In 2023, garnet imports in the US stood at $75.00 million. From 2024 to 2028, imports are forecasted to steadily increase, with values reaching $90.03 million, depicting an upward trend. The annual growth from 2024 to 2025 is 3.83%, while from 2025 to 2026 it is 3.61%, and from 2026 to 2027 it is 3.41%. The average annual compound growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.56%.
Future trends to watch for include potential impacts of global trade policies, technological advancements in the garnet industry, and changes in domestic demand driven by the construction and manufacturing sectors.
