In 2024, the import value of hand-wound wrist-watches with a base metal case to France is forecasted at 109.74 million US dollars. This marks a continuation of positive growth, following the previous years' trends. Comparing the forecasted data, a steady year-on-year growth of approximately 2% is anticipated through to 2028, reflecting a stable increase in demand. From the period of 2024 to 2028, the compound annual growth rate (CAGR) is expected to remain around 2%, maintaining a consistent upward trajectory.
Future Trends to Watch:
- Potential shifts in consumer preferences towards vintage or mechanical watches could influence demand positively.
- Exchange rate fluctuations and trade regulations could impact import prices and the overall growth trend.
- Innovations in smartwatches may affect interest in traditional hand-wound watches, altering growth expectations.