In 2023, the import value of battery-operated wrist-watches with base metal cases and opto-electronic displays to Japan stood at an estimated 6.407 million. The forecast for 2024 indicates a decrease to 6.175 million, suggesting a 3.6% decline. The trend continues with projections of 5.939 million in 2025, 5.7077 million in 2026, 5.4811 million in 2027, and 5.259 million in 2028. This reflects average annual decreases around 3.8% over the five years.
Future trends to watch for include:
- Technological advancements in wrist-watches impacting import demand
- Shifts in consumer preferences towards smart-watches or other wearable technology
- Potential economic factors affecting purchasing power in Japan