Which Country Exports the Most Clocks in the World?

Watches And Clocks May 28, 2018

Blog Blog / Computer, Electronic And Optical Products / Watches And Clocks

Author: Anna Sergeeva

PositionMarket Analyst

Global clocks exports totaled 12K tonnes in 2016, approximately mirroring the previous year level. Overall, clocks exports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2011, an increase of 12% from the previous year level. Global clocks export peaked of 16K tonnes in 2012; however, from 2013 to 2016, it failed to regain its strength.

In value terms, clocks exports stood at $1.4B in 2016. The total export value increased at an average annual rate of +2.5% over the period from 2007 to 2016; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global clocks export peaked of $1.7B in 2013; however, from 2014 to 2016, it failed to regain its strength.

Top ClocksExporting Countries in the World

1. Germany (76.4 million USD)

2. France (31.1 million USD)

3. United Kingdom (22.8 million USD)

4. Netherlands (20.2 million USD)

5. Italy (17.6 million USD)

6. Poland (8.5 million USD)

7. Spain (7.5 million USD)

8. Czech Republic (7.1 million USD)

9. Sweden (6.1 million USD)

10. United Arab Emirates (5.9 million USD)

11. Austria (4.7 million USD)

12. Panama (2.2 million USD)

ClocksExports By Country

Germany (3K tonnes), and the Netherlands (2.1K tonnes) represented roughly 41% of total exports of clocks in 2016. United Arab Emirates (1.2K tonnes) held the second position in the ranking, followed by the UK (895 tonnes), Poland (757 tonnes), and France (655 tonnes). All these countries together held approx. 28% share of total exports. Czech Republic (508 tonnes), Panama (339 tonnes), Italy (310 tonnes), Austria (275 tonnes), Spain (274 tonnes), and Sweden (250 tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of clocks exports, among the main exporting countries, was attained by Czech Republic (+15.5% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($76M) remains the largest clocks supplier in the world, making up 5% of global exports. The second position in the ranking was occupied by France ($31M), with the share of 2% of global exports. It was followed by the UK, with the share of 2%.

From 2007 to 2016, the average annual growth rate of value of clocks exports in Germany plunged by -0.7%. The remaining exporting countries recorded the following average annual rates: France (+7.9% per year) and the UK (+1.8% per year).

ClocksExport Prices By Country

In 2016, the average export price for clocks amounted to $117 per kg, falling by -8.1% against the previous year. Overall, it indicated a strong growth from 2007 to 2016: the export price value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, clocks export price decreased by -10.5% against its level of 2013. The pace of growth appeared the most rapid in 2013, when export increased by 28% y-o-y. In that year, average clocks export price reached its maximum level of $131 per kg. From 2014 to 2016, growth of average clocks export price stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was Italy ($57 per kg), while United Arab Emirates ($5,017 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of clocks export prices was attained by Spain (+12.3% per year), while the other global leaders experienced more modest paces of growth.

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