The forecast for the import of complete and assembled clock movements to Switzerland indicates a consistent downward trend from 2024 to 2028. The year-on-year variations depict a decrease each year, with the imports dropping from 368.51 thousand USD in 2024 to 211.03 thousand USD by 2028. Notably, the imports in 2023 stood at a higher value, showing a clear declining pattern in the subsequent years. Over the last two years, the percentage decrease is accentuated, while the compound annual growth rate (CAGR) over the last five years reflects an average annual decline.
- 2024: 368.51 thousand USD
- 2025: 327.94 thousand USD
- 2026: 288.18 thousand USD
- 2027: 249.22 thousand USD
- 2028: 211.03 thousand USD
Future trends to watch for include advancements in digital clock technology and potential shifts in consumer preferences towards smart devices, which may further impact the traditional clock movement market. Additionally, economic factors and trade policies could influence import volumes, necessitating close monitoring of regulatory changes and global market conditions.