The global export market for watch cases of base metal, including gold- or silver-plated, saw China as the leading exporter in 2023, despite a slight decline of 4.33%. India experienced notable growth at a rate of 7.58%, while Switzerland showed significant recovery with a 43.64% increase. Emerging markets such as Bulgaria surged remarkably by 239.95%, though from a low base. The Philippines also exhibited strong performance with a 38.36% increase. Conversely, Brazil faced a severe downturn, with a 47.8% decline. Over the past five years, the overall market showed moderate growth.
Looking ahead, the expansion in emerging markets and increased European participation could drive future growth. Watch for potential impacts from trade policies and technological advances that might redefine market dynamics. Sustainability trends and supply chain innovations could also influence exporter strategies.
Top countries in Export of Watch Cases of Base Metal Including Gold- or Silver-Plated by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 72,804,000 | 2023 | -4.22% | -4.33% | View data |
| 2 | 2 India | 2,513,800 | 2023 | +3.5% | +7.58% | View data |
| 3 | 3 Thailand | 1,798,700 | 2023 | -0.16% | -3.15% | View data |
| 4 | 4 Switzerland | 128,150 | 2023 | -59.79% | +43.64% | View data |
| 5 | 5 Luxembourg | 67,310 | 2023 | +5.71% | +3.3% | View data |
| 6 | 6 Armenia | 10,490 | 2023 | +5.98% | +5.17% | View data |
| 7 | 7 United States | 9,920 | 2023 | -6.2% | -8.99% | View data |
| 8 | 8 Netherlands | 9,550 | 2023 | +3.89% | +8.85% | View data |
| 9 | 9 Finland | 4,830 | 2023 | +4.62% | +12.51% | View data |
| 10 | 10 Philippines | 3,630 | 2023 | +2.61% | +38.36% | View data |
