In 2023, the re-import of watches with precious metal cases to China was valued at approximately 126.3 thousand US dollars. Forecasts indicate steady growth from 2024, with a projected increase to 151.97 thousand US dollars by 2028.
Notably, projected year-on-year growth rates are as follows:
- 2024 to 2025: 4.02%
- 2025 to 2026: 3.77%
- 2026 to 2027: 3.58%
- 2027 to 2028: 3.38%
Across this five-year period, the compound annual growth rate (CAGR) is predicted to be approximately 3.68%.
Future trends to watch include potential shifts in consumer preferences towards luxury or sustainable products and any changes in global trade policies or economic conditions that could impact import dynamics.