Canada - Watch Straps, Bands And Bracelets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Canada - Watch Straps, Bands And Bracelets - Market Analysis, Forecast, Size, Trends And Insights

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Bracelet Price in Canada - 2022

Contents:

  1. Bracelet Price in Canada (CIF) - 2022
  2. Bracelet Price in Canada (FOB) - 2022
  3. Bracelet Imports in Canada
  4. Bracelet Exports in Canada

Bracelet Price in Canada (CIF) - 2022

The average bracelet import price stood at $2 per unit in 2022, increasing by 2.2% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2019 an increase of 19% against the previous year. The import price peaked at $2.6 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2 per unit) and Austria ($2 per unit), while the price for Hong Kong SAR ($2 per unit) and South Korea ($2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.1%), while the prices for the other major suppliers experienced a decline.

Bracelet Price in Canada (FOB) - 2022

The average bracelet export price stood at $67 per unit in 2022, growing by 16% against the previous year. In general, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($79 per unit), while the average price for exports to Peru ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+72.2%), while the prices for the other major destinations experienced more modest paces of growth.

Bracelet Imports in Canada

In 2022, imports of watch straps, bands and bracelets into Canada reached 3.8M units, picking up by 10% against 2021 figures. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, bracelet imports rose significantly to $7.9M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Bracelet in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,4232,4092,8523,5871.6%
Switzerland7527342,0251,66630.4%
France45947371088624.5%
United States25512133246922.5%
Austria414190249308-9.4%
Italy2301762702462.3%
South Korea3.00.589.1164279.5%
Others4733244535273.7%
Total6,0094,4276,9807,8529.3%

Top Suppliers of Bracelet to Canada in 2022:

  1. China (1750.4K units)
  2. Switzerland (812.9K units)
  3. France (432.2K units)
  4. United States (229.0K units)
  5. Austria (150.1K units)
  6. Italy (120.1K units)
  7. South Korea (79.8K units)

Bracelet Exports in Canada

In 2022, approx. 9.1K units of watch straps, bands and bracelets were exported from Canada; waning by -25.4% compared with the previous year. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. Over the period under review, the exports reached the maximum at 20K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bracelet exports shrank to $613K in 2022. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, the exports attained the peak figure at $989K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bracelet in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States751479657571-8.7%
Switzerland27.94.86.114.1-20.3%
Japan3.44.97.97.731.3%
IsraelN/AN/AN/A6.50%
SingaporeN/A2.31.22.1-4.4%
PeruN/AN/A1.82.011.1%
Netherlands1224.421.71.5-76.9%
Austria19.0N/AN/AN/A0%
Swaziland17.3N/AN/AN/A0%
Others48.330.412.58.0-45.1%
Total989526708613-14.7%

Top Export Markets for Bracelet from Canada in 2022:

  1. United States (7.4K units)
  2. Israel (0.6K units)
  3. Singapore (0.2K units)
  4. Peru (0.2K units)
  5. Switzerland (0.2K units)
  6. Japan (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bracelet market in Canada. 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 2030.

Product coverage:

  • Prodcom 15121300 - Watch straps, bands, bracelets and parts thereof (including of leather, composition leather or plastic, excluding of precious metal, metal or base metal clad/plated with precious metal)

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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