The global import of complete and assembled mechanical clock movements in 2023 was predominantly led by India, with a substantial margin over other nations. India showed a steady growth rate of 2.03% year-on-year. The United Kingdom experienced the most significant year-on-year increase at 4.22%, whereas Ecuador and Russia saw declines of 5.18% and 10.68% respectively.
Future trends to monitor include:
- Sustained import growth in technologically developing nations, potentially raising their market share.
- Fluctuations in demand within economically volatile regions, impacting global supply chains.
- Potential innovations in clock technology which may alter import dynamics.
Top countries in Import of Mechanical Clocks Movements Complete and Assembled by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 57,973,000 | 2023 | +2.99% | +2.03% | View data |
| 2 | 2 Thailand | 2,495,500 | 2023 | +4.45% | +1.07% | View data |
| 3 | 3 United Kingdom | 2,101,300 | 2023 | +0.52% | +4.22% | View data |
| 4 | 4 Bulgaria | 89,190 | 2023 | -0.23% | +15.58% | View data |
| 5 | 5 Colombia | 73,390 | 2023 | +3.52% | +1.8% | View data |
| 6 | 6 Ukraine | 65,890 | 2023 | +5.58% | +1.38% | View data |
| 7 | 7 Ecuador | 57,680 | 2023 | +0.12% | -5.18% | View data |
| 8 | 8 Mauritius | 37,710 | 2023 | +5.59% | +1.6% | View data |
| 9 | 9 Lithuania | 31,370 | 2023 | +6.68% | +0.79% | View data |
| 10 | 10 Russia | 29,830 | 2023 | -7.41% | -10.68% | View data |
