The re-import of worked ivory and articles of ivory to China shows a steady increase from 138.77 kilograms in 2024 to 145.82 kilograms in 2028. Compared to the estimated 2023 volume, this reflects a consistent annual growth rate. Notably, each year sees an increase of about 1.2% on average, a reflection of the compound annual growth rate over the forecast period. This trend of gradual growth may be tied to regulatory changes or shifts in consumer demand for ivory products.
Future trends to watch for include:
- Regulatory actions at both domestic and international levels that may impact ivory trade.
- Consumer sentiment shifting towards sustainable and ethical products, potentially influencing demand.
- Technological advancements in alternative materials that could replace ivory in certain industries.