EU: Watch Glasses Market 2020

Watch Glasses Market Size in the EU

The revenue of the watch glasses market in the European Union amounted to $X in 2017, declining by -X% against the previous year. The watch glasses consumption continues to indicate a strong expansion. The growth pace was the most rapid in 2009, with an increase of X% against the previous year. The level of watch glasses consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Watch Glasses Production in the EU

The watch glasses production stood at X units in 2017, approximately reflecting the previous year. The watch glasses production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when the output figure increased by X% year-to-year. In that year, the watch glasses production attained their peak volume, and is likely to continue its growth in the immediate term.

Watch Glasses Exports in the EU

In 2017, approx. X units of clock or watch glasses and glasses for spectacles were exported in the European Union; jumping by X% against the previous year. The watch glasses exports continue to indicate a deep descent. The growth pace was the most rapid in 2017, with an increase of X% against the previous year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, watch glasses exports totaled $X in 2017. The watch glasses exports continue to indicate a drastic shrinkage. Over the period under review, the watch glasses exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Watch Glasses Exports by Country in the EU

In 2017, France (X units) represented the main exporter for clock or watch glasses and glasses for spectacles, committing X% of total exports. It was distantly followed by Germany (X units), mixed up X% share of total exports. Italy (X units), the UK (X units) and the Netherlands (X units) took the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest watch glasses markets worldwide were Germany ($X), France ($X) and the UK ($X), with a combined X% share of total exports. These countries were followed by the Netherlands and Italy, which together accounted for a further X%.

Among the main exporting countries , the Netherlands (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Watch Glasses Export Prices by Country in the EU

In 2017, the watch glasses export price in the European Union amounted to $X per unit, coming down by -X% against the previous year. The watch glasses export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Over the period under review, the export prices for clock or watch glasses and glasses for spectacles reached its maximum level of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per unit), while France ($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 the UK (+X% per year), while the other leaders experienced more modest paces of growth.

Watch Glasses Imports in the EU

The imports amounted to X units in 2017, lowering by -X% against the previous year. The watch glasses imports continue to indicate a temperate decline. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the watch glasses imports reached its maximum volume of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, watch glasses imports stood at $X in 2017. The watch glasses imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Watch Glasses Imports by Country in the EU

In 2017, Italy (X units) represented the key importer for clock or watch glasses and glasses for spectacles, committing X% of total imports. Spain (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Hungary (X%), Germany (X%) and France (X%). The following importers - Estonia (X units), the Netherlands (X units), the Czech Republic (X units), the UK (X units), Portugal (X units) and Romania (X units) together made up X% of total imports.

Italy experienced a relatively flat trend pattern of clock or watch glasses and glasses for spectacles imports. At the same time, Estonia (+X%), the Netherlands (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. France experienced a relatively flat trend pattern. By contrast, Spain (-X%), Germany (-X%), the UK (-X%), Portugal (-X%), Hungary (-X%) and Romania (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Romania, Hungary, the UK, Portugal and Spain increased by X%, X%, X%, X% and X% percentage points, while the Czech Republic (-X%), the Netherlands (-X%) and Estonia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported clock or watch glasses and glasses for spectacles in the European Union, making up X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Italy amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and Germany (-X% per year).

Watch Glasses Import Prices by Country in the EU

In 2017, the watch glasses import price in the European Union amounted to $X per unit, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The level of import price peaked of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per unit), while Estonia ($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 Portugal (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform