In 2023, the import of complete and assembled watch movements to Japan was recorded at a notable level. The forecast for the period from 2024 to 2028 indicates a gradual and steady increase, starting at 63.694 million USD in 2024 and rising to 63.902 million USD by 2028. The compound annual growth rate (CAGR) over these five years is minimal, reflecting stable import dynamics with slight year-on-year increments of approximately 0.08% to 0.09% annually.

Future trends to watch for include:

Potential impacts of technological innovations in the watch industry that might shift demand for mechanical versus digital movements.
Exchange rate fluctuations and trade policies that could influence import costs and volumes.
Consumer preferences for domestic vs. imported watch movements, considering evolving luxury and fashion trends.