The import of clocks, watches, and parts thereof to Spain was valued at 816.50 million US dollars in 2023. The forecasted values for 2024 to 2028 show a steady increase, growing from 817.63 million to 821.95 million US dollars. The year-on-year variation percentages over the last two years (2024 and 2025) are 0.14% and 0.13%, respectively. The compound annual growth rate (CAGR) calculated from 2023 to 2028 averages at approximately 0.13% per annum.

Future trends to watch for:

Technological advancements in smartwatches and wearable technology, which could further elevate the import volumes and values.
Potential impacts of economic fluctuations and consumer spending behavior on luxury watch imports.
Trade agreements and policy changes within the European Union that may affect import tariffs and regulations.