The importation of complete watch movements, unassembled or partly assembled, into Brazil is forecasted to gradually decline from 2024 to 2028. Starting at 9.91 thousand kilograms in 2024, the volume is expected to decrease steadily each year, reaching 9.33 thousand kilograms by 2028. This represents a modest but consistent year-on-year decrease, reflecting an industry trend towards reduced import volumes in this category.
Future trends to watch include increased local production capabilities in Brazil and the impact of global supply chain adjustments. Additionally, technological advancements and market shifts towards smartwatches may influence traditional watch component imports.
