The import of synthetic precious or semi-precious stone worked to Italy is forecasted to decline steadily from 13.89 thousand kilograms in 2024 to 9.95 thousand kilograms in 2028. This marks a consistent year-on-year decrease of approximately 7.57% from 2024 to 2028. As of 2023, the import volume stood higher than the projected figures for the coming years. The compound annual growth rate (CAGR) reveals an average decline of around 8% annually over this forecast period.
Looking forward, the market may face challenges from increasing domestic production capabilities and a shift towards more sustainable and ethical sourcing of gemstones. Regulatory changes and consumer trends favoring genuine over synthetic stones could also impact import volumes.
