The forecast for the import of watch cases of base metal including gold- or silver-plated to Canada shows a significant decline from 2024 to 2028. Starting at $77.62 thousand in 2024, the forecasted imports will reduce by over half by 2025, continue to drop substantially, reaching just $3.54 thousand by 2028. This suggests a downward trajectory with considerable shrinkage each year.
Future trends to watch for:
- Potential changes in consumer preferences towards digital or hybrid watches, potentially reducing demand for traditional watch cases.
- The impact of economic factors such as tariffs and trade policies that could affect import levels and pricing.
- Technological advances or innovations in watch production that may influence imports of case materials.