The import of diamond jewelry worked but not mounted or set to China is projected to grow steadily from 2024 to 2028. Although data from 2023 is not available, the forecast shows incrementally rising values, starting at $10.322 billion in 2024 and reaching $11.843 billion by 2028. This indicates a positive growth trend. The compound annual growth rate (CAGR) over the five-year forecast period is anticipated to be a modest yet consistent figure, given the climb in values over the years.
Future trends to watch include:
- Global economic fluctuations impacting luxury goods demand
- The evolving tastes and preferences of Chinese consumers
- Regulatory changes and trade policies affecting import dynamics
- Technological advancements in diamond processing affecting market prices
- E-commerce and online retail expansion influencing import strategies
