The import value of synthetic and reconstructed jewellery stones to Vietnam in 2023 stood at 7.6329 million US dollars. Looking at the year-on-year variations, in 2024 the forecasted value remains the same at 7.6329 million USD. By 2025, there is an expected increase to 7.8498 million USD, equating to a 2.84% rise. This growth trend continues with the value reaching 8.0624 million USD in 2026 (a 2.71% increase), 8.2707 million USD in 2027 (a 2.58% increase), and 8.4748 million USD in 2028 (a 2.45% increase). Over this five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is observed to be approximately 2.64%.

Future trends to watch for:

Increased demand driven by rising disposable incomes and changing fashion trends in Vietnam.
Potential impact of economic policies and trade agreements on import duties and regulations.
Technological advancements leading to improved quality and variety of synthetic and reconstructed stones.