In 2023, the re-import of articles of natural or cultured pearls to China was valued at approximately 370 thousand US dollars. The forecast from 2024 to 2028 shows a gradual decrease: from 368.35 to 362.56 thousand US dollars. The year-on-year variation indicates a consistent slight decline of around 0.4% annually. The compound annual growth rate (CAGR) for the period 2024 to 2028 is approximately -0.3%, indicating a minor yet persistent downward trend.
Future trends to watch for include:
- Potential impacts of international trade agreements and tariffs on pearl imports.
- Shifts in consumer preferences toward synthetic alternatives or other luxury goods.
- Economic fluctuations in China's market that could affect consumer spending power and demand for luxury items.