In 2023, the import value for pearls, precious stones, metals, and coins to the Philippines stood at 148.42 million USD. Forecasted data from 2024 to 2028 indicate a year-on-year decline: from 2024 at 143.47 million USD to 2028 at 124.57 million USD.
Year-on-year variation percentages are as follows:
- 2025: -3.39%
- 2026: -3.43%
- 2027: -3.49%
- 2028: -3.55%
Future trends to watch for include changing consumer preferences for luxury goods, fluctuations in global economic conditions, and trade policy adjustments that could impact the import levels of these commodities. Monitoring advancements in synthetic gemstone technologies as well as global pricing trends of precious metals and pearls will be critical to anticipate and understand future import dynamics.
