In 2023, Japan's import of assembled battery watch movements with opto-electric displays was recorded at 83.9 thousand units. The forecasted data predict a positive trend with a consistent year-on-year increase: 3.2% in 2024, 3.2% in 2025, 3.0% in 2026, 2.9% in 2027, and 2.7% by 2028. Over the six-year period from 2023 to 2028, the compound annual growth rate (CAGR) is projected at approximately 2.9%, indicating a steady rise in imports.
Future trends to watch include potential technological advancements in watch movements and displays, which could spur changes in demand. Additionally, shifts in consumer preferences towards smart features and sustainability might impact the import dynamics in Japan.
