The Netherlands dominates European imports of watches, showing significant year-on-year growth of 35.79% in 2023, followed by consistent growth in Italy and Slovakia. The UK and France experienced declines, alongside other notable drops in Austria and Croatia. Noteworthy gains were seen in emerging markets like Lithuania and Finland, with growth rates of 28.0% and 25.01%, respectively. The overall market showed mixed trends with both declines and significant growth among different countries.
Future trends to watch include:
- Further growth potential in the Netherlands driven by increasing demand.
- Potential recovery in the UK and France markets if economic conditions improve.
- Continued gains in Eastern European countries like Poland and Slovakia.
- Watch for innovation and luxury trends influencing imports, particularly in higher-growth markets.
Top countries in Import of Watches by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 3,350,200 | 2023 | +5.61% | +35.79% | View data |
| 2 | 2 United Kingdom | 791,240 | 2023 | -17.35% | -17.26% | View data |
| 3 | 3 France | 722,290 | 2023 | +6.06% | -8.06% | View data |
| 4 | 4 Poland | 326,770 | 2023 | -0.69% | +2.32% | View data |
| 5 | 5 Belgium | 325,190 | 2023 | +16.16% | -5.82% | View data |
| 6 | 6 Italy | 300,540 | 2023 | -3.14% | +6.97% | View data |
| 7 | 7 Denmark | 231,550 | 2021 | +112.65% | +13.33% | View data |
| 8 | 8 Spain | 141,910 | 2023 | +14.39% | +16.38% | View data |
| 9 | 9 Sweden | 105,510 | 2023 | +4.07% | -2.56% | View data |
| 10 | 10 Bulgaria | 102,840 | 2023 | -2.76% | -1.33% | View data |
