The forecasted data for the import of complete movements of unassembled or partly assembled watches to Germany indicates a consistent downward trend from 2024 through 2028. Starting at 20.94 thousand units in 2024, it is expected to decrease to 17.32 thousand units by 2028. Compared to 2023, this reflects a notable decline, indicating waning demand or shifts in the market. The year-on-year percentage variations show persistent decreases, contributing to a negative CAGR over five years, suggesting a shrinking market or pressure from alternatives.
Future trends to watch for include emerging technologies or substitutes within the clock and watch industry, potentially impacting traditional import activities. Additionally, factors such as changes in consumer preferences, technological advancements, and economic shifts within and outside Germany might further influence market dynamics.
