In 2023, France led the global export of watch straps and parts of precious metal, followed closely by Switzerland and Italy. Year-on-year variations show significant growth in countries like Greece (29.56%) and Peru (20.61%), while exports from Malaysia and the United Kingdom faced sharp declines of 32.19% and 20.03%, respectively. Canada saw an impressive increase of 46.8%, indicating rising participation in this niche market. China's and the United States' slight negative variations suggest room for strategic improvement. Over the last five years, several countries exhibited fluctuating CAGRs, pointing to variable market dynamics.
Looking ahead, potential influencers include changes in consumer preferences towards luxury watch accessories and the impact of global trade policies. Emerging markets might present new opportunities, while sustainability in precious metals production could drive futuristic market shifts.
Top countries in Export of Watch Straps and Parts of Precious Metal or of Metal Clad with Precious Metal by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 65,819,000 | 2023 | +1.74% | +0.94% | View data |
| 2 | 2 Switzerland | 42,289,000 | 2023 | -1.37% | +1.83% | View data |
| 3 | 3 Italy | 26,035,000 | 2023 | -19.28% | -13.3% | View data |
| 4 | 4 Germany | 10,844,000 | 2023 | +0.12% | -2.71% | View data |
| 5 | 5 Thailand | 10,019,000 | 2023 | +6.64% | +2.39% | View data |
| 6 | 6 Netherlands | 2,825,800 | 2023 | +4% | +1.25% | View data |
| 7 | 7 United States | 1,859,800 | 2023 | -3.33% | -3.6% | View data |
| 8 | 8 China | 1,002,500 | 2023 | -14.61% | -3.08% | View data |
| 9 | 9 Singapore | 908,620 | 2023 | -10.88% | -13.49% | View data |
| 10 | 10 United Arab Emirates | 516,600 | 2023 | -5.74% | +3.33% | View data |
