AWDC and Bain & Co. prepare report: ‘Journey through the value chain’

This is the third collaboration between the two in preparing industry-based reports
AWDC and Bain & Co. prepare report:  ‘Journey through the value chain’

Bain & Company and AWDC have collaborated for the third time, and together released the third annual report on the global diamond industry: ‘Journey through the value chain’. The two entities had prepared the first two studies, previously and renewed their collaboration and prepared a new report for 2013.

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.

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."

The report also compares 2012 results with those of previous years, highlighting the impact of continuing economic uncertainty on the diamond market; reviews a significant 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. The report also summarizes key challenges and provides an outlook for the diamond industry through 2023.

Stéphane Fischler, President AWDC: “Given Antwerp’s responsibilities as the historical and international leading trade center, it is only fitting that AWDC again takes the lead in sponsoring this latest report. These reports are a testimony to the long-term commitment and intellectual stewardship of Antwerp as the world's diamond capital.”

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