The import of diamond dust or powder to the US is forecasted to rise steadily from 2024 to 2028, with annual values expected to increase from 121.18 to 133.96 thousand kilograms. In 2023, the import value stood at approximately 118 thousand kilograms. The year-on-year increases from 2024 to 2028 depict a consistent growth trend, with percentage changes slightly accelerating each year, averaging around 2.5% per annum over this period.
Future trends to watch for include:
- Potential fluctuations in global diamond supply and demand affecting import volumes.
- Technological advancements in diamond processing impacting market dynamics.
- Geopolitical factors and trade regulations potentially influencing trade flows.