Compared to natural diamonds, synthetic diamonds are much cheaper, with almost the same added value and completely identical physical, structural and thermal procurement.

Laboratory grown diamonds are up to 70% cheaper than their naturally grown counterparts. This is due to lower manufacturing costs, a shorter supply chain and a more competitive market.

Diamonds grown in the lab are not "cheap" because the production costs are comparable to diamonds that are mined. The process of cutting, polishing and certifying also costs about the same whether the diamonds are naturally mined or lab grown. However, the diamond mining industry is an oligopoly with restrictions on the supply of diamonds resulting in artificially inflated prices. As a consumer today, you have a choice and when purchasing a diamond you can choose either a naturally grown diamond or a lab grown diamond.

The latter has gained in popularity in recent years, which is mainly due to the price. Due to the great competition among the suppliers, the prices are kept artificially low, so that consumers with a smaller budget can also afford a beautiful ring.

Lab grown diamonds in Spain are a great alternative to natural diamonds. Theyre just as beautiful and sparkle just as much, but they cost noticeably less. This is good for the consumer who wants to buy a ring for the rest of their life without paying too much.