The forecast for re-import of jewellery of precious metal to China indicates a steady upward trend from 2024 to 2028, beginning at 12.181 million USD in 2024 and reaching 14.146 million USD by 2028. Notably, this series shows an annual growth, with year-on-year increases as follows: 4.17% for 2025, 3.91% for 2026, 3.69% for 2027, and 3.49% for 2028. This displays a deceleration in growth momentum. The projected compound annual growth rate (CAGR) for the five-year period is approximately 3.85%.
Future trends to watch:
- Potential shifts in China's consumer preferences for luxury goods influencing jewellery import demand.
- Changes in global precious metal prices affecting market dynamics.
- Evolving policies around trade and tariffs impacting re-importation patterns.
- Technological advancements in jewellery manufacturing and design improving local production.