DiamondBuzz
Total value of Antwerp’s diamond imports and exports fall by over a third
The total value of all Antwerp’s diamond imports and exports fell by over a third in the first two months of 2025, according to the Antwerp World Diamond Centre (AWDC) as the global slowdown and the impact of lab gowns were compounded by the effects of G7 sanctions on the sole verification point.
Imports fell 36 per cent by value, from $2bn in January and February 2024, to $1.3bn in the same months of 2025 and were down by 17 per cent in carat terms, from 26.8m carats to 22.1m carats.
Exports were down by almost 38 per cent to $1bn by value and down 24 per cent to 11m carats by volume.
Average per carat rough prices recorded by the AWDC’s Diamond Office fell by over 11 per cent from January 2024 to January 2025 to $98.36 and polished prices were down by over 9 per cent during the same period to $1.940.69.
Antwerp had suffered geopolitical tensions, dwindling demand and lab grown popularity like other diamond centers, said Karen Rentmeesters, CEO of AWDC at an inaugural Town Hall meeting (on 12 March). But it was only the only hub hit by the G7 sanctions on Russia, which wiped out over a quarter of its supply. “There’s geopolitical tensions, there’s dwindling demand, there’s increased competition from lab grown or synthetic diamonds. And this has had a severe impact on the trade, on the volumes, across the board. We see it in all the trade hubs and the manufacturing hubs.”
She also noted that figures for January and February 2024 were just before the implementation of indirect G7 sanctions on 1 March 2024, outlawing diamonds of 1.0-cts or above, even if polished outside Russia.But she said Antwerp, alone among diamond hubs, had been hit by the G7 sanctions. Antwerp has been the sole verification point for rough goods entering the G7 (and the EU) countries since 1 March 2024, although the European Commission (EC) has said it will be establishing a second entry point in Botswana.
DiamondBuzz
De Beers – The New Power Move: Why Natural Diamonds Are The Definitive Daily Essential For The Modern Indian Man
Natural Diamonds Are Emerging As the Ultimate Symbol Of Personal Style, Achievement, and Everyday Luxury For India’s Modern Male Consumer.
Masculine style in 2026 has a new focal point. The conversation around men’s jewellery has moved away from traditional ceremonial wear toward a more personal, everyday expression of identity. Whether it is a signature chain, a sculptural pendant, or a bold ring, natural diamonds have become the primary medium for this new aesthetic.
The data confirms this shift: recent industry research shows that 52% of acquired diamonds in India are now worn every day.
This cultural transformation is most visible where performance meets high-profile style. Indian cricketers are leading the charge, wearing natural diamonds both on and off the field as a mark of their personal journey and quiet confidence. From training sessions to post-match press conferences, icons like Suryakumar Yadav, Abhishek Sharma, and Hardik Pandya treat their bespoke diamond pieces as an extension of their professional “armour.”
This ease with luxury is mirrored globally; Formula 1 icons like Lewis Hamilton have long made natural diamonds central to their paddock style, while the red carpet has seen a surge in unconventional masculine styling. Recent appearances by Jay-Z, who wore a vintage diamond brooch at the collar, highlight that natural diamonds are a core part of the modern fashion vocabulary.
The primary driver of this shift is the Gen Z and Millennial male. Broadly the 18 to 38 age group, this demographic is urban, digitally fluent, and possesses a strong personal aesthetic. Gen Z alone now generates 51% of the total natural diamond market value in India, a 19% increase since 2022.
Most importantly, self-purchase is replacing gifting as the dominant entry point. Men are now research-driven and decisive, choosing to buy natural diamonds to mark professional achievements or simply to refine their daily personal brand.
While Tier 1 metros remain the primary base, aspiration is expanding rapidly into Tier 2 and Tier 3 cities. As high-income Indian households are forecast to grow by 16% through 2030, the male natural diamond consumer of tomorrow is younger, more stylistically confident, and far more willing to invest in himself.
This demand is also shaping a new design language. The lone solitaire stud is being replaced by architectural silhouettes, layered chains, chunky bracelets, and rings with clean, geometric lines. Princess and baguette cuts are increasingly preferred for their sharp, masculine appeal.
As we look toward the next decade, this momentum is only set to accelerate. What began as a styling choice on the cricket pitch has matured into a cultural standard of authenticity and permanence. For the modern Indian man, a natural diamond is more than a luxury, it is an enduring signature of his unique journey.
In an era of fleeting trends, this shift toward the rare and the timeless signals a future where masculinity is defined by a legacy that stays forever.
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