The market for watches with cases of precious metals or clad with precious metals in Greece saw a fluctuating trend from 2013 to 2023. The value per capita reached $11.99 in 2023, revealing a modest growth from 2013 but experiencing volatility with peaks and troughs over the years. From 2021 to 2023, the market saw a slight decline of approximately 0.17%, stabilizing after a minor increase in 2021. Looking over the past five years, the compound annual growth rate was relatively stagnant, reflecting a challenging market environment.
Future trends to watch include increasing consumer interest in sustainable, ethically sourced materials which may impact demand. Also, digitalizing trends and smartwatches' continued integration could influence traditional luxury watch market dynamics.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 56.57 | 2023 | View data | ||
| 2 | 2 Italy | 33.63 | 2023 | View data | ||
| 3 | 3 New Zealand | 26.71 | 2023 | View data | ||
| 4 | 4 Japan | 25.84 | 2023 | View data | ||
| 5 | 5 Austria | 23.12 | 2023 | View data | ||
| 6 | 6 Denmark | 14.91 | 2023 | View data | ||
| 7 | 7 South Korea | 14.76 | 2023 | View data | ||
| 8 | 8 Greece | 11.99 | 2023 | |||
| 9 | 9 Canada | 11.58 | 2023 | View data | ||
| 10 | 10 Norway | 10.42 | 2023 | View data | ||
