In 2023, the import of watch cases and parts to China stood at an estimated value of approximately 270 million USD. In 2024, the import value is forecasted to reach 278.43 million USD, marking a gradual increase in subsequent years to 310.52 million USD by 2028. Year-on-year percentage increases from 2024 to 2028 average around 2.8%, illustrating a steady growth pattern. The compound annual growth rate (CAGR) over these five years reflects sustained demand and market expansion.
Future trends to watch include potential impacts of advancements in smartwatches, evolving consumer preferences towards luxury goods, and trade policy changes which could significantly influence import dynamics and demand in this sector.
