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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.
Antwerp's diamond district, also known as the Diamond Quarter (Diamantkwartier), and dubbed the Square Mile, [1] is an area within the city of Antwerp, Belgium. It consists of several square blocks covering an area of about one square mile.
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 World Diamond Congress is a bi-annual industry event organized by World Federation of Diamond Bourses and the International Diamond Manufacturers Association. The first World Diamond Congress was held in Antwerpen, Belgium in 1947.
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The World Federation of Diamond Bourses, founded in 1947, [1] was created to provide bourses trading in rough and polished diamonds and precious stones with a common set of trading practices. It is composed of 27 [ 2 ] member diamond bourses.
The majority live in Antwerp, working in the wholesale diamond business. [3] [4] Belgian Indian Jains control two-thirds of the rough diamonds trade and supplied India with roughly 36% of their rough diamonds. [5] They have built building a major temple in Wilrijk (near Antwerp), with a cultural centre, which was consecrated in 2010. [6]