Which Country Imports the Most Watches in the World?

Watches And Clocks May 28, 2018
World - Watches - Market Analysis, Forecast, Size, Trends and Insights

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IndexBox has just published a new report "World: Watches - Market Report. Analysis and Forecast to X". Here is a summary of the report's key findings.

Global watch imports stood at X tonnes in 2016, jumping by X% against the previous year figure. In general, watch imports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2016, an increase of X% y-o-y. Global watch import peaked of X tonnes in 2007- however, from 2008 to 2016, it failed to regain its strength.

In value terms, watch imports amounted to $X in 2016. Overall, watch imports continue to indicate a prominent expansion. Over the period under review, global watch imports reached its maximum level in 2016, and are likely to continue its growth in the immediate term.

Top Watch Importing Countries in the World

X. United Arab Emirates (X million USD)

X. South Korea (X million USD)

X. Australia (X million USD)

X. Spain (X million USD)

X. Panama (X million USD)

X. Ecuador (X million USD)

X. Venezuela (X million USD)

X. Indonesia (X million USD)

X. Belize (X million USD)

X. Mali (X million USD)

X. Uganda (X million USD)

X. Togo (X million USD)

Watch Imports By Country

In 2016, Venezuela (X tonnes), distantly followed by Indonesia (X tonnes), Spain (X tonnes), and Ecuador (X tonnes) represented the major importers of watch, together comprising X% of total imports. Mali (X tonnes), Panama (X tonnes), Belize (X tonnes), United Arab Emirates (X tonnes), Uganda (X tonnes), South Korea (X tonnes), Australia (X tonnes), and Togo (X tonnes) held the mild share of total imports.

From 2007 to 2016, the most notable growth rate of watch imports, among the main importing countries, was attained by Belize (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, United Arab Emirates ($X) constitutes the largest market for imported watch worldwide, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with the share of X% of global imports. It was followed by Australia, with the share of X%.

From 2007 to 2016, the average annual growth rate of value of watch imports in United Arab Emirates expanded at +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Australia (+X% per year).

Watch Import Prices By Country

The average watch import price stood at $X per kg in 2016, going down by -X% against the previous year. Overall, watch import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2009, when import increased by X% y-o-y. Over the period under review, average watch import price reached its maximum level of $X per kg in 2012- however, from 2013 to 2016, it stood at a somewhat lower level.

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

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

Do you want to know more about global 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 import
  • watch export
  • watch market forecast
  • watch price forecast
  • key watch producers

All data provided in this article covers the following product: HS Code X - Wrist-watches, pocket-watches, stop-watches and other watches- with case of precious metal or of metal clad with precious metal.

Source: World: Watches - Market Report. Analysis and Forecast to X

Product coverage: wrist-watches, pocket-watches and other watches, including stop-watches.

This report provides an in-depth analysis of the global watch market. 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.

Country coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.

Data coverage:
• Market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Production, split by region and country;
• Trade (exports and imports);
• Export and import prices;
• Market trends, drivers and restraints;
• Key market players and their profiles.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues

1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY AND AI PLATFORM
1.3 DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4 GLOSSARY AND SPECIFIC TERMS

2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1 KEY FINDINGS
2.2 MARKET TRENDS

3. MARKET OVERVIEW
Understanding the Current State of The Market And Its Prospects
3.1 MARKET SIZE
3.2 CONSUMPTION BY COUNTRY
3.3 MARKET FORECAST TO 2025

4. MOST PROMISING PRODUCTS
Finding New Products to Diversify Your Business
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
4.1 TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2 BEST-SELLING PRODUCTS
4.3 MOST CONSUMED PRODUCT
4.4 MOST TRADED PRODUCT
4.5 MOST PROFITABLE PRODUCT FOR EXPORT

5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
5.1 TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2 TOP PRODUCING COUNTRIES
5.3 TOP EXPORTING COUNTRIES
5.4 LOW-COST EXPORTING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
6.1 TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2 TOP CONSUMING MARKETS
6.3 UNSATURATED MARKETS
6.4 TOP IMPORTING MARKETS
6.5 MOST PROFITABLE MARKETS

7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
7.1 PRODUCTION VOLUME AND VALUE
7.2 PRODUCTION BY COUNTRY

8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
8.1 IMPORTS FROM 2007–2017
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY

9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
9.1 EXPORTS FROM 2007–2017
9.2 EXPORTS BY COUNTRY
9.3 EXPORT PRICES BY COUNTRY

10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION

11. COUNTRY PROFILES
The Largest Markets And Their Profiles
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam

LIST OF TABLES
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007–2017
Table 3: Market Value, 2007–2017
Table 4: Per Capita Consumption, By Country, 2015-2017
Table 5: Production, In Physical Terms, By Country, 2007–2017
Table 6: Imports, In Physical Terms, By Country, 2007–2017
Table 7: Imports, In Value Terms, By Country, 2007–2017
Table 8: Import Prices, By Country Of Destination, 2007–2017
Table 9: Exports, In Physical Terms, By Country, 2007–2017
Table 10: Exports, In Value Terms, By Country, 2007–2017
Table 11: Export Prices, By Country Of Origin, 2007–2017

LIST OF FIGURES
Figure 1: Market Volume, In Physical Terms, 2007–2017
Figure 2: Market Value, 2007–2017
Figure 3: Consumption, By Country, 2017
Figure 4: Market Forecast To 2025
Figure 5: Products: Market Size And Growth, By Type
Figure 6: Products: Average Per Capita Consumption, By Type
Figure 7: Products: Exports And Growth, By Type
Figure 8: Products: Export Prices And Growth, By Type
Figure 9: Production Volume And Growth
Figure 10: Exports And Growth
Figure 11: Export Prices And Growth
Figure 12: Market Size And Growth
Figure 13: Per Capita Consumption
Figure 14: Imports And Growth
Figure 15: Import Prices
Figure 16: Production, In Physical Terms, 2007–2017
Figure 17: Production, In Value Terms, 2007–2017
Figure 18: Production, By Country, 2017
Figure 19: Production, In Physical Terms, By Country, 2007–2017
Figure 20: Imports, In Physical Terms, 2007–2017
Figure 21: Imports, In Value Terms, 2007–2017
Figure 22: Imports, In Physical Terms, By Country, 2017
Figure 23: Imports, In Physical Terms, By Country, 2007–2017
Figure 24: Imports, In Value Terms, By Country, 2007–2017
Figure 25: Import Prices, By Country, 2007–2017
Figure 26: Exports, In Physical Terms, 2007–2017
Figure 27: Exports, In Value Terms, 2007–2017
Figure 28: Exports, In Physical Terms, By Country, 2017
Figure 29: Exports, In Physical Terms, By Country, 2007–2017
Figure 30: Exports, In Value Terms, By Country, 2007–2017
Figure 31: Export Prices, 2007–2017