Which Country Imports the Most Watch Straps, Watch Bands, Watch Bracelets and Parts Thereof in the World?

In 2016, the global imports of watch straps, watch bands, watch bracelets and parts thereof totaled X tonnes, declining by -X% against the previous year level. Overall, watch straps, watch bands, watch bracelets and parts thereof imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, an increase of X% against the previous year level. Global watch straps, watch bands, watch bracelets and parts thereof import peaked of X tonnes in 2015, falling back in the following year.

In value terms, watch straps, watch bands, watch bracelets and parts thereof imports totaled $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, global watch straps, watch bands, watch bracelets and parts thereof imports attained its maximum level of $X in 2015, falling back in the following year.

Top Watch Straps, Watch Bands, Watch Bracelets And Parts Thereof Importing Countries in the World

X. Switzerland (X million USD)

X. China, Hong Kong SAR (X million USD)

X. China (X million USD)

X. Brazil (X million USD)

X. India (X million USD)

Watch Straps, Watch Bands, Watch Bracelets And Parts Thereof Imports By Country

China (X tonnes) was the key importer of watch straps, watch bands, watch bracelets and parts thereof in the world, reaching X tonnes, which was approx. X% of total imports in 2016. It was distantly followed by China, Hong Kong SAR (X tonnes), and India (X tonnes), together making up X% share of total watch straps, watch bands, watch bracelets and parts thereof imports. Switzerland (X tonnes), and Brazil (X tonnes) followed a long way behind this figure.

China experienced a relatively flat trend pattern. At the same time, India (+X%), and Brazil (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. By contrast, Switzerland (-X%), and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) increased significantly, the share of India (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Switzerland ($X) constitutes the largest market for imported watch straps, watch bands, watch bracelets and parts thereof worldwide, making up X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with the share of X% of global imports. It was followed by China, with the share of X%.

In Switzerland, watch straps, watch bands, watch bracelets and parts thereof imports stood at an average annual rate of +X% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: China, Hong Kong SAR (+X% per year) and China (+X% per year).

Watch Straps, Watch Bands, Watch Bracelets And Parts Thereof Import Prices By Country

The average watch straps, watch bands, watch bracelets and parts thereof import price stood at $X per kg in 2016, falling by -X% against the previous year. Overall, it indicated a strong growth from 2007 to 2016: the import price value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, watch straps, watch bands, watch bracelets and parts thereof import price decreased by -X% against its level of 2014. The pace of growth appeared the most rapid in 2011, when import increased by X% against the previous year level. Global watch straps, watch bands, watch bracelets and parts thereof import peaked of $X per kg in 2014; however, from 2015 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Switzerland ($X per kg), while India ($X per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of watch straps, watch bands, watch bracelets and parts thereof import prices was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform