In 2023, the import of unworked or simply sawn, cleaved, or bruted industrial diamonds to China stood at an actual value of 236.91 kilograms. The forecast data for 2024-2028 shows a consistent year-on-year growth, with imports increasing by approximately 4.5% annually. Specifically, the compound annual growth rate (CAGR) over the five-year period starting from 2024 to 2028 is estimated at around 4.4%.
Future trends to watch for include:
- Technological advancements in industries utilizing industrial diamonds, potentially driving higher import volumes.
- Shifts in global supply chains or geopolitical factors affecting diamond imports.
- China's domestic production capabilities versus reliance on imports.