The analysis of the European import of watches and clocks in terms of units reveals that Germany leads with 24.31%. France follows at 12.14%, while the Netherlands, the United Kingdom, and Italy contribute 10.57%, 8.27%, and 8.11% respectively. Notably, a year-on-year comparison indicates that Germany saw a 1.24% increase, while the United Kingdom endured a significant decline of 11.44%.
Over the last five years, the compound annual growth rate (CAGR) highlights varying trends, with countries like Hungary showing positive momentum (5.43%), whereas Slovakia experienced a steep annual decline (-19.94%). Countries like Lithuania and Slovenia have managed marginal growth, evidencing mixed performances across the region.
Looking ahead, future trends to watch include the potential rise in imports driven by technological advancements and innovations, and the impact of economic policies and trade agreements on imports.
Top countries in Import of Watches and Clocks Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.31 | 2023 | +3.92% | +1.24% | View data |
| 2 | 2 France | 12.14 | 2023 | +0.64% | -1.35% | View data |
| 3 | 3 Netherlands | 10.57 | 2023 | +3.76% | +0.54% | View data |
| 4 | 4 United Kingdom | 8.27 | 2023 | -11.16% | -11.44% | View data |
| 5 | 5 Italy | 8.11 | 2023 | +3.22% | -2.18% | View data |
| 6 | 6 Spain | 7.27 | 2023 | -2.26% | -5.71% | View data |
| 7 | 7 Poland | 4.95 | 2023 | -3.02% | -3.27% | View data |
| 8 | 8 Belgium | 4.87 | 2023 | +2.03% | -0.16% | View data |
| 9 | 9 Czechia | 3.86 | 2023 | |||
| 10 | 10 Austria | 2.24 | 2023 | -2.09% | -4.88% | View data |
