statista, https://www.statista.com/statistics/786501/lab-created-diamonds-price-difference-from-natural-diamonds/ (last visited April 26, 2025)
Price difference of lab-created diamonds from natural diamonds in the United States as of September 2023, by cost category (in percent) [Graph], Diamonds.net, October 2, 2023. [Online]. Available: https://www.statista.com/statistics/786501/lab-created-diamonds-price-difference-from-natural-diamonds/
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