In 2023, natural diamond imports in the US were approximately 4.85 million carats. The forecast data from 2024 to 2028 shows a steady year-on-year decrease, with an average reduction of about 4% annually, or a CAGR of -3.98% over the five-year period. This suggests a declining trend in the demand or supply of natural diamonds during this timeframe.

Future trends to watch for include:

The potential impact of lab-grown diamonds on the market share of natural diamonds.
Shifts in consumer preference towards sustainable and ethically sourced jewelry.
Economic factors influencing discretionary spending on luxury items like diamonds.