The import of battery-operated wrist-watches with base metal cases and mechanical displays to Japan is forecasted to decline from 1.851 million kilograms in 2024 to 1.630 million kilograms in 2028. This represents a consistent year-on-year decrease, averaging a CAGR of approximately -3% over the forecast period. As of 2023, the actual import volume was substantially higher, indicating a downward trend beginning from 2024.
Key future trends to watch for include:
- Changing preferences towards sustainable and eco-friendly products.
- Technological advancements in watch-making potentially affecting demand.
- Economic factors like currency fluctuations impacting import costs.
