In 2024, Switzerland leads the global imports of clock and watch dials with a value of $131.45 million, followed by China at $85.939 million and Japan at $28.715 million. Over the last two years, Switzerland saw a slight decline of -2.18%, whereas China and Japan experienced substantial growth at 4.64% and 4.45% respectively. Germany, while holding the fourth position, grew by 2.42%. The highest growth rates were observed in Namibia (70.58%), Kazakhstan (65.18%), and Ivory Coast (85.52%), demonstrating significant emerging market trends. Conversely, Mexico (-20.62%) and Belarus (-20.96%) incurred notable declines.
Looking forward, future trends to watch include sustained growth in emerging markets like Namibia, Kazakhstan, and Costa Rica. Another key trend is the continued expansion in countries demonstrating consistent year-on-year growth, such as Malaysia, Netherlands, and Namibia, which may reflect increasing consumer demand for luxury timepieces. Conversely, markets like Canada, Mexico, and Argentina, currently facing declines, will be critical to monitor for any potential recovery strategies.
Top countries in Import of Clock or Watch Dials by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 131,450,000 | 2023 | +0.83% | -2.18% | View data |
| 2 | 2 China | 85,939,000 | 2023 | +3.18% | +4.64% | View data |
| 3 | 3 Japan | 28,715,000 | 2023 | +3.12% | +4.45% | View data |
| 4 | 4 Germany | 19,951,000 | 2023 | +2.87% | +2.42% | View data |
| 5 | 5 Thailand | 17,114,000 | 2023 | +4.1% | +2.96% | View data |
| 6 | 6 Brazil | 12,006,000 | 2023 | +1.78% | +1.72% | View data |
| 7 | 7 United States | 7,932,000 | 2023 | +0.87% | +0.15% | View data |
| 8 | 8 India | 7,417,000 | 2023 | +3.66% | +3.57% | View data |
| 9 | 9 France | 7,084,400 | 2023 | +1.25% | +1.58% | View data |
| 10 | 10 Malaysia | 5,981,200 | 2023 | +1.55% | +6.51% | View data |
