EU - Watches - Market Analysis, Forecast, Size, Trends and Insights
Watch Market - Germany Maintains Strong Positions in EU Watch Production and Exports
EU watch production showed mixed dynamics from 2007 to 2014, falling from 1 974 thousand units in 2007 to 1 794 thousand units in 2014. It dropped with a CAGR of 1.4% in the period under review. In value terms, EU production on the watch market reached 378 million EUR in 2014, growing by 2.5% annually.
The countries with the largest production rates of watches in absolute volumes were Germany (306 thousand units), followed distantly by France (51 thousand units), Italy (10 thousand units) and Denmark (7 thousand units).
Positive dynamics in watch production among the main producing countries from 2007 to 2014 were recorded in Denmark (+5.3% per year), while for the other three EU leaders (Germany, France and Italy) the paces of growth were negative.
Germany dominated in EU watch production and trade. In 2014, Germany exported the lion's share of its total watch output. Of this amount, 10% was supplied to France, where Germany's watches held an 8% share of total France imports.
Do you want to know more about the EU watch market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- watch market share
- watch prices
- watch industry
- watch sales
- watch market forecast
- watch price forecast
- key watch producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the watch market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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