In 2023, the re-import value of clocks, watches, and parts thereof to China was approximately $923 million. The forecasted figures for 2024 to 2028 show a steady annual growth, starting at $951.08 million in 2024 and reaching $1061.2 million in 2028. This denotes a Compound Annual Growth Rate (CAGR) of roughly 3% over this period. Year-on-year, the forecast predicts an approximate 2.98% increase from 2024 to 2025 and a similar rise through subsequent years, demonstrating consistent growth in this sector.

Trends to watch for:

Potential impact of technological advancements in smartwatches and their components on traditional watch imports.
Changes in consumer preferences and luxury branding that could influence re-import growth rates.
Evolving trade policies and tariffs between China and exporting countries could affect import dynamics.
Sustainability trends, where increased demand for eco-friendly watch materials might shift import focuses.