Forecast: Import of Worked Industrial Diamonds to China

In 2023, China's import of worked industrial diamonds was valued at approximately 1.065 million USD. The forecasted data for 2024 shows a slight decrease of 0.64% from the previous year. This declining trend is projected to continue through 2028, with each year witnessing a further reduction in value. Between 2025 and 2026, the import value decreases by 0.97%, followed by a 0.97% drop in 2027, and a decrease of 0.96% in 2028. The compounded annual growth rate (CAGR) over this five-year period is around -0.82%.

Future trends to watch for include:

  • Potential technological advancements that may decrease demand for worked industrial diamonds.
  • Fluctuations in global diamond prices impacting import decisions in China.
  • China’s domestic production capacities which could also influence import levels.

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