In 2023, the import of mechanical pocket-watches with a base metal case to Germany stood close to the forecasted 5.76 thousand kilograms set for 2024. The data indicates a slight year-on-year decrease: 3.82% in 2025, 4.15% in 2026, 3.96% in 2027, and 4.31% in 2028. Over this five-year period, the compound annual growth rate (CAGR) demonstrates a gradual decline in imports.
Future trends to watch for:
- Shifts in consumer preference towards digital or smart watches might further impact imports negatively.
- Exchange rate fluctuations and trade policies could alter import volumes significantly.
- Emergence of sustainable and eco-friendly materials in watch manufacturing could influence market dynamics.