World - Watches - Market Analysis, Forecast, Size, Trends and Insights
Watch Market - Switzerland Remains the Undisputed Leader in Global Exports of Watches, with $22.9B
Switzerland continued its dominance in of the global watch trade. Its biggest trading partner was Hong Kong, where, in 2014 it supplied X% of its total exports on the watch market into the Asian country, accounting for X% of Hong Kong's total imports.
The global watch trade reached X billion USD, with a CAGR of X% from 2007 to 2014. In physical terms, however, dropped sharply from X thousand tonnes in 2007 to X thousand tonnes in 2014.
In 2014, Hong Kong (X%), the U.S. (X%), France (X%), Japan (X%) and Germany (X%) were the leading destinations of watch imports, together making up X% of global imports. In terms of destination market share, the share of Hong Kong increased significantly (+X% per year), while the share of the U.S. illustrated negative dynamics.
Switzerland and Hong Kong were the main global suppliers of watches in 2014 with a combined share of X% of global exports. However, the fastest growing exporters from 2007 to 2014 were France (+X% per year) and the United Kingdom (+X% per year). Switzerland significantly strengthened its position in the global exports structure, from X% in 2007 to X% in 2014.
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- watch market share
- watch prices
- watch industry
- watch sales
- watch market forecast
- watch price forecast
- key watch producers
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