The import of automatic wound wrist-watches with base metal cases to the US is projected to grow from 2024 to 2028, increasing from 1.72 to 1.91 billion USD. In 2023, actual imports stood at a lower base, indicating a steady upward trend over the next five years.
This forecast demonstrates an average annual growth rate (CAGR) due to increasing consumer interest and demand for wrist-watches. Notably, the year-on-year percentage growth is consistent, reflecting a healthy market expansion.
Future trends to watch include technological advancements, shifts in consumer preferences towards smart accessories, and potential trade policies that could affect import volumes and values.
