Diamond

Antwerp Rough and Polished Diamond Price Continue to increase in July

According to data released by the Antwerp World Diamond Centre Diamond Office, substantial increases in exports of rough and polished goods from Antwerp were again posted in July. Increasing prices per carat is continued, showing strong demand for both rough and polished as the jewellery pipeline restocks, both in the wholesale and retail sectors.

Highlights of ADWC July stats:

    * Belgian polished diamond exports in July rose by 4.16 percent in volume terms from a year earlier to 811,035 carats, and jumped 16.8 percent to $1.12 billion.
    * The same trend is seen for the figures for the first seven months of the year, with polished diamond exports climbing 2.8 percent from 2009 to 4.45 million carats, there was a 29.2 percent rise in value terms to $6.45 billion.
    * In polished diamond imports, Belgian diamantaires bought 584,898 carats in July, an increase of 3.5 percent from July 2009, but there was a 21.7 percent rise in financial terms to $798.1 million. For the January-July period, polished diamond imports increased 2.8 percent from a year earlier to 4.46 million carats worth $5.83 billion, a rise of 29.5 percent.
    * In rough goods, Belgium exported 11.2 million carats in July, a decline of 2.1 percent, worth $1.0 billion, an increase of 17.5 percent.
    * For the first seven months of this year, however, the picture was much different, with rough exports soaring 60.5 percent to 81.2 million carats worth $6.69 billion, a jump of 72.3 percent.
    * In rough diamond imports, Belgium bought 8.18 million carats of rough goods last month worth $690.5 million, a decline of 12.2 percent in volume, but a rise of 10.0 percent, from July last year.
    * In the January-July period, rough diamond imports show strong rises in both volume and financial terms, with a 43.8 percent increase on 2009 to 68.3 million carats worth $5.58 billion, a rise of 70.5 percent.