The import of complete movements of watches, either unassembled or partly assembled, to Italy is projected to gradually increase from 2024 to 2028. Starting at 192.47 thousand (assumed value) in 2024, the forecast shows an incremental annual growth, reaching 199.21 thousand by 2028. This steady rise indicates a modest compound annual growth rate over this period. Unfortunately, data for 2023 is not available for reference.
Future trends to watch for include:
- Global economic impacts on the luxury goods market.
- Changes in consumer preferences towards traditional or smartwatches.
- Potential trade regulations affecting import costs.
- Technological advancements affecting assembly processes and costs.
