The imports of complete movements of watches unassembled or partly assembled to Germany are projected to increase steadily, with the quantity rising from 1.3 thousand kilograms in 2024 to 1.52 thousand kilograms in 2028. Compared to 2023, these figures represent forecasted future growth, demonstrating an average annual growth rate (CAGR) of approximately 4% over the five-year period. This growth aligns with a consistent year-on-year increase, indicative of a strengthening market demand.
Future trends to monitor include:
- The impact of technological advancements on watch components and assembly.
- Shifts in consumer preferences towards smart watches or traditional timepieces.
- Potential changes in trade regulations or tariffs impacting import dynamics.
