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World - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights

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Jan 9, 2024

Top Import Markets for Plastic or Non-Precious Metal Watches

When it comes to the import market for plastic or non-precious metal watches, several countries stand out as the top importers in the world. These countries not only have a high demand for these types of watches but also contribute significantly to the global import value. In this article, we will explore the world's best import markets for plastic or non-precious metal watches, backed by data from the IndexBox market intelligence platform.

1. United States

The United States takes the lead as the world's largest importer of plastic or non-precious metal watches. In 2022, the import value of these watches in the US reached a staggering $4.3 billion. This indicates a high demand for affordable and stylish watches made from plastic or non-precious metals in the US market.

2. Hong Kong SAR

Coming in second place is Hong Kong SAR, with an import value of $3.3 billion in 2022. Hong Kong has long been recognized as a global hub for trade and commerce, making it an ideal market for various products, including watches. The demand for plastic or non-precious metal watches in Hong Kong remains strong, attracting global suppliers to cater to the market's needs.

3. China

China follows closely behind Hong Kong with an import value of $2.7 billion in 2022. As one of the largest economies in the world, China not only has a massive domestic market but also plays a crucial role in the global import market. The popularity of plastic or non-precious metal watches in China contributes significantly to its import value.

4. France

France ranks fourth on the list with an import value of $1.9 billion in 2022. Known for its luxury and fashion industry, France is a key market for watches. While the country has a strong demand for high-end watches, the import value of plastic or non-precious metal watches indicates a demand for more affordable options.

5. Japan

Japan follows closely behind France with an import value of $1.8 billion in 2022. Japanese consumers appreciate quality products, including watches. While the market for luxury watches is robust, there is also a demand for plastic or non-precious metal watches, catering to different price points and consumer preferences.

6. Germany

Germany ranks sixth among the top import markets for plastic or non-precious metal watches, with an import value of $1.7 billion in 2022. Known for its manufacturing prowess, Germany has a diversified market for watches, including both high-end and affordable options.

7. United Kingdom

The United Kingdom stands at seventh place with an import value of $1.3 billion in 2022. Despite being a smaller market compared to the US and China, the UK still has a strong demand for watches. The import value of plastic or non-precious metal watches indicates a preference for affordable yet stylish options.

8. United Arab Emirates

The United Arab Emirates (UAE) comes in eighth with an import value of $1.1 billion in 2022. The UAE has a thriving luxury retail industry, attracting consumers from around the world. While the import value for plastic or non-precious metal watches may be smaller compared to other countries on the list, it still signifies a demand for a range of watch options in the market.

9. Singapore

Singapore records an import value of $1.0 billion in 2022, securing its place as the ninth-best import market for plastic or non-precious metal watches. As a global financial and trading hub, Singapore attracts a diverse range of consumers who contribute to the demand for watches.

10. Italy

Italy completes the list with an import value of $891.8 million in 2022. Known for its rich heritage in fashion and design, Italy has a strong presence in the global watch market. The import value of plastic or non-precious metal watches reflects the market's interest in affordable and trendy options.

The data provided by the IndexBox market intelligence platform showcases the impressive import values of these top countries. The demand for plastic or non-precious metal watches continues to grow, driven by consumerspreferences for stylish yet affordable options. Suppliers and manufacturers can leverage these insights to tap into these lucrative markets and cater to the evolving needs of watch enthusiasts worldwide.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for plastic or non-precious metal watch. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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