The forecast for the re-import of watches with cases of precious metal or metal clad with precious metal into Italy shows a steady increase from $361.58 thousand in 2024 to $409.91 thousand in 2028. This represents a compound annual growth rate (CAGR) of approximately 3.17% over the five-year period. Year-on-year, there is a consistent growth of around 3-4%.
Future trends to watch for include:
- Potential changes in consumer preferences towards luxury timepieces that could impact demand.
- Geopolitical and economic factors influencing international trade and currency exchange rates.
- Technological advancements in watch manufacturing and materials.
- Sustainability trends affecting the sourcing of precious metals.
