The forecast for the re-import of worked precious and semi-precious stones into the UK shows a steady growth from 2024 to 2028, increasing from $1.4257 million in 2024 to $1.471 million in 2028. Comparing these figures to the 2023 base of $1.413 million, the year-on-year growth indicates a consistent upward trend of approximately 0.8% to 1% annually. The compound annual growth rate (CAGR) over this period is around 0.9%, suggesting a stable market recovery and rising demand for precious stones.

Future trends to watch for:

Fluctuations in global gem prices which may affect import values.
Economic factors, such as currency exchange rates and trade policies post-Brexit, influencing market dynamics.
Technological advancements impacting the processing and valuation of precious stones.