The import of jewellery and parts of precious metals, excluding silver, to Canada is projected to grow steadily from 2024 to 2028. Starting at $888.66 million in 2024, the value is anticipated to reach $958.45 million by 2028. The year-on-year growth is consistent but moderate, with the most recent data suggesting a positive outlook for the sector, given the absence of the 2023 data.

Future trends to watch include:

Global economic shifts impacting luxury goods spending.
Potential changes in trade policies affecting import dynamics.
Shifts in consumer preference towards sustainable and ethically sourced jewellery.
Technological advances in jewellery design and manufacturing.