The import of unworked or simply sawn industrial diamonds to China is set to experience consistent growth from 2024 to 2028, starting at 3.7 million USD in 2024 and projected to reach 4.2 million USD by 2028. The year-on-year growth shows an average increase of around 3% per annum over the forecast period, reflecting steady sustained interest in this resource. In 2023, the import was at 3.6 million USD, indicating a CAGR of approximately 2.9% from 2023 to 2028.
Future trends to watch for:
- Potential technology advancements that could alter demand for industrial diamonds.
- Developments in trade policies affecting China's import regulations.
- Shifts in the industrial diamond supply chain influencing import costs.
