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Journey through the value chain

AWDC and Bain & Company released the third annual report on the global diamond industry: ‘Journey through the value chain’. The report focuses on the diamond value chain and traces diamonds’ route to market, offering for the first time a detailed view of channels and approaches for rough- and polished diamond sales.

Following the success of the first two studies, Bain & Company and AWDC renewed their collaboration and prepared a new report for 2013.

Stéphane Fischler, President AWDC: “Given Antwerp’s reponsibilities as the historical and international leading trade center, it is only fitting that AWDC again takes the lead in sponsoring this latest report. Over the course of hundreds of years, Antwerp has created a robust diamond cluster that includes a multitude of specialized players, including producers, sightholders, high-end cutters and polishers, and specialized financial and educational institutions. The dynamics of competition and cooperation ensure that the city remains at the heart of the international diamond trade. These reports are a testimony to the long-term commitment and intellectual stewardship of Antwerp as the world's diamond capital.”

Ari Epstein, CEO AWDC: "With ‘Lifting the Veil of Mystery’, AWDC and Bain&Company were able to provide unprecedented insight in the complex dynamics of our industry. The resulting document is widely acknowledged as an invaluable tool in understanding how the global diamond industry works. The second report, "Portrait of Growth", provided an in-depth analysis of the underlying processes of consumer demand and preferences. This third report is another valuable addition to understanding how our business works and which challenges lay ahead."

In addition to the focus on the diamond value chain, the report compares 2012 results with those of previous years, highlighting the impact of continuing economic uncertainty on the diamond market.
Furthermore, the report  reviews a sifnificant new trend in diamond production: a stream of M&A activity among the top producers of rough diamonds. Other new elements in this report are in-depth analyses of diamond sales models and approaches. Finally, the report summarizes key challenges and provides an outlook for the diamond industry through 2023.

You can download the report here.