The import of rough movements of watches to France is forecasted to show steady growth from 2024 to 2028, with the volume increasing from 153.9 kilograms in 2024 to 165.1 kilograms by 2028. The year-on-year percentage increase remains consistent, reflecting a stable rise in demand or adjustments in sourcing strategies. However, the growth rate slightly tapers as the five-year compound annual growth rate indicates around 1.8% annual increase from 2024. In 2023, the volume stood at 151.2 kilograms.
Future trends to watch for in this market include:
- Potential impacts of economic conditions on luxury goods consumption.
- Technological advancements affecting the demand for traditional mechanical movements.
- Shifts in global trade policies that could influence import dynamics.
- Environmental regulations impacting materials used in watch movements.