The global export of mechanical pocket-watches with precious metal cases shows notable disparities. In 2023, Malaysia dominated with the highest export values, followed by Singapore and the United Kingdom, while countries like Japan and Uruguay displayed minimal export activities. Year-on-year variations reveal a mixed trend: Russia and Croatia experienced significant growth, whereas Italy and Thailand faced declines. Notably, the compound annual growth rate over the last five years indicates stable, albeit varied, trends across different nations.
Future trends to watch include:
- The potential rise in demand for luxury and niche mechanical timepieces, which may boost exports from countries with high craftsmanship skills.
- Market shifts due to economic changes can alter the landscape, with emerging markets possibly increasing their exports.
- Sustainability and eco-friendly production practices may become decisive factors for competitive advantage.
Top countries in Export of Mechanical Pocket-Watch with a Precious Metal Case by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 880,340 | 2023 | +3.96% | +7.86% | View data |
| 2 | 2 Singapore | 164,860 | 2023 | -7.02% | +6.24% | View data |
| 3 | 3 United Kingdom | 103,940 | 2023 | -0.34% | +0.52% | View data |
| 4 | 4 China | 32,990 | 2023 | +4.32% | +7.29% | View data |
| 5 | 5 Bulgaria | 24,060 | 2023 | +4.2% | +3.24% | View data |
| 6 | 6 Italy | 18,150 | 2023 | -12.83% | -13.43% | View data |
| 7 | 7 Greece | 14,270 | 2023 | -1.59% | +10.23% | View data |
| 8 | 8 India | 9,660 | 2023 | -30.91% | -26.3% | View data |
| 9 | 9 Sweden | 7,500 | 2023 | -4.54% | -1.72% | View data |
| 10 | 10 Thailand | 7,340 | 2023 | -21.28% | -15.84% | View data |
