Which Country Exports the Most Clocks in the World?

Watches And Clocks May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the global clock exports stood at 1.2K tonnes, going down by -5.9% against the previous year figure. In general, clock exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2015, when export increased by 9% y-o-y. Global clock export peaked of 1.7K tonnes in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, clock exports amounted to $69M in 2016. In general, clock exports continue to indicate a deep reduction. Over the period under review, global clock exports reached its maximum level of $131M in 2009; however, from 2010 to 2016, it stood at a somewhat lower level.

Top Clock Exporting Countries in the World

1. United Kingdom (6.9 million USD)

2. France (6.3 million USD)

3. Panama (1.4 million USD)

4. Spain (1.1 million USD)

5. Netherlands (1.0 million USD)

6. Czech Republic (0.7 million USD)

7. Luxembourg (0.3 million USD)

8. Slovenia (0.3 million USD)

9. Turkey (0.3 million USD)

10. Greece (0.1 million USD)

11. Netherlands Antilles (former) (0.1 million USD)

12. Malawi (0.0 million USD)

Clock Exports By Country

In 2016, Malawi (259 tonnes), Netherlands Antilles (former) (200 tonnes), and Panama (155 tonnes) represented the main exporters of clock in the world, achieving 53% of total export. Spain (87 tonnes) ranks second globally in clock exports with a 7% share, following the Netherlands (6%), the UK (5%), and Turkey (5%). Luxembourg (31 tonnes), Greece (31 tonnes), Slovenia (24 tonnes), France (20 tonnes), and Czech Republic (20 tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of clock exports, among the main exporting countries, was attained by Luxembourg (+36.0% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest clock markets worldwide were the UK ($6.9M), France ($6.3M) and Panama ($1.4M), with a combined 21% share of global exports.Spain, the Netherlands, Czech Republic, Luxembourg, Slovenia, Turkey, Greece, Netherlands Antilles (former) and Malawi lagged somewhat behind, together accounting for a further 6%.

Luxembourg (+11.9% per year) had the highest growth rate of clock exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Clock Export Prices By Country

In 2016, the average export price for clock amounted to $60 per kg, picking up by 11% against the previous year. Overall, clock export price continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2009, when export increased by 47% from the previous year level. In that year, average clock export price attained its maximum level of $104 per kg. From 2010 to 2016, growth of average clock export price stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was France ($314 per kg), while Malawi ($1 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of clock export prices was attained by Slovenia (+23.4% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global clock market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • clock market share
  • clock prices
  • clock industry
  • clock sales
  • clock import
  • clock export
  • clock market forecast
  • clock price forecast
  • key clock producers

All data provided in this article covers the following product: HS Code 9103 - Clocks; with watch movements, excluding clocks of heading no. 9104.

Source: World: Clocks - Market Report. Analysis and Forecast to 2025