The forecasted data indicate a consistent decreasing trend in the import of complete movements of watches unassembled or partly assembled to Brazil from 2024 to 2028, starting at 3.4106 million USD and progressively declining to 2.7378 million USD. In 2023, actual imports were higher, which marks the beginning of a downward trajectory. Year-on-year fluctuations show a uniform decline ranging approximately between 4% to 5%. The compound annual growth rate (CAGR) reflects a steady negative average variation of -5% annually over the five-year forecast period.

Future trends to watch for include:

Changes in consumer preferences towards digital or smartwatches which might affect import volumes.
Potential shifts in global trade agreements affecting import costs and pricing structures.
Emergence of local manufacturing capabilities which could replace or reduce imports.