In 2023, the re-import volume of watch straps and parts of leather or plastic to Italy was [value not provided]. From 2024 onwards, forecasts indicate a steady decline, with volumes decreasing from 64.09 Kg in 2024 to 52.83 Kg by 2028. This represents a year-on-year decline, confirming a shrinking trend.
The average annual change (CAGR) over the five-year forecast period is negative, highlighting consistently decreasing re-import activity.
Future trends to watch for:
- Impact of sustainability initiatives on demand for leather and plastic parts.
- Potential innovations in watch materials influencing import patterns.
- Economic conditions affecting consumer purchasing power and market preferences.