Report Update: May 1, 2025

China - Watches - Market Analysis, Forecast, Size, Trends and Insights

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Watch Prices in China

China Watch Import Price in August 2022

In August 2022, the watch price amounted to $318 per unit (CIF, China), which is down by -23.7% against the previous month. Over the period under review, the import price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in February 2022 when the average import price increased by 167% m-o-m. The import price peaked at $417 per unit in July 2022, and then declined dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($1,350 per unit), while the price for Thailand ($27.1 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

China Watch Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was wrist-watches, pocket-watches, stop-watches and other watches; with case of precious metal or of metal clad with precious metal ($11,915 per unit), while the price for plastic or non-precious metal watches totaled $231 per unit.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by plastic or non-precious metal watch (+11.1%).

China Watch Imports

In August 2022, approximately 1.2M units of watches were imported into China; surging by 24% against the previous month. Over the period under review, imports, however, saw a abrupt descent. Imports peaked at 2.6M units in January 2022; however, from February 2022 to August 2022, imports failed to regain momentum.

In value terms, watch imports reduced to $370M (IndexBox estimates) in August 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when imports increased by 100% against the previous month. Imports peaked at 426M units in March 2022; however, from April 2022 to August 2022, imports failed to regain momentum.

China Watch Imports by Type

In August 2022, plastic or non-precious metal watches (1.2M units) was the main type of watch supplied to China, accounting for a 99% share of total imports. It was followed by wrist-watches, pocket-watches, stop-watches and other watches; with case of precious metal or of metal clad with precious metal (8.7K units), with a 0.7% share of total imports.

From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of import of plastic or non-precious metal watches amounted to -10.9%.

In value terms, plastic or non-precious metal watches ($266M) constituted the largest type of watch supplied to China, comprising 72% of total imports. The second position in the ranking was held by wrist-watches, pocket-watches, stop-watches and other watches; with case of precious metal or of metal clad with precious metal ($104M), with a 28% share of total imports.

China Watch Imports by Country

Thailand (325K units), Japan (322K units) and Switzerland (240K units) were the main suppliers of watch imports to China, with a combined 76% share of total imports. These countries were followed by Italy, which accounted for a further 1.3%.

From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +79.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($324M) constituted the largest supplier of watch to China, comprising 88% of total imports. The second position in the ranking was taken by Japan ($15M), with a 4.1% share of total imports. It was followed by Thailand, with a 2.4% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from Switzerland amounted to +1.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (+4.4% per month) and Thailand (-4.4% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the watch market in China. 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 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
Prodcom 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024