Imports of jewellery and parts of precious metal except silver to Italy are predicted to grow steadily from 101.26 thousand kilograms in 2024 to 119.6 thousand kilograms by 2028. This reflects a continuous year-on-year increase, with growth rates of approximately 4.68% from 2024 to 2025, 4.37% from 2025 to 2026, 4.1% from 2026 to 2027, and 3.85% from 2027 to 2028, indicating a slight deceleration over these years. Considering the average compound annual growth rate (CAGR) from 2024 to 2028, the sector shows a promising expansion phase.
Future trends to watch for in the Italian jewellery import market include:
- Emerging consumer preferences towards more sustainable and ethically sourced materials.
- Potential impact of geopolitical events on trade regulations, possibly affecting import volumes.
- Technological advancements in jewellery-making which might influence demand and design trends.
- The purchasing power of consumers as economic conditions evolve post-2024.