From 2024 to 2028, the forecast demonstrates a steady increase in the import value of unworked or partly worked precious and semi-precious stones to the US. Starting at 60.945 million USD in 2024, this value is expected to reach 68.391 million USD by 2028, indicating a consistent annual rise. The year-on-year growth rates are approximately 3.1% annually, showcasing minimal volatility in the market for these materials. The compound annual growth rate (CAGR) over the five-year period is about 3.1%, echoing a stable market trajectory similar to the initial observations.
Future trends to watch for include fluctuations in demand driven by fashion and jewelry sectors, potential impacts from technological advancements in synthetic stone production, and economic policies affecting international trade. Furthermore, global events or economic shifts might assist or hinder these projections.
