In 2023, the re-import value of articles of pearls, precious or semi-precious stones to Italy stood at approximately $11.5 thousand USD. The forecast for 2024 to 2028 indicates a gradual increase from $11.89 thousand USD to $13.47 thousand USD.
The year-on-year variations show consistent growth: a 3.45% increase from 2024 to 2025, 3.25% from 2025 to 2026, 3.07% from 2026 to 2027, and 2.90% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 3.17%.
Future trends to watch for:
- Potential market shifts due to global economic factors affecting luxury goods demand.
- Italy’s trade policies impacting re-imports and tariffs on luxury items.
- Technological advancements influencing the jewel industry and import dynamics.