The import of statuettes and ornamental articles of porcelain or china to Georgia was assessed at an actual value of 5.96 thousand kilograms in 2023. From 2024 onwards, the data suggests a consistent downward trend, with imports decreasing by approximately 8% annually. The year-on-year variation indicates a steady decline, driven by the compounding effects of reduced consumer demands or changes in trading conditions. The Compound Annual Growth Rate (CAGR) for the forecast period from 2024 to 2028 is projected at -9.63%.
Future trends to watch for:
- Potential shifts in consumer preferences towards alternative materials or products.
- Impact of changes in trade policies or regulations affecting import dynamics.
- Economic factors that could influence purchasing power or demand in Georgia.