The import of mounted precious or semi-precious stones to the Netherlands has shown significant fluctuations over the past decade. From a low in 2016, there has been considerable recovery, peaking in 2018 before experiencing stabilization. In 2023, the value stood at 2.9601 million US dollars, showing a slight year-on-year growth of 1%. The average annual growth rate over the last five years up to 2023 was -0.79%.
Significant year-on-year variations were observed, with notable declines and spurts in different years. The period from 2018 to 2023 notably showed variable trends but culminated in a stabilizing phase towards 2023. The projections for 2024 onwards indicate a steady but modest compound annual growth rate (CAGR) of 0.79%, culminating in a forecasted value of 3.1127 million US dollars by 2028.
Future trends to watch for:
- Consistency in modest growth rates signifying market stabilization.
- Impact of global economic conditions and trade policies on the import volumes.
- Technological advancements in synthetic gemstones affecting demand.
