Forecast: Import of Statuettes and Ornamental Articles of Porcelain or China to Jamaica

The forecast for the import of statuettes and ornamental articles of porcelain or china to Jamaica illustrates a significant downward trend from 2024 to 2028, with imports decreasing from 12.59 thousand kilograms in 2024 to only 2.16 thousand kilograms by 2028. As of 2023, the import volume was also recorded at around 12.59 thousand kilograms, marking a peak before the forecasted decline begins.

Year-on-year variations reveal sharp decreases: 21.36% in 2025, 26.56% in 2026, 35.50% in 2027, and 53.93% in 2028. The 5-year compound annual growth rate (CAGR) is negative, illustrating a sustained contraction in imports.

Future trends to watch for include:

  • Changes in consumer preferences towards alternative materials or local craftsmanship, affecting demand for imported porcelain or china items.
  • Economic factors impacting household disposable income in Jamaica, potentially reducing luxury goods imports.
  • Potential trade policy shifts or increased import tariffs influencing market dynamics.

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