The import of watch straps and parts of precious metal, or metal clad with precious metal to Germany, is forecasted to grow steadily from 1.8 thousand kilograms in 2024 to 2.12 thousand kilograms by 2028. Comparing the 2028 value to an approximate forecasted 2023 baseline, this represents an annual compound growth rate (CAGR) of 4.13% over five years. Year-on-year growth is consistently at 4.44%, showcasing a stable upward trend.
Future trends to watch for include:
- Impact of changes in global precious metal prices on import volumes and value.
- Technological advancements that could affect material usage or demand.
- Shifts in consumer preferences towards non-metal or sustainable alternatives.
