The import of mounted precious or semi-precious stones to Brazil has seen consistent growth. In 2023, the value stood at approximately $8.3 million. Forecasted values show a steady increase: $8.5958 million in 2024, $8.8737 million in 2025, $9.1461 million in 2026, $9.413 million in 2027, and $9.6746 million in 2028. Year-on-year variations are around 3.20% to 3.45%. The compound annual growth rate (CAGR) over the last five years (2023-2028) is approximately 3.30%, indicating a healthy expansion in demand.
Future trends to watch for include:
- Economic conditions in Brazil impacting consumer purchasing power.
- Fluctuations in global gemstone prices.
- Policy changes regarding trade and import regulations.
- Growth in the luxury goods market and its influence on gemstone imports.