In 2023, China's import of jewellery and parts of precious metal except silver stood at an estimated $1.36 billion. Forecasts show consistent growth from 2024, with a year-on-year growth rate averaging around 4%, projected to reach approximately $1.73 billion by 2028. This trend indicates a Compound Annual Growth Rate (CAGR) of about 4.2% over the five-year period from 2024 to 2028, suggesting a steady increase in demand and market value.

Future trends to watch for include:

The impact of changing consumer preferences and economic conditions on import volumes.
Potential fluctuations in global gold prices affecting costs.
Regulatory changes in trade policies that could influence the jewellery market's dynamics.