In 2023, the import value of rough clock movements, unassembled or partly assembled, to Switzerland stood at 1.2000 million US dollars. For the year 2024, the import value is forecasted to be 1.2304 million US dollars, indicating a year-on-year increase of 2.5% compared to 2023. The trend continues with an increase to 1.2607 million US dollars in 2025, reflecting a 2.46% rise from 2024. By 2026, the forecasted value reaches 1.2904 million US dollars, growing by 2.35% from the previous year. This upward trajectory persists, with values estimated at 1.3195 million US dollars in 2027 and 1.348 million US dollars in 2028, showing annual increases of 2.25% and 2.16%, respectively.
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 2.35%, indicating a steady but modest growth in the import of rough clock movements to Switzerland.
Future trends to watch for include:
- Technological advancements in clock manufacturing impacting import volumes.
- Changes in global trade policies affecting international supply chains.
- Shifts in consumer demand and preferences for timekeeping products.
