The forecast for the import of automatic wound wrist-watches with base metal cases to Canada shows a gradual increase from 2024 to 2028. Starting at 181.24 million USD in 2024, the import value is expected to reach 208.33 million USD by 2028. Compared to previous years, this represents a consistent year-on-year growth, highlighting a positive trend in the market. The compound annual growth rate (CAGR) over these five years indicates an average annual increase.

Future trends to watch for:

Impact of new materials or technologies in watchmaking on consumer preferences.
Changing consumer behavior towards luxury and non-traditional wristwear amidst economic conditions.
Exchange rate fluctuations’ effects on import costs and pricing strategies.