The import of automatic wound wrist-watches with base metal cases into China is projected to grow steadily from 2024 to 2028. In 2023, the value stood at approximately $1.47 billion. The year-on-year growth from 2024 to 2025 is around 3.31%, and similar growth continues annually through to 2028. Over this five-year period, the Compound Annual Growth Rate (CAGR) is about 3.03%, indicating a stable upward trend in imports.
Future trends to watch for:
- Sustained interest in luxury and premium wrist-watches could drive these import increases.
- Potential economic shifts and evolving consumer preferences may impact these forecasts.
- Advancements and innovations in wearable technology might influence customer demand.
- Regulatory changes or tariff adjustments could also alter import dynamics.
