Belgium’s polished diamond exports grew 6 percent year on year to $1.059 billion in December, according to the Antwerp World Diamond Centre (AWDC). By volume, exports rose 5 percent to 559,488 carats as the average price increased 1 percent to $1,893 per carat.
polished exports to the U.S. rose 7 percent year on year to $295.1
million during the month; however, exports to Israel declined 14
percent to $128.3 million. Exports to India grew 10 percent to $50.3
million, while exports to Hong Kong rose 26 percent to $281.6 million
and exports to Switzerland increased by 21 percent to $55.5 million.
Exports to the United Arab Emirates rose by 27 percent to $117.2
Belgium's polished imports rose by 13 percent to $877
million, leaving net exports, representing the excess of exports over
imports, of $181.8 million, a decline of 19 percent compared with one
Belgium’s rough imports increased 17 percent to $1.084
billion during the month, while rough exports dropped 4 percent to
$1.334 billion. Net rough imports, representing the excess of imports
over exports, fell to a deficit of $250.4 million compared with a
deficit of $464 million one year ago.
Belgium’s December net
diamond account, representing total imports of polished and rough
diamonds less total exports, declined by 37 percent to $432.2 million.
noted that 2013 was the second best year ever for the Antwerp diamond
industry. During 2013, Belgium’s polished exports increased 5 percent to
$13.882 billion, while its polished imports rose 3 percent to $13.299
The U.S. remains Antwerp’s first destination for
polished diamonds, closely followed by China. The AWDC observed a
significant increase in the trade with both Dubai and South Africa,
while the European market remained relatively stable.
imports grew by 8 percent in 2013 to $13.228 billion, while rough
exports rose 8 percent to $14.626 billion. By volume, 90.6 million
carats of rough diamonds were imported and 106.5 million carats of rough
diamonds were exported equaling a combined value of more than $27.8
billion or an increase of 8 percent compared to 2012.
increase in rough trading was the result of Antwerp’s drive to expand
its importance as the leading hub, according to AWDC, which touted the
success of its in-house tender facility that allows fast and efficient
buying. AWDC also reinforced its ties with ALROSA through a new
cooperation agreement, noting that 65 percent of the mining giant's
production is traded in Antwerp. AWDC intends to intensify trade
relationships with Zimbabwe for Marange goods in addition to future
cooperation with Canada-based Stornoway Diamonds for its Renard
Belgium’s net diamond account for the 12 month period increased 26 percent to $1.98 billion.