The forecasted volume of imports of unworked or partly worked precious and semi-precious stones to China shows a steady upward trend from 2024 to 2028, increasing from 64.92 million kg in 2024 to 68.048 million kg in 2028. This represents a year-on-year growth of approximately 1.24% in 2025 and similar rates in subsequent years, indicating consistent demand.
In comparison to 2023 data, these projections highlight continuous growth driven by strong market demand and increasing economic activity. With no significant fluctuations, the CAGR over the 5-year period further reflects a stable market with moderate expansion.
Future trends to watch for:
- Potential impacts of global economic conditions on the demand for luxury goods.
- China's domestic policies and any trade agreements affecting import tariffs.
- Technological advancements in stone processing which could potentially shift market dynamics.