In 2023, Switzerland led the global export market of clock or watch plates and bridges with a value of $31.388 million, albeit experiencing a decline of 2.07% from the previous year. Japan and Thailand followed with exports valued at $23.621 million and $13.563 million, witnessing growths of 12.41% and 6.62%, respectively. Significant growth points include China at 4.18% and the United Kingdom at 14.44%. In contrast, countries like France, Spain, and Italy faced declining numbers, specifically recording decreases of 2.24%, 6.87%, and 11.4%.
Future trends to observe include potential market shifts due to technological advancements, reshaping the demand for traditional versus digital timepieces, and geopolitical impacts on trade policies. Countries adapting their production to include smart components might capture greater market shares, altering the current export dynamics. Watch for emerging markets leveraging cost efficiencies to gain a competitive edge.
Top countries in Export of Clock or Watch Plates and Bridges by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 31,388,000 | 2023 | +1.34% | -2.07% | View data |
| 2 | 2 Japan | 23,621,000 | 2023 | +5.88% | +12.41% | View data |
| 3 | 3 Thailand | 13,563,000 | 2023 | +5.03% | +6.62% | View data |
| 4 | 4 China | 10,668,000 | 2023 | +2.93% | +4.18% | View data |
| 5 | 5 Germany | 6,274,900 | 2023 | +0.8% | +1.63% | View data |
| 6 | 6 France | 5,580,100 | 2023 | -0.51% | -2.24% | View data |
| 7 | 7 Singapore | 737,970 | 2023 | +5.01% | -0.43% | View data |
| 8 | 8 Netherlands | 197,020 | 2023 | +3.89% | +5% | View data |
| 9 | 9 United Arab Emirates | 153,140 | 2023 | +2.26% | +4.3% | View data |
| 10 | 10 Chile | 62,090 | 2023 | -1.12% | +0.53% | View data |
