PUBLISHED February 28, 2026
According to “Antwerp Diamond Industry Trade Figures 2025” published by the Antwerp World Diamond Centre (AWDC), the Antwerp diamond sector closed 2025 with lower overall activity, although the second half of the year showed early indications that the market may be stabilising.
Total diamond trade in Antwerp reached USD 19.1 billion in 2025, reflecting the continued downturn in global diamond trading.
The figures confirm that the industry is still adjusting after a difficult period marked by weaker demand and structural shifts in the market.
AWDC characterises the current environment as a smaller market compared with previous years. The decline underscores the pressure facing the global diamond value chain, but the organisation also points to improving momentum toward the end of the year.
According to the report, activity in Antwerp picked up in the second half of 2025, suggesting that the steep contraction phase may be easing. While this does not yet signal a full recovery, it indicates that the market may be moving toward a new equilibrium.
AWDC characterises the current environment as a smaller market compared with previous years. The decline underscores the pressure facing the global diamond value chain, but the organisation also points to improving momentum toward the end of the year.
According to the report, activity in Antwerp picked up in the second half of 2025, suggesting that the steep contraction phase may be easing. While this does not yet signal a full recovery, it indicates that the market may be moving toward a new equilibrium.
The weaker annual performance reflects broader challenges affecting the international diamond trade. AWDC notes that the decline in Antwerp mirrors global market conditions rather than purely local factors.
The industry has been navigating a combination of softer consumer demand, price pressures and structural change across the luxury goods landscape. Against this backdrop, Antwerp’s performance is seen as part of a wider cyclical adjustment.
Despite the downturn, Antwerp remains one of the world’s key diamond trading hubs. The AWDC continues to emphasise the city’s central role in the global natural diamond ecosystem and its commitment to transparency and compliance.
The latest figures suggest that while volumes have contracted, the core infrastructure and market position of the Antwerp diamond centre remain intact.
Looking ahead, the AWDC signals cautious optimism. The improvement seen in late 2025 may indicate that the market is bottoming out, but the organisation stops short of predicting a rapid rebound.
For industry participants, the near-term outlook points to gradual stabilisation rather than a sharp upswing. Much will depend on the recovery of global jewellery demand and broader luxury consumption trends.
Bottom line: Antwerp’s diamond trade shrank in 2025, but the second half of the year brought early signs of stabilisation. The sector remains under pressure, yet the data suggest the market may be approaching a turning point rather than entering a deeper decline.
The weaker annual performance reflects broader challenges affecting the international diamond trade. AWDC notes that the decline in Antwerp mirrors global market conditions rather than purely local factors.
The industry has been navigating a combination of softer consumer demand, price pressures and structural change across the luxury goods landscape. Against this backdrop, Antwerp’s performance is seen as part of a wider cyclical adjustment.
Despite the downturn, Antwerp remains one of the world’s key diamond trading hubs. The AWDC continues to emphasise the city’s central role in the global natural diamond ecosystem and its commitment to transparency and compliance.
The latest figures suggest that while volumes have contracted, the core infrastructure and market position of the Antwerp diamond centre remain intact.
Looking ahead, the AWDC signals cautious optimism. The improvement seen in late 2025 may indicate that the market is bottoming out, but the organisation stops short of predicting a rapid rebound.
For industry participants, the near-term outlook points to gradual stabilisation rather than a sharp upswing. Much will depend on the recovery of global jewellery demand and broader luxury consumption trends.
Bottom line: Antwerp’s diamond trade shrank in 2025, but the second half of the year brought early signs of stabilisation. The sector remains under pressure, yet the data suggest the market may be approaching a turning point rather than entering a deeper decline.