The import of mounted precious or semi-precious stones to Australia was valued at 44.032 million USD in 2023. The year-on-year variation for 2023 showed a 0.89% increase. Over the past two years, imports have shown modest fluctuations: a significant increase of 21.63% in 2021 followed by smaller increments in subsequent years. The five-year Compound Annual Growth Rate (CAGR) stands at 1.46%, indicating a steady, albeit modest, overall positive trend.

Future trends to watch for include:

Consistency in import values, with forecasted modest annual growth through 2028.
Commercial and economic factors affecting global trade, which could impact the steady import growth rate.
Potential shifts in consumer preferences impacting demand for precious and semi-precious stones.