Asia: Watch Glasses Market 2020

Watch Glasses Market Size in Asia

The revenue of the watch glasses market in Asia amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a temperate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the watch glasses consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. The level of watch glasses consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Watch Glasses Production in Asia

The watch glasses production totaled X units in 2017, picking up by X% against the previous year. The watch glasses production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2011, when the output figure increased by X% y-o-y. Over the period under review, the watch glasses production attained its maximum volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Watch Glasses Exports in Asia

In 2017, approx. X units of clock or watch glasses and glasses for spectacles were exported in Asia; coming up by X% against the previous year. The total exports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the watch glasses exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, the watch glasses exports reached its maximum volume of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, watch glasses exports amounted to $X in 2017. The total exports indicated a noticeable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Watch Glasses Exports by Country in Asia

In 2017, China (X units) was the main exporter for clock or watch glasses and glasses for spectacles, constituting X% of total exports. It was distantly followed by China, Hong Kong SAR (X units), Malaysia (X units) and India (X units), together comprising X% share of total exports. Thailand (X units) and Singapore (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to watch glasses exports from China stood at +X%. At the same time, Singapore (+X%), China, Hong Kong SAR (+X%), India (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Thailand experienced a relatively flat trend pattern. While the share of Singapore (-X%), India (-X%), Malaysia (-X%), China, Hong Kong SAR (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China, Hong Kong SAR ($X), China ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

China (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Watch Glasses Export Prices by Country in Asia

In 2017, the watch glasses export price in Asia amounted to $X per unit, lowering by -X% against the previous year. The watch glasses export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. The level of export price peaked of $X per unit in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China, Hong Kong SAR ($X per unit), while India ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (-X% per year), while the other leaders experienced a decline in the export price figures.

Watch Glasses Imports in Asia

In 2017, approx. X units of clock or watch glasses and glasses for spectacles were imported in Asia; falling by -X% against the previous year. The watch glasses imports continue to indicate a slight drop. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. Over the period under review, the watch glasses imports reached its peak figure volume of X units in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, watch glasses imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Watch Glasses Imports by Country in Asia

India represented the largest importer of clock or watch glasses and glasses for spectacles in Asia, with the volume of imports finishing at X units, which was near X% of total imports in 2017. It was distantly followed by China (X units), Thailand (X units), South Korea (X units), Malaysia (X units) and Turkey (X units), together achieving X% share of total imports. The United Arab Emirates (X units), Saudi Arabia (X units), Japan (X units), Singapore (X units) and the Philippines (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to watch glasses imports into India stood at +X%. At the same time, Saudi Arabia (+X%), Singapore (+X%), the United Arab Emirates (+X%), the Philippines (+X%), South Korea (+X%), Malaysia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Turkey experienced a relatively flat trend pattern. By contrast, Japan (-X%) and China (-X%) illustrated a downward trend over the same period. China (X%) and Japan (X%) significantly strengthened its position in terms of the global imports, while Malaysia, the Philippines, Singapore, the United Arab Emirates, Saudi Arabia, South Korea and India saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Thailand ($X) and India ($X) were the countries with the highest levels of imports in 2017, together comprising X% of total imports. Japan, Malaysia, Singapore, the United Arab Emirates, South Korea, Turkey, Saudi Arabia and the Philippines lagged somewhat behind, together accounting for a further X%.

Saudi Arabia (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Watch Glasses Import Prices by Country in Asia

The watch glasses import price in Asia stood at $X per unit in 2017, increasing by X% against the previous year. The import price indicated a measured expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the watch glasses import price increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2015, an increase of X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per unit), while South Korea ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform