The import of unsorted diamonds to Italy is projected to increase steadily from 2024 to 2028, starting at 20.34 thousand kilograms and reaching 24.54 thousand kilograms. Compared to 2023, when the actual volume stood at a lower level, these forecasts suggest a consistent upward trend. The yearly growth rates from 2024 to 2028 are approximately: 5.31% from 2024 to 2025, 5.00% from 2025 to 2026, 4.58% from 2026 to 2027, and 4.34% from 2027 to 2028. The five-year compound annual growth rate (CAGR) is around 4.81%.
Future trends to watch for include:
- Global economic shifts that might impact luxury market demand, including diamonds.
- Technological advancements in diamond sorting and valuation processes.
- Potential regulatory changes in the diamond trade affecting import policies.