China dominated the global export market for battery-operated wrist-watches with base metal cases and mechanical displays, holding 89.19% of the share in units as of 2023. Despite a minor decline of 0.18%, it maintained its lead. The United States showed a notable increase of 2.48%. Other countries like Malaysia and Hungary witnessed higher growth rates, although their market shares remain small. Belgium experienced a significant drop of 36.47%.
Future trends to watch include potential shifts in consumer preferences towards more sustainable and technologically advanced timepieces, which might impact countries like China if they adapt to emerging demands. Additionally, as markets in India and other rising economies strengthen, they could contribute more significantly to global exports.
Top countries in Export of Battery Operated Wrist-Watch with Base Metal Case and with Mechanical Display Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 89.19 | 2023 | -0.61% | -0.18% | View data |
| 2 | 2 Switzerland | 2.78 | 2023 | -5.17% | -5.64% | View data |
| 3 | 3 United Kingdom | 2.07 | 2023 | +3.54% | -0.81% | View data |
| 4 | 4 United States | 1.73 | 2023 | +2.63% | +2.48% | View data |
| 5 | 5 Netherlands | 1.16 | 2023 | +3.12% | +1.28% | View data |
| 6 | 6 Philippines | 0.77 | 2023 | +6.07% | +2.26% | View data |
| 7 | 7 Sweden | 0.57 | 2023 | +3.35% | +6.55% | View data |
| 8 | 8 Poland | 0.49 | 2023 | +2.48% | +0.66% | View data |
| 9 | 9 India | 0.33 | 2023 | +3.46% | +3.77% | View data |
| 10 | 10 Austria | 0.29 | 2023 | +2.93% | +5.48% | View data |
