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Discover the most prestigious diamond cities

Antwerp is by far the most prestigious diamond city in the world. Everyone agrees on that. But the famous metropolis at the Scheldt is obviously not the only place on Earth where diamonds are traded and cut on a large scale. Here you can discover the most important ones. They all  have one thing in common: an inextricable link to the Antwerp diamond district.
 

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Which cities dominate the global diamond trade, and what makes each one unique?

While Antwerp reigns as the world's diamond capital, handling 80% of rough diamonds globally, several other cities play vital roles in the international diamond industry. Chicago serves as America's diamond hub, managing 30% of annual diamond sales. Israel's Ramat Gan houses one of the world's most modern diamond exchanges, while Amsterdam maintains its historic significance as Europe's key processing center. Hong Kong has emerged as a crucial market for diamond jewelry, particularly for engagement rings. London functions as a major storage vault for finished diamonds, and Tokyo uniquely specializes in incorporating diamonds into electronics and gadgets. Each city maintains strong connections to Antwerp's diamond district, forming a global network that supports the diamond trade's various aspects, from cutting and polishing to retail and innovation.

Antwerp - The Diamond Capital of the World

When it comes to diamonds, Antwerp stands unrivalled. Known as the diamond capital of the world, this Belgian city is home to the bustling Antwerp Diamond District, where over 80% of the world’s rough diamonds pass through. It's a hub for both trade and craftsmanship, boasting cutting-edge technology and centuries of expertise. If there’s one place that epitomises the diamond industry, it’s Antwerp.

Chicago: The American Diamond Capital

The United States are responsible for more than 30% of the total yearly sale of diamonds. Chicago is the capital of the American diamond sector. A portion of the diamonds in The Windy City come from Antwerp, but also from the US diamond mines themselves.

Ramat Gan - A hub of diamond innovation

Ramat Gan is home to the Israel Diamond Exchange, one of the largest and most modern diamond exchanges globally. This vibrant area blends innovation with tradition, offering state-of-the-art facilities that facilitate the seamless trade of diamonds, from rough to polished. Ramat Gan's significance in the diamond industry highlights its innovative spirit and key role in the global market.

Amsterdam: processing and distribution centre for the European market

Amsterdam has a rich tradition in trading rough diamonds. Among other things, the famous Cullinan diamond residing in the British crown jewels was polished in Amsterdam by the Asscher brothers. Even though they are still a formidable competitor, the city has had to lose some of its significance on the international diamond market in the last few centuries. Amsterdam still remains one of the most important processing and distribution centres for the European market. Following Antwerp, of course.British crown containing the Cullinan diamond, cut in Amsterdam - BAUNAT

 

Hong Kong its enormous growing market

You can already guess the origin of most of the cut diamonds in Hong Kong. This special Chinese administrative region can rely on an exceptional reputation in terms of the sale of diamonds and diamond jewellery. Moreover, Hong Kong is situated in an enormous growing market: more and more couples are getting married there with, for example, a diamond engagement ring.

London: the Diamond Vault

Traditionally, most of the finished diamond jewellery is sold in London. Since World War II, the British capital has become a kind of storage place for diamonds, which will be used to set into jewellery afterwards. Of course, the bulk of the stored diamond passed through Antwerp first.

Tokyo: specialist in turning diamonds into telephones and gadgets

Tokyo really is the odd man out in the diamond sector. How do they differentiate themselves from Antwerp? They are specialised in the processing of diamonds into telephones, gadgets and other utilitarian objects. Unlike in Belgium, the big earners in Japan are prepared to give anything in order to give their smartphone an exclusive touch with a dazzling diamond.

The importance of buying from a renowned diamond city

When purchasing diamonds, the city from which you buy is certainly of paramount importance. Renowned diamond cities often boast a rich history and tradition of craftsmanship, ensuring that the gems you acquire are of the highest quality. These cities host expert gemologists and skilled jewellers who adhere to rigorous standards and utilise advanced technology to cut and polish diamonds to perfection. Moreover, buying from a reputable city can provide added assurance regarding the ethical sourcing and authenticity of the diamonds, guaranteeing that your investment is not only beautiful but also responsible.

Discover Antwerp diamond quality at BAUNAT

Luckily, you don’t have to go on an international trip to quickly find the best diamond on the market. Searching for an affordable Antwerp diamond? Sit back, relax and have a look at BAUNAT’s online store. You can find a brilliant range of bracelets, engagement rings, necklaces and other diamond jewels; always at the best prices on the market with a quality guarantee of 20 years.

Looking for stunning diamond jewellery as a gift? Would you like to invest in valuable high jewellery? Contact the BAUNAT diamond jewellery experts or make an appointment in one of our showrooms for your perfect piece.

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