Forecast: Import of Parts of Watch Cases to Thailand

The import of parts of watch cases to Thailand stood at 47.5 million USD in 2023. Forecasts for the upcoming years indicate a steady increase. In 2024, the value is expected to rise to 49.394 million USD. This upward trend continues with projections of 51.429 million USD in 2025, climbing to 53.424 million USD in 2026, followed by 55.379 million USD in 2027, and reaching 57.295 million USD by 2028. The year-on-year growth rates are consistent, reflecting a stable demand for watch case parts in Thailand's market.

Future trends to watch for:

  • Technological advancements in watch manufacturing contributing to increased import needs.
  • Potential economic fluctuations impacting consumer spending on luxury goods.
  • Trade policies and agreements that may affect import tariffs and sourcing strategies.
  • Growing middle class and consumer purchasing power in Thailand driving demand.

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