As of 2024, the forecasted re-import of mechanical pocket-watches with a base metal case to China is valued at $113.96 thousand USD, with expected growth through 2028. This represents a consistent annual growth rate, with a year-on-year increase of approximately 1-1.5%. The value in 2023 was slightly lower, setting the stage for this upward trend. Over a five-year period, a compound annual growth rate (CAGR) of just over 1% is projected, indicating steady expansion in this niche market.
Future trends to watch for include:
- Increasing interest in vintage and collectible timepieces, potentially boosting demand.
- The impact of global economic conditions on luxury goods markets.
- Technological advancements in watchmaking that may influence re-import trends.
