The Netherlands leads with a 25.06% share in the European watch export market but faces a slight decline, offset by significant growth in the United Kingdom and France. Belgium and Spain experience notable declines. Denmark and Greece show sizable growth, with Greece witnessing a remarkable 22.49% increase. Italy and Germany exhibit decreases, while Poland and Ireland experience moderate growth. Latvia, Slovakia, and Romania also see increases, highlighting a diverse performance across the continent. Malta's share surged by an impressive 66.9%, while Estonia's share dropped significantly.
Future trends to watch include potential shifts due to economic and geopolitical influences, technological advancements influencing watch demand, and evolving consumer preferences toward more sustainable and smart watches. Countries with emerging markets may gain larger shares, while traditional leaders might diversify their strategies to maintain competitiveness.
Top countries in Export of Watches Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 25.06 | 2023 | +9.68% | -2.98% | View data |
| 2 | 2 United Kingdom | 20.49 | 2023 | -1.02% | +4.42% | View data |
| 3 | 3 France | 13.17 | 2023 | +15.4% | +6.91% | View data |
| 4 | 4 Belgium | 9.88 | 2023 | +19.84% | -12.42% | View data |
| 5 | 5 Denmark | 8.36 | 2023 | +24.94% | +7.66% | View data |
| 6 | 6 Poland | 5.45 | 2023 | +4.2% | +2.73% | View data |
| 7 | 7 Spain | 2.71 | 2023 | -21.68% | -14.42% | View data |
| 8 | 8 Latvia | 1.83 | 2023 | +5.03% | +4.3% | View data |
| 9 | 9 Bulgaria | 1.76 | 2023 | -5.32% | +1.54% | View data |
| 10 | 10 Greece | 1.68 | 2023 | +5.68% | +22.49% | View data |
