The war in Ukraine, the decrease in the scope of consumption in China, the economic fog in the world and more. At the same time, crises create an opportunity: diamond prices drop by tens of percent and consumers are getting paid.

"It's been a year, its wars, its ups and downs, and its troubles," a senior official in the industry in Israel told us last December, while sighing. "I'm worried," he added, adding that he was worried about the future of the industry.