In 2023, the import of clock and watch dials to Japan stood at 28.8 million US Dollars. From 2024 onwards, the imports are forecasted to increase steadily. The year-on-year percentage variations show a consistent growth trajectory: 2025 (+3.12%), 2026 (+2.97%), 2027 (+2.81%), and 2028 (+2.69%). This consistent upward trend results in a compound annual growth rate (CAGR) of approximately 3% over the five-year period from 2024 to 2028.
Future trends to watch for include potential shifts in consumer preferences towards digital timepieces, which may impact the demand for traditional clock and watch dials. Additionally, advancements in manufacturing technology and changes in trade policies could also influence import volumes and values in the coming years.
