The import value of Glass Beads and Imitation Stones to Singapore is projected to decline gradually from $12.53 million in 2024 to $11.791 million in 2028. Over the last two years, the year-on-year variations indicate a consistent reduction: -1.51% from 2024 to 2025, -1.52% from 2025 to 2026, -1.51% from 2026 to 2027, and -1.50% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately -1.55%, reflecting an average annual decline.

Future trends to watch for:

Shifts in fashion and jewelry demand influenced by consumer preferences.
Economic factors such as trade policies, tariffs, and exchange rates.
Technological advancements in synthetic gemstone production.
Evolving competition from alternative materials like plastic or composite beads.