In 2023, Thailand dominated the global export of mechanical pocket-watches with a base metal case, accounting for 68.37% of units. China followed at 10.79%, with the United Kingdom at 5.88% and Singapore at 3.25%. Notable year-on-year changes include Switzerland's 28.37% increase and Malta's 41.74% growth. However, China decreased by 10.1% and Russia by 38.28%. Over the last five years, Thailand and Croatia consistently expanded their shares, signaling robust market positions.
Looking ahead to 2024, potential growth is anticipated in emerging markets such as Singapore and Hungary, alongside increased diversification from current leaders like Thailand. Watch for technological advancements and niche market expansions influencing global distribution patterns.
Top countries in Export of Mechanical Pocket-Watch with a Base Metal Case Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 68.37 | 2023 | +1.89% | +2.04% | View data |
| 2 | 2 China | 10.79 | 2023 | -9.26% | -10.1% | View data |
| 3 | 3 United Kingdom | 5.88 | 2023 | +4.11% | +2.57% | View data |
| 4 | 4 Singapore | 3.25 | 2023 | -1.78% | +16.02% | View data |
| 5 | 5 Malaysia | 2.45 | 2023 | +1.75% | +3.24% | View data |
| 6 | 6 Philippines | 2.21 | 2023 | +6.78% | +0.91% | View data |
| 7 | 7 Italy | 1.84 | 2023 | -3.03% | -2.19% | View data |
| 8 | 8 United States | 1.63 | 2023 | +0.32% | +2.77% | View data |
| 9 | 9 India | 1.24 | 2023 | +0.94% | +0.018% | View data |
| 10 | 10 Netherlands | 0.23 | 2023 | -7.16% | -5.46% | View data |
