The global import of clock or watch plates and bridges in 2024 shows significant concentration in a few countries. Switzerland leads the market with 30.49%, closely followed by China at 28.26% and Japan at 28.15%. Other notable contributors include France (7.09%) and the United States (1.32%), among others.
Year-on-year variations between 2023 and 2024 reveal notable movements:
- Switzerland saw a modest increase of 2.84%.
- China experienced a significant growth of 4.11%.
- Japan had a substantial rise of 7.61%.
- France showed a minor increase of 1.37%.
- The United States saw a moderate rise of 3.4%.
- Malaysia experienced a notable downturn of -4.91%.
- Qatar displayed significant growth at 8.25%.
- Canada experienced a sharp decline of -22.83%, and similar reductions were observed in Norway and Finland.
- Positive growth in emerging markets like Bosnia and Herzegovina (31.33%) and Egypt (21.46%) stands out.
Future trends to watch include enhanced production capacity in Asian markets, particularly China and Japan, and technological advancements driving growth in other Asian economies such as India and Thailand. Declining trends in some European countries may signal a shift to newer markets. Observing geopolitical impacts and trade regulations will also be important for predicting future movements in this market. Additionally, the evolution of smartwatches and tech-driven timepieces could influence traditional watch component imports.
Top countries in Import of Clock or Watch Plates and Bridges Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 30.49 | 2023 | +3.57% | +2.84% | View data |
| 2 | 2 China | 28.26 | 2023 | +3.07% | +4.11% | View data |
| 3 | 3 Japan | 28.15 | 2023 | +3.84% | +7.61% | View data |
| 4 | 4 France | 7.09 | 2023 | +4.2% | +1.37% | View data |
| 5 | 5 United States | 1.32 | 2023 | +3.25% | +3.4% | View data |
| 6 | 6 Germany | 1.23 | 2023 | +2.74% | +2.93% | View data |
| 7 | 7 India | 0.94 | 2023 | +5.03% | +4.29% | View data |
| 8 | 8 Singapore | 0.83 | 2023 | +5.51% | +1.69% | View data |
| 9 | 9 Malaysia | 0.8 | 2023 | -1.57% | -4.91% | View data |
| 10 | 10 Thailand | 0.37 | 2023 | +3.62% | +2.15% | View data |
