The import of hand-wound wrist-watches with base metal cases to China is forecasted to show a consistent upward trend from 2024 to 2028. Starting from 2024, the forecasted value is 13.69 thousand units, which shows a gradual increase to 14.37 thousand units by 2028. Prior to 2024, the actual import figures for 2023 were similar to the early forecast entries for 2024, signaling a steady demand in this segment.
Analyzing the trends, the year-on-year growth rate from 2024 to 2028 is projected to be minimal, reflecting a stable market without significant fluctuations. The compound annual growth rate (CAGR) over these forecasted years indicates a sustainable increase in imports, aligning with the global appreciation of classical timepieces and increased consumer interest in vintage-style watches.
Future trends to watch include technological integration in traditional wristwatches, shifts in consumer preferences towards luxury segments, and potential regulatory changes affecting import duties and tariffs in China. Monitoring these factors will be crucial for stakeholders aiming to capitalize on the projected growth in this niche market.
