The import of mounted precious or semi-precious stones to Italy stood at $600 million in 2023. According to the forecasted data, import values are expected to increase significantly between 2024 and 2028. The year-on-year growth rate from 2024 to 2025 is approximately 4.7%, from 2025 to 2026 around 4.4%, from 2026 to 2027 is approximately 4.2%, and from 2027 to 2028 is around 3.9%. The compound annual growth rate (CAGR) over this 5-year period is projected to be about 4.3%.
Future trends to watch for include global economic conditions affecting luxury spending, technological advancements in synthetic stones, and possible changes in trade regulations that may impact the import market. Monitoring these factors will be crucial for predicting future fluctuations in the import values of mounted precious or semi-precious stones to Italy.
