The forecast for the import of parts of watch cases to India indicates a significant decrease from 2024 to 2028. Beginning at 68.81 thousand kilograms in 2024, the imports are expected to decrease yearly, reaching only 4.02 thousand kilograms by 2028. This trend reflects an anticipated year-on-year decline over these five years, suggesting a substantial shift in import dynamics.
Future trends to watch for:
- A possible shift in demand for watch parts could be driven by changes in consumer preferences or technological advancements.
- Strengthening of local manufacturing capacities might contribute to reduced import dependence.
- Policy changes in trade regulations or tariffs could impact future import figures.