As of 2023, Germany's import of battery-operated wrist-watches with base metal cases and mechanical displays stood at 28.2 million units. The forecasted data from 2024 to 2028 indicates a steady decline, with import values decreasing from 27.359 million in 2024 to 24.376 million in 2028. This represents a year-on-year decline, with a compounded annual growth rate (CAGR) of approximately -2.8% over the five-year period.
Future trends to watch for include:
- Technological advancements potentially shifting consumer preference to smartwatches, impacting traditional watch imports.
- Sustainability and durability factors influencing material choices and design considerations in the wrist-watch market.
- Global economic conditions and trade regulations impacting the import landscape and supply chain dynamics.