Global Import of Complete and Assembled Watch Movements with Automatic Winding Share by Country (Units)

The global import landscape for complete and assembled watch movements with automatic winding is dominated by China, which held an overwhelming 88.26% share in 2023, despite a 12.95% decline year-on-year. Switzerland, however, showcased remarkable growth, doubling its imports by 101.25% to capture a 9.31% share. Other noteworthy performers included Armenia with a 244.98% increase, albeit contributing negligibly to the total. The United States and the Netherlands experienced steady growth, while Italy and the Czech Republic faced significant declines. Small but positive changes were noted in markets like the United Kingdom, Russia, and Mauritius, signaling stability in these regions.

Looking ahead, several trends may shape the global import dynamics for watch movements:

  • China's declining trend could open the market to other rising players if it persists.
  • Switzerland may continue to see growth as demand for high-quality movements increases globally.
  • Monitoring the economic policies and trade relations of key countries will be essential to anticipate shifts in import patterns.
  • Technological advancements and consumer preferences for innovative watch designs might impact future import volumes.

Top countries in Import of Complete and Assembled Watch Movements with Automatic Winding Share by Country (Units)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 China 88.26 2023 -15.25% -12.95% View data
2 2 Switzerland 9.31 2023 +3.67% +101.25% View data
3 3 United States 2.55 2023 -0.019% +0.0026% View data
4 4 Netherlands 1.67 2023 +2.7% +3.47% View data
5 5 United Kingdom 1.43 2023 +3.44% +7.26% View data
6 6 Brazil 0.84 2023 -4.67% +0.4% View data
7 7 Italy 0.75 2023 -10.97% -11.17% View data
8 8 Russia 0.69 2023 +5.12% +3.54% View data
9 9 Mauritius 0.45 2023 +6.63% +2.82% View data
10 10 Lithuania 0.34 2023 +0.96% +0.6% View data

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