The global import market for clock or watch dials is dominated by Switzerland and China, possessing shares of 40.39% and 26.41% respectively. Switzerland experienced a slight decrease of 2.18% in 2023, while China increased by 4.64%. Japan follows as a distant third with 8.82%, maintaining steady growth. Other notable players like Germany and Thailand have shown modest year-on-year increases. Countries like Malaysia, United Arab Emirates, and Lithuania are emerging markets with significant growth rates, showing the dynamic nature of this sector.
Looking ahead, we anticipate a diversification of import sources with countries like Malaysia, UAE, and Bahrain increasing their presence due to competitive manufacturing costs and advancing technological capabilities. The emerging trend towards smartwatches could also influence traditional watch components, impacting import dynamics. Monitoring technological advancements and trade policies will be crucial for stakeholders in this market.
Top countries in Import of Clock or Watch Dials Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 40.39 | 2023 | +0.83% | -2.18% | View data |
| 2 | 2 China | 26.41 | 2023 | +3.18% | +4.64% | View data |
| 3 | 3 Japan | 8.82 | 2023 | +3.12% | +4.45% | View data |
| 4 | 4 Germany | 6.13 | 2023 | +2.87% | +2.42% | View data |
| 5 | 5 Thailand | 5.26 | 2023 | +4.1% | +2.96% | View data |
| 6 | 6 Brazil | 3.69 | 2023 | +1.78% | +1.72% | View data |
| 7 | 7 United States | 2.44 | 2023 | +0.87% | +0.15% | View data |
| 8 | 8 India | 2.28 | 2023 | +3.66% | +3.57% | View data |
| 9 | 9 France | 2.18 | 2023 | +1.25% | +1.58% | View data |
| 10 | 10 Malaysia | 1.84 | 2023 | +1.55% | +6.51% | View data |
