In 2023, the import of wristwatches with cases of precious metal or metal clad with precious metal to the UK stood at approximately 298.55 thousand units. The forecast from 2024 to 2028 indicates a steady year-on-year increase in import values, beginning at 314.76 thousand for 2024 and reaching 364.34 thousand by 2028. This represents a consistent average annual growth rate (CAGR) over this period, suggesting a positive trend for the market.

Future trends to watch for include:

The impact of economic fluctuations on luxury goods consumption.
Changes in consumer preferences toward sustainable and ethically sourced materials.
Technological advancements in smartwatches potentially affecting demand.
Exchange rate volatility impacting import costs.