The import of clock or watch plates and bridges to China is projected to decline gradually from 2024 to 2028. In 2023, the import volume stood at a higher level compared to the forecasted data for 2024, with a decrease of approximately 1.7% each subsequent year until 2028. The compound annual growth rate (CAGR) for this period is negative, indicating a steady downtrend.
Future trends to watch for include potential impacts from advancements in digital timekeeping technologies and changes in consumer preferences. Additionally, shifts in trade policies or economic conditions could further influence these import trends. Blockages in global supply chains or manufacturing innovations could also affect future imports.
