The forecast illustrates a progressive increase in the import of complete and assembled watch movements with automatic winding to the UK from 2024 to 2028. The year-on-year growth rates are approximately 3.8% from 2024 to 2025, 3.6% from 2025 to 2026, 3.4% from 2026 to 2027, and 3.2% from 2027 to 2028. The compound annual growth rate (CAGR) over the 5-year period is expected to be around 3.5%. As of 2023, the import value stood at $8.8806 million, indicating steady upward momentum over the forecast period.

Future trends to watch for include:

Potential impacts of trade policies post-Brexit influencing import dynamics.
Technological advancements in watch manufacturing affecting demand.
Shifts in consumer preferences towards smartwatches possibly altering the traditional watch market landscape.
Fluctuations in exchange rates possibly impacting the cost of imports.