Apparently all is great with the diamond industry in Belgium as the Belgian rough diamond trade totaled $1.69 billion in February.  Diamond experts estimate that rough diamond exports jumped 162.2 percent, bringing in $904 million and delivering 10.79 million carats of industrial and gem-quality diamonds.

Furthermore, the global rough diamond market was highly active in February.  Many of the major producers have raised their prices, possibly indicating a near-end to the recession turmoil that plagued the diamond industry in 2009.

Belgian rough diamond imports amounted to $781.69 million, bringing in a total of 10.5 million carats–an approximately 182% increase compared to February of 2009.

With demand climbing, diamond prices are sure to steadily increase this year, so prospective shoppers may want to plan on buying diamonds soon.  Interested buyers should might want to consider diamond stud earrings, diamond solitaire pendants or loose diamonds.