In 2023, the re-import of watches with a case of base metal or metal clad with base metal to France was valued at a noteworthy figure. The forecasted data from 2024 to 2028 suggests a gradual decline in value. Specifically, from 2024 to 2025, there's a slight decrease of 2.04%, with subsequent years maintaining a consistent downtrend: a 2.05% decline until 2026, 2.05% through to 2027, and a further 2.05% reduction to 2028. The compound annual growth rate (CAGR) over these years is projected at -2.05%.
Looking ahead, key trends to monitor include global economic conditions impacting luxury goods, shifts in consumer preferences towards sustainable materials, and advancements in wearable technology which may influence traditional watch demand. Strategic adaptations to such trends could be pivotal for sustained growth.
