The forecast for Japan’s import of unworked or partly worked precious and semi-precious stones shows a significant decline from 2024 through 2028, dropping from 139.33 to 38.04 thousand kilograms. This continues the decreasing trend observed in the preceding years. The estimated compound annual growth rate (CAGR) for the period from 2023 to 2028 is negative, indicating a steady decrease in volume.
Key trends to watch include:
- The impact of potential trade agreements or regulations influencing import strategies.
- Fluctuations in demand driven by changes in the jewelry market and consumer preferences.
- The effect of economic conditions and currency fluctuations on import volumes.
- Technological advancements that may alter the processing needs of raw stones.