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Over 80% of rough diamonds were purchased in Antwerp. [4] Within the area is the Antwerp World Diamond Centre, and four trading exchanges [5] including the Diamond Club of Antwerp and the Beurs voor Diamanthandel, both of which were founded by Hasidic diamantaires, [6] the Antwerpsche Diamantkring and the Vrije Diamanthandel. [7]
The Antwerpsche Diamantkring was established in 1928 in Antwerp, Belgium, to become the first diamond bourse worldwide that is dedicated exclusively to rough diamonds trade. [1] It is a member of the World Federation of Diamond Bourses. 85% of the world’s diamond supply is traded in Antwerp, and in particular in the Antwerpsche Diamantkring ...
It also had a commercial branch to issue certificates. In 2007, the Diamond High Council was restructured and split up in two different enterprises. One of them, the Antwerp World Diamond Centre (AWDC), a private foundation, is responsible for the representation of the collective interests of the Belgian diamond industry domestically and abroad.
The Antwerp diamond district's leading firms and various foreign firms exhibit high quality natural diamonds of a variety of cuts and sizes, from white diamonds to natural fancy colour diamonds. Buyers from jewellery manufacturers and retailers visit the show to source stones and to re-stock.
The largest markets are USA (about half), China and India. [3] As of 2017 larger diamonds had appreciated in value since 2008 more than smaller ones. [4] [5] In early 2025 diamond prices had dropped significantly from a peak in 2022; prices of natural gems in shops dropped by 26% by the beginning of 2025.
In March 2023, Masisi announced that Botswana would acquire a 24% stake in HB Antwerp. [17] The company established Signum, a rough diamond brand which sells directly to the public and sold 12 Non-fungible token diamonds in January 2022. [1] HB Antwerp opened HB Botswana, a new cutting and polishing facility in Gaborone, Botswana, in 2023. [18]
On 6 December 2001; the New York representative office changed its name to Antwerp Diamond Bank. [3] In 2002, KBC Bank increased its stake in ADB to 99.9%. To do so, KBC bought out Henfin Holding, which had represented De Beers on the board of ADB as one of its founding shareholders. [2] That same year, ADB opened a branch in Mumbai, the center ...
Members of The World Federation of Diamond Bourses (WFDB) act as a medium for wholesale diamond exchange, trading both polished and rough diamonds. The WFDB consists of independent diamond bourses in major centers of the diamond trade such as Tel Aviv, Antwerp, Mumbai, Johannesburg, London and New York and other cities across the United States ...