The import of watches with cases of base metal or clad with base metal to Canada is projected to increase steadily from 2024 to 2028, growing at a compound annual growth rate (CAGR) of approximately 1.6%. In 2023, the value stood at around $323.9 million USD. The year-on-year growth from 2024 to 2025 is forecasted at 1.8%, with similar incremental growth continuing through 2028, reflecting stable market demand.

Future trends to watch for:

Advancements in smart watch technologies could impact demand, shifting preferences towards tech-enhanced models.
Global economic conditions and exchange rates might influence import levels and pricing strategies.
Consumer trends towards sustainable and eco-friendly products may alter material preferences, affecting base metal watch imports.