Asia-Pacific: Rough Watch Movements Market 2025

Rough Watch Movements Market Size in Asia-Pacific

The Asia-Pacific rough watch movements market contracted slightly to $X in 2021, approximately mirroring the previous year. In general, consumption posted prominent growth. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Rough Watch Movements Production in Asia-Pacific

In value terms, rough watch movements production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 4.4%. As a result, production attained the peak level of $X, and then shrank modestly in the following year.

Rough Watch Movements Exports

Exports in Asia-Pacific

In 2021, overseas shipments of rough watch movements were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by 94%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, rough watch movements exports surged to $X in 2021. In general, exports recorded resilient growth. The growth pace was the most rapid in 2013 with an increase of 374%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) and Japan (X units) dominates exports structure, together making up 97% of total exports. Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +29.7%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Japan ($X) remains the largest rough watch movements supplier in Asia-Pacific, comprising 84% of total exports. The second position in the ranking was held by China ($X), with a 5.4% share of total exports.

In Japan, rough watch movements exports expanded at an average annual rate of +27.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: China (-2.8% per year) and Hong Kong SAR (+6.5% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, picking up by 4.9% against the previous year. Overall, the export price saw a significant increase. The pace of growth appeared the most rapid in 2013 when the export price increased by 211% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.9%), while the other leaders experienced mixed trends in the export price figures.

Rough Watch Movements Imports

Imports in Asia-Pacific

In 2021, after two years of decline, there was significant growth in supplies from abroad of rough watch movements, when their volume increased by 125% to X units. In general, imports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of 152%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, rough watch movements imports skyrocketed to $X in 2021. Over the period under review, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 276%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Indonesia represented the main importer of rough watch movements in Asia-Pacific, with the volume of imports recording X units, which was near 37% of total imports in 2021. It was distantly followed by Democratic People's Republic of Korea (X units), Singapore (X units), India (X units), China (X units) and Bangladesh (X units), together mixing up a 52% share of total imports. Pakistan (X units) followed a long way behind the leaders.

Imports into Indonesia decreased at an average annual rate of -1.8% from 2012 to 2021. At the same time, Pakistan (+47.3%) and Democratic People's Republic of Korea (+45.1%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +47.3% from 2012-2021. India experienced a relatively flat trend pattern. By contrast, Singapore (-1.4%), China (-3.4%) and Bangladesh (-20.3%) illustrated a downward trend over the same period. Democratic People's Republic of Korea (+15 p.p.), Indonesia (+5.1 p.p.), India (+3.3 p.p.), Pakistan (+2.6 p.p.) and Singapore (+2 p.p.) significantly strengthened its position in terms of the total imports, while Bangladesh saw its share reduced by -31.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported rough watch movements in Asia-Pacific, comprising 39% of total imports. The second position in the ranking was held by Democratic People's Republic of Korea ($X), with a 12% share of total imports. It was followed by Singapore, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +9.6%. In the other countries, the average annual rates were as follows: Democratic People's Republic of Korea (+78.2% per year) and Singapore (+13.1% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2021, reducing by -25.9% against the previous year. Over the period under review, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 119% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+40.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :