The global import share of clock or watch springs from the data shows Switzerland as the dominant importer, followed by the Philippines, France, and China. Recent trends highlight significant increases from Iceland and Ecuador. Conversely, Greece, Bosnia and Herzegovina, and Senegal faced substantial declines over the last year. The overall market appears dynamic, with varying growth rates across countries. While some European markets exhibit stability, the Asian market shows potential for continued growth.
Future trends to watch include potential shifts in supply chains due to technological advancements and economic policies impacting trade, alongside environmental concerns which may influence material sourcing and production methods.
Top countries in Import of Clock or Watch Spring Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 32.25 | 2023 | +4.6% | +6.89% | View data |
| 2 | 2 Philippines | 11.96 | 2023 | +5.86% | +6.5% | View data |
| 3 | 3 France | 11.89 | 2023 | +0.27% | +1.13% | View data |
| 4 | 4 China | 10.09 | 2023 | +3% | +5.05% | View data |
| 5 | 5 Germany | 7.85 | 2023 | +0.45% | -1.44% | View data |
| 6 | 6 Italy | 5.9 | 2023 | +4.16% | +5.83% | View data |
| 7 | 7 Japan | 5.79 | 2023 | +3.23% | +5.31% | View data |
| 8 | 8 Thailand | 5.43 | 2023 | +5.52% | +4.94% | View data |
| 9 | 9 United States | 4.96 | 2023 | +2.4% | +2.93% | View data |
| 10 | 10 United Kingdom | 1.83 | 2023 | +0.87% | -0.65% | View data |
