China in 2016 is likely to become the worlds largest diamond consumer. This is Belgium Antwerp World Diamond Centre CEO Ari Epstein recent interview to make predictions. Antwerp World Diamond Center is the worlds largest diamond trading center, about 80 percent of the worlds rough diamond trade in Antwerp, 50% of polished diamonds go through Antwerp.
Order to seize the Chinese market shares. Art Epstein said the company plans to set up in China Polished Diamond Sales Center (B2B), as a stronghold of the company to enter China, covering China and the Asian market as a whole.
Antwerp This is done because the leading position in the diamond industry is being challenged. Publicly available data, 2011 Antwerp, Belgium, Israel, Tel Aviv, Mumbai, India, China Shanghai Four Diamond Exchange diamond import and export transactions totaled $ 56.5 billion, $ 20.8 billion, $ 63 billion, $ 4.7 billion, up 35% , 23%, 16%, 63%.
Financial crisis, the global diamond cartier earrings market has been some impact, but then quickly be restored. Art Epstein said that Chinas demand is very strong, the financial crisis in 2008 after just six months, Chinese demand on the global ranking from the previous fifth, sixth, jumped to second place. Since 2009, China has for three consecutive years ranked the worlds second largest diamond consumer market.
