The global import of mechanical clock movements, complete and assembled, is dominated by India, holding a commanding 88.08% share. Notable but much smaller shares are held by Thailand (3.79%) and the United Kingdom (3.19%). The remaining countries, including Bulgaria, Colombia, Ukraine, and others, each contribute less than 1% to the total volume. Year-on-year variations reveal significant growth for certain countries such as Bulgaria (15.58%) and Czech Republic (58.89%), while others like the United States (-44.39%) and Russia (-10.68%) face declines. The Compound Annual Growth Rate (CAGR) over the past five years offers a comprehensive look at these trends.
Future trends to watch include the impact of technological advancements on mechanical clocks, shifts in consumer preferences towards vintage analog devices, and the effects of international trade policies on import dynamics. Emerging markets may also change the landscape as they develop a growing interest in mechanical horology.
Top countries in Import of Mechanical Clocks Movements Complete and Assembled Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 88.08 | 2023 | +2.99% | +2.03% | View data |
| 2 | 2 Thailand | 3.79 | 2023 | +4.45% | +1.07% | View data |
| 3 | 3 United Kingdom | 3.19 | 2023 | +0.52% | +4.22% | View data |
| 4 | 4 Bulgaria | 0.14 | 2023 | -0.23% | +15.58% | View data |
| 5 | 5 Colombia | 0.11 | 2023 | +3.52% | +1.8% | View data |
| 6 | 6 Ukraine | 0.1 | 2023 | +5.58% | +1.38% | View data |
| 7 | 7 Ecuador | 0.088 | 2023 | +0.12% | -5.18% | View data |
| 8 | 8 Mauritius | 0.057 | 2023 | +5.59% | +1.6% | View data |
| 9 | 9 Lithuania | 0.048 | 2023 | +6.68% | +0.79% | View data |
| 10 | 10 Russia | 0.045 | 2023 | -7.41% | -10.68% | View data |
