The import of watch movements, complete and assembled, to the US is anticipated to grow steadily from 2024 to 2028, with values projected to increase from $33.664 million in 2024 to $36.382 million in 2028. This represents a consistent year-on-year growth rate. While specific actual data for 2023 is not provided, this positive forecast suggests resilience and an enduring market demand in the upcoming years.
Future trends to watch for include:
- Technological advancements in watch movements impacting demand.
- Economic factors affecting consumer spending in the luxury goods sector.
- Trade policies and their potential to influence import volumes and costs.