In 2023, the re-import of diamond jewelry worked but not mounted or set to Canada was valued at 14 million USD. Forecasted data from 2024 to 2028 shows a consistent downward trend in value, decreasing from 13.202 million USD in 2024 to 10.353 million USD in 2028. This represents a steady year-on-year decline in value, with an average annual decrease (CAGR) of approximately 6.1% over the five-year period.
Future trends to watch for include potential market shifts due to changing consumer preferences, advances in synthetic diamond technology, and evolving trade policies. Monitoring these factors will be crucial for stakeholders in this sector.
