The import of wristwatches with cases of precious metal to Germany is projected to decrease significantly from 2024 to 2028. The volume is set to decline from 841.71 kilograms in 2024 to 458.4 kilograms in 2028. This represents a consistent annual decrease, with year-on-year reductions of approximately 11.73% from 2024 to 2025, 13.03% from 2025 to 2026, 14.67% from 2026 to 2027, and 16.85% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years forecasts an average annual decline of 14.59%.
Looking ahead, trends to monitor include changes in consumer preferences towards technology-driven wearable devices or economic factors impacting luxury spending. Additionally, consider the influence of sustainable consumer behavior and trade policies that might affect the import dynamics of luxury goods.
