In 2023, the import of mechanical pocket-watches with precious metal cases to the US was valued at 4.9 thousand. The forecast for the next five years indicates a steady decline, with values decreasing from 4.73 thousand in 2024 to 4.03 thousand by 2028.
Year-on-year analysis shows a consistent drop, with an average decrease of approximately 3.4% per year. The compound annual growth rate for this period is -3.7%, reflecting a trend of diminishing imports in this niche segment.
Future trends to watch for:
- Consumer preference shifts towards newer watch technologies.
- Fluctuations in precious metal prices impacting demand.
- Potential revival in vintage or luxury watch collecting boosting demand.
