In 2023, China led the global export market for clock or watch plates and bridges, holding a 41.28% market share by kilogram, showcasing a modest increase of 1.59% from the previous year. Thailand secured a strong position with a 19.72% share, marking a notable year-on-year increase of 7.69%. Switzerland's 18.4% share decreased by 5.73%, while Japan's 9.8% share rose by 4.99%. Germany, the Netherlands, and Italy held smaller shares with Germany experiencing a significant decline of 19.78%. Over the last five years, China and Thailand demonstrated strong CAGR while Switzerland showed a downward trend.
Looking ahead, expect potential shifts due to technological advancements, sustainability practices, and evolving consumer preferences. Countries investing in innovative manufacturing processes and sustainable materials may see leveraged market positions. Monitoring trade policies impacting global supply chains will also be critical.
Top countries in Export of Clock or Watch Plates and Bridges Share by Country (Kilograms)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 41.28 | 2023 | +5.62% | +1.59% | View data |
| 2 | 2 Thailand | 19.72 | 2023 | +5.13% | +7.69% | View data |
| 3 | 3 Switzerland | 18.4 | 2023 | -6.24% | -5.73% | View data |
| 4 | 4 Japan | 9.8 | 2023 | +3.33% | +4.99% | View data |
| 5 | 5 Germany | 0.79 | 2023 | -27.27% | -19.78% | View data |
| 6 | 6 Netherlands | 0.51 | 2023 | +1.49% | +3.21% | View data |
| 7 | 7 Italy | 0.003 | 2023 | 0% | -3.04% | View data |
