In 2023, the import of clock or watch dials to Brazil was approximately 63 thousand kilograms. The forecast for the period from 2024 to 2028 shows a steady increase, reaching 72.12 thousand kilograms by 2028. Over the years 2024 to 2028, the year-on-year growth rates are consistent, averaging about 2.5% annually. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be around 2.5%, reflecting a stable upward trend in import volume.
Future trends to watch for include potential changes in consumer preferences towards smartwatches potentially impacting traditional watch dial imports and fluctuations in global trade policies that could affect Brazil's import dynamics. Additionally, technological advancements in watch manufacturing could influence import requirements and volumes.
