stant
travelling of the buyers from zone to zone who organize the lots to be
sold in the cities of Baia and Rio de Janeiro, the two principal export
centers.
The
total national production however, may be estimated to have totalled
197,088 carats in 1937. In that year, Mato Grosso produced 75,000
carats and was the leader according to amount but in value (6,600
contos) was the third largest thus bearing out the low unit price of
the stones from that state. Minas Gerais with an output of 53,000
carats was the second largest producer but first in value (10,800
contos) while Baia the third most important had an output of 48,000
carats with a value of 6,700 contos. Other producing states in that
year were Goiaz, Amazonas and Parana.
The
domestic total in 1938 fell to 114,205 carats a decline of 32% ever
1937 and was valued at 16,535 contos. It is to-be noted that production
in all states declined with the exception of Amazonas. The industry
developed in the sense that Sao Paulo and Para appeared as new
producers but their output was of little consequence.
The
1939 output had increased to 208,244 carats valued at 28,224 contos,
Mato Grosso continuing to be the leading producer with an output of
76,600 carats or 36% of the total while the value was but 7,400 contos,
the third largest in the country. As in 1937, Minas Gerais was the
second largest in quantity and first in value, the corresponding
values being 52,500 carats and 9,000 contos while Baia was third with
48,000 carats and second in value with 8,000 contos.
As
is apparent in Table 1 there is a tendency for the exports of diamonds
to increase in recent years after an appreciable decline in the 1930-4
period. In the 1920-9 period, the annual average was 4,927 contos; in
1930-4 period this had fallen to 689 contos while in the 1935-9
quinquennium, it had more than tripled the amount of the first period
being 15,427 contos. The 1939 exports were the largest in the recent
history of diamond exports but was surpassed in 1940 when the value
more than doubled.
In
1937, the leading market for the stone was England with Belgium and
Holland being of secondary importance. In 1938, Holland was the leading
outlet while England and Belgium followed in importance. The United
States which for some years had imported varying quantities of the
Brazilia.n stone was the principal market in 1939 according to value
accounting for 50% of the total. England and Belgium were second and
third respectively with purchases of 9,397 carats and 7,513 carats
respectively. In that year, Germany, Japan and Switzerland were other
markets of some importance. The 1940 shipments were 25% larger than
those of 1939 in quantity and as mentioned above, more than twice the
value.
Due
to to the wide variations in value attached each cut of stone, it is
meaningless to compare a list of prices by year although for purposes
of interest it may be mentioned that in 1940, the export price for
diamonds was 1,600 milreis per carat while the mine price was 100
milreis. The export price of carbonados averaged 512 milreis per carat
during the year and obtained an average mine price of 50 milreis.