In 2024, the forecasted re-import of battery-operated wristwatches with cases made of precious metal to the UK is 430.3 kilograms. By 2028, this is expected to grow to 469.69 kilograms, indicating a consistent upward trend. The year-on-year growth from 2024 to 2025 is approximately 2.36%, and from 2025 to 2026, it is 2.26%. The long-term CAGR over the five-year period suggests an average annual growth rate of around 2.20%.
Future trends to watch for include:
- Changes in UK trade policies impacting luxury watch imports.
- Fluctuations in global demand for luxury goods, potentially influencing re-imports.
- Technological advancements in battery-operated watches affecting market dynamics.