The forecast for the import of hand-wound wrist-watches with a base metal case to the US shows a declining trend from 2024 to 2028. Starting at 921.9 thousand units in 2024, the imports are expected to decrease annually, reaching 588.77 thousand units by 2028. The year-on-year percentage changes indicate consistent declines, evidencing a shift in consumer preference or market dynamics.
In terms of the Compound Annual Growth Rate (CAGR) from 2024 to 2028, the import volume is anticipated to decrease at an average rate per year, underlining a continuous decrease over the five-year period.
Future trends to watch include the potential impact of technological advancements in wrist-watches, increasing competition from smartwatches, and changing consumer preferences towards more high-tech or eco-friendly options. Economic factors, such as trade policies and currency fluctuations, might also influence import volumes.
