EU: Rough Watch Movements Market 2025

Rough Watch Movements Market Size in the EU

The EU rough watch movements market surged to $X in 2021, jumping by 32% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +77.1% against 2014 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Rough Watch Movements Production in the EU

In value terms, rough watch movements production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 30% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Rough Watch Movements Exports

Exports in the EU

In 2021, exports of rough watch movements in the European Union totaled X units, picking up by 11% on 2020 figures. Overall, exports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 178%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, rough watch movements exports surged to $X in 2021. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France prevails in exports structure, reaching X units, which was approx. 83% of total exports in 2021. It was distantly followed by Italy (X units) and Sweden (X units), together achieving a 14% share of total exports. The Czech Republic (X units) took a relatively small share of total exports.

France was also the fastest-growing in terms of the rough watch movements exports, with a CAGR of +33.4% from 2012 to 2021. At the same time, Sweden (+33.1%) and Italy (+23.7%) displayed positive paces of growth. By contrast, the Czech Republic (-30.2%) illustrated a downward trend over the same period. France (+79 p.p.), Italy (+8.4 p.p.) and Sweden (+4.9 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by -26.8% from 2012 to 2021, respectively.

In value terms, France ($X) remains the largest rough watch movements supplier in the European Union, comprising 58% of total exports. The second position in the ranking was taken by Sweden ($X), with a 29% share of total exports. It was followed by Italy, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value in France amounted to +28.8%. In the other countries, the average annual rates were as follows: Sweden (+64.9% per year) and Italy (+60.8% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, jumping by 124% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2020 when the export price increased by 462%. The level of export peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+30.0%), while the other leaders experienced more modest paces of growth.

Rough Watch Movements Imports

Imports in the EU

In 2021, supplies from abroad of rough watch movements increased by 82% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 302%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, rough watch movements imports surged to $X in 2021. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

France (X units) and Spain (X units) dominates imports structure, together committing 88% of total imports. Italy (X units), Germany (X units), Belgium (X units), Hungary (X units) and Poland (X units) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +78.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rough watch movements importing markets in the European Union were France ($X), Spain ($X) and Belgium ($X), together accounting for 78% of total imports.

Spain, with a CAGR of +107.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, reducing by -25.2% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2014 when the import price increased by 72%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+16.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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