The 2023 global export market for watch cases of base metal, including gold- or silver-plated, is predominantly led by China, holding a significant 95.22% share despite a slight contraction of 4.33% from the previous year. India and Thailand follow, showing resilience with India experiencing a 7.58% increase and Thailand a minor decrease of 3.15%. Switzerland and Luxembourg, albeit small players, have noted impressive growth rates of 43.64% and 3.3%, respectively. The United States saw an 8.99% decrease, while emerging markets like Bulgaria and the Philippines exhibited remarkable growth at 239.95% and 38.36%, respectively.
Looking forward, the global watch case export landscape is likely to see further shifts as established markets like China stabilize and new leaders potentially emerge. Watch for continued growth in niche markets and the potential influence of digitalization and sustainable practices that may alter production and consumption patterns, impacting future market dynamics.
Top countries in Export of Watch Cases of Base Metal Including Gold- or Silver-Plated Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 95.22 | 2023 | -4.22% | -4.33% | View data |
| 2 | 2 India | 3.29 | 2023 | +3.5% | +7.58% | View data |
| 3 | 3 Thailand | 2.35 | 2023 | -0.16% | -3.15% | View data |
| 4 | 4 Switzerland | 0.17 | 2023 | -59.79% | +43.64% | View data |
| 5 | 5 Luxembourg | 0.088 | 2023 | +5.71% | +3.3% | View data |
| 6 | 6 Armenia | 0.014 | 2023 | +5.98% | +5.17% | View data |
| 7 | 7 United States | 0.013 | 2023 | -6.2% | -8.99% | View data |
| 8 | 8 Netherlands | 0.012 | 2023 | +3.89% | +8.85% | View data |
| 9 | 9 Finland | 0.006 | 2023 | +4.62% | +12.51% | View data |
| 10 | 10 Philippines | 0.005 | 2023 | +2.61% | +38.36% | View data |
