In 2023, Turkey imported mechanical clock movements complete and assembled valued at 258 thousand dollars. The forecasted data indicate a gradual decline in import values from 256.28 thousand dollars in 2024 to 249.85 thousand dollars by 2028, demonstrating a consistent year-on-year decrease. Specifically, the import value is set to drop by approximately 0.65% annually on average over the next five years. The year-on-year variations showcase a steady decrease as follows:
• 2024: -0.66%
• 2025: -0.65%
• 2026: -0.63%
• 2027: -0.63%
• 2028: -0.62%
Future trends to watch for include changes in consumer preferences towards digital and smart clocks, which could further reduce the demand for traditional mechanical clock movements. Additionally, fluctuations in global trade policies and currency exchange rates could impact the import volume and values.
