Diamond Market in Belgium/Antwerp
The searches for the perfect diamond, a symbol of eternal love and the quest for perfection have always been associated with the city of Antwerp. A place of profound importance for the international diamond trade, Belgium’s biggest port has rightfully earned its place as the capital of the world’s diamond business. Antwerp has been known as the diamond capital of the world for several centuries, a title which hasn’t been easily earned. The diamond trade in the port started nearly 500 years ago when the first rough stones were brought over from India. Established in 1973, the Antwerp World Diamond Centre (AWDC) is one of the world’s most renowned private companies that officially represents and coordinates the Antwerp diamond sector. Located in heart of Antwerp in the Hoveniersstraat, it directs the import and export of diamonds in and out of Antwerp. Antwerp is home to all major diamond mining companies, which sources diamonds for thousands of diamond dealers across the globe.
Antwerp has always been a place of unlimited opportunity. The diamond industry, established in the 15th century, expanded considerably as it became a trading axis that traversed Europe and led all to India, where the first trade with rough diamonds had begun. 85% of the world’s rough diamonds, 50% of the polished diamonds and 40% of industrial diamonds are passing through the diamond district, highlighting its status as the diamond capital of the world. For centuries, Antwerp has been synonymous with quality in the diamond industry and has evoked a feeling of class and superior craftsmanship. And it seems the world’s leading diamond center will continue to be revered as a market of unimaginable riches and variety that captivates the imagination of the public and attracts traders from around the globe in search of diamonds of superior quality.