CIS: Watch Glasses Market 2020

Watch Glasses Market Size in CIS

The revenue of the watch glasses market in CIS amounted to $X in 2017, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The watch glasses consumption continues to indicate a deep decline. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. In that year, the watch glasses market reached their peak level of $X. From 2011 to 2017, growth of the watch glasses market failed to regain its momentum.

Watch Glasses Exports in CIS

The exports totaled X units in 2017, coming up by X% against the previous year. The watch glasses exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, watch glasses exports amounted to $X in 2017. The watch glasses exports continue to indicate a deep drop. In that year, the watch glasses exports reached their peak level of $X. From 2014 to 2017, growth of the watch glasses exports failed to regain its momentum.

Watch Glasses Exports by Country in CIS

Belarus prevails in watch glasses exports structure, reaching X units, which was near X% of total exports in 2017. The following exporters - Moldova (X units) and Russia (X units) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to watch glasses exports from Belarus stood at +X%. At the same time, Moldova (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. While the share of Russia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Moldova (-X%) and Belarus (-X%) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest watch glasses supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Moldova, with a X% share.

In Belarus, watch glasses exports decreased by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (-X% per year) and Moldova (+X% per year).

Watch Glasses Export Prices by Country in CIS

In 2017, the watch glasses export price in CIS amounted to $X per unit, going down by -X% against the previous year. The watch glasses export price continues to indicate a deep downturn. The growth pace was the most rapid in 2016, an increase of X% against the previous year. The level of export price peaked of $X per unit in 2007; however, from 2008 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 Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Watch Glasses Imports in CIS

In 2017, the amount of clock or watch glasses and glasses for spectacles imported in CIS amounted to X units, waning by -X% against the previous year. The watch glasses imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. In that year, the watch glasses imports attained their peak volume of X units. From 2014 to 2017, growth of the watch glasses imports failed to regain its momentum.

In value terms, watch glasses imports totaled $X in 2017. The watch glasses imports continue to indicate a pronounced decrease. The level of imports peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Watch Glasses Imports by Country in CIS

In 2017, Russia (X units) was the key importer for clock or watch glasses and glasses for spectacles, making up X% of total imports. It was distantly followed by Kyrgyzstan (X units) and Belarus (X units), together making up X% share of total imports. Kazakhstan (X units) held the minor share of total imports.

Russia experienced a relatively flat trend pattern of clock or watch glasses and glasses for spectacles imports. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Belarus (X%) and Kazakhstan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Kyrgyzstan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest watch glasses markets worldwide were Russia ($X), Belarus ($X) and Kazakhstan ($X), with a combined X% share of total imports. These countries were followed by Kyrgyzstan, which accounted for a further X%.

Kyrgyzstan (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Watch Glasses Import Prices by Country in CIS

The watch glasses import price in CIS stood at $X per thousand units in 2017, flattening at the previous year. The watch glasses import price continues to indicate a significant decrease. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. Over the period under review, the import prices for clock or watch glasses and glasses for spectacles attained its peak figure level of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belarus ($X per unit), while Kyrgyzstan ($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 Belarus (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform