In 2023, China's exports of pearls, stones, metals, and related articles were valued at $29.44 billion. Forecasted data for 2024 predicts an export value of $32.02 billion, marking a 8.8% year-on-year increase. The following years show continued growth with export values reaching $46.71 billion by 2028, averaging a compound annual growth rate (CAGR) of approximately 9.1% over the five-year period.
Future trends to watch include:
- Increased demand from emerging markets.
- Impact of geopolitical factors on trade routes and tariffs.
- Technological advancements in jewelry manufacturing.
- Sustainability and ethical sourcing affecting consumer preferences.
