In 2023, the import value of watch or clock movements, complete and unassembled, to Indonesia stood at 693.00 thousand US Dollars. From 2024 onwards, the forecasted data shows a steady increase: $698.29K in 2024, $702.98K in 2025, $707.58K in 2026, $712.09K in 2027, and $716.51K in 2028.
The year-on-year percentage variations are as follows:
- 2024: 0.76%
- 2025: 0.67%
- 2026: 0.65%
- 2027: 0.64%
- 2028: 0.62%
The five-year Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 0.67%, indicating a gradual yet consistent increase in imports over time.
Future trends to watch for include potential shifts due to technological advancements in timekeeping instruments, changes in consumer preferences, and possible impacts from trade policies or economic conditions globally and within Indonesia. Monitoring these factors will be essential for anticipating further market developments.
