U.S. - Watch Straps, Bands And Bracelets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBracelet Price in the United States - 2023
Contents:
- Bracelet Price in the United States (CIF) - 2022
- Bracelet Price in the United States (FOB) - 2023
- Bracelet Imports in the United States
- Bracelet Exports in the United States
Bracelet Price in the United States (CIF) - 2022
The average bracelet import price stood at $6.2 per unit in 2022, picking up by 79% against the previous year. In general, import price indicated a prominent increase from 2020 to 2022: its price increased at an average annual rate of +5.2% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($11 per unit), while the price for Austria ($1.8 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+24.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Bracelet Price in the United States (FOB) - 2023
The average bracelet export price stood at $44.5 per unit in September 2023, shrinking by -9% against the previous month. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in January 2023 an increase of 90% month-to-month. As a result, the export price attained the peak level of $80.6 per unit. From February 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Canada ($119 per unit), while the average price for exports to the Netherlands ($7.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bracelet Imports in the United States
After three years of growth, purchases abroad of watch straps, bands and bracelets decreased by -40.7% to 29M units in 2022. Overall, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 140%. As a result, imports reached the peak of 49M units, and then shrank sharply in the following year.
In value terms, bracelet imports stood at $180M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +61.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Bracelet in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | 84.6 | 125 | 124 | 21.1% | |
France | 12.7 | 21.4 | 31.9 | 58.5% | |
Switzerland | 9.8 | 11.4 | 13.1 | 15.6% | |
Vietnam | 0.7 | 2.0 | 1.7 | 55.8% | |
Austria | 0.7 | 0.8 | 0.9 | 13.4% | |
Others | 6.1 | 8.9 | 8.9 | 20.8% | |
Total | 114 | 170 | 180 | 25.7% |
Top Suppliers of Bracelet to the United States in 2022:
- China (23.4M units)
- France (2.8M units)
- Switzerland (1.1M units)
- Austria (0.5M units)
- Vietnam (0.4M units)
Bracelet Exports in the United States
In 2022, approx. 550K units of watch straps, bands and bracelets were exported from the United States; rising by 28% on the previous year's figure. The total export volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bracelet exports soared to $15M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Bracelet in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 1,716 | 1,750 | 2,044 | 2,780 | 17.4% |
Canada | 2,103 | 1,340 | 2,301 | 2,518 | 6.2% |
Switzerland | 626 | 496 | 467 | 1,933 | 45.6% |
Saint Maarten (Dutch part) | 1,212 | 169 | 91.3 | 959 | -7.5% |
Hong Kong SAR | 682 | 710 | 450 | 405 | -15.9% |
Netherlands | 228 | 185 | 345 | 369 | 17.4% |
China | 196 | 816 | 239 | 352 | 21.6% |
Bahamas | 656 | 277 | 39.0 | 330 | -20.5% |
United Kingdom | 132 | 182 | 213 | 264 | 26.0% |
Cayman Islands | 183 | 85.8 | 18.4 | 256 | 11.8% |
Honduras | 331 | 137 | 16.4 | 174 | -19.3% |
France | 268 | 348 | 229 | 130 | -21.4% |
Paraguay | 540 | 219 | 272 | 14.8 | -69.8% |
Others | 3,873 | 5,888 | 3,874 | 4,262 | 3.2% |
Total | 12,745 | 12,603 | 10,601 | 14,749 | 5.0% |
Top Export Markets for Bracelet from the United States in 2022:
- Switzerland (171.1K units)
- Mexico (77.4K units)
- Canada (42.7K units)
- Netherlands (26.7K units)
- Bahamas (24.8K units)
- Cayman Islands (15.7K units)
- Hong Kong SAR (14.9K units)
- France (12.3K units)
- China (11.3K units)
- Honduras (10.3K units)
- United Kingdom (9.4K units)
- Saint Maarten (Dutch part) (7.4K units)
- Paraguay (0.7K units)
This report provides an in-depth analysis of the bracelet market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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