Germany: Rough Watch Movements Market 2025

Rough Watch Movements Market Size in Germany

The German rough watch movements market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption showed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Rough Watch Movements Production in Germany

In value terms, rough watch movements production amounted to $X in 2021 estimated in export price. Overall, production showed a abrupt shrinkage. The growth pace was the most rapid in 2019 with a decrease of -65% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Rough Watch Movements Exports

Exports from Germany

After three years of growth, shipments abroad of rough watch movements decreased by -69.8% to X units in 2019. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 1,613%. As a result, the exports attained the peak of X units, and then shrank rapidly in the following year.

In value terms, rough watch movements exports shrank rapidly to $X in 2019. Over the period under review, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 680%. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

Luxembourg (X units) was the main destination for rough watch movements exports from Germany, with a 93% share of total exports. It was followed by the Czech Republic (X units), with a 2.4% share of total exports. The third position in this ranking was held by France (X units), with a 2.4% share.

From 2012 to 2019, the average annual growth rate of volume to Luxembourg amounted to +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+23.2% per year) and France (-98.9% per year).

In value terms, Luxembourg ($X) emerged as the key foreign market for rough watch movements exports from Germany, comprising 83% of total exports. The second position in the ranking was taken by France ($X), with a 12% share of total exports. It was followed by Switzerland, with a 4.5% share.

From 2012 to 2019, the average annual growth rate of value to Luxembourg totaled +46.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-89.5% per year) and Switzerland (-23.6% per year).

Export Prices by Country

In 2019, the average rough watch movements export price amounted to $X per unit, with an increase of 94% against the previous year. In general, the export price showed a significant increase. The growth pace was the most rapid in 2013 an increase of 113%. The export price peaked at $X per unit in 2017; however, from 2018 to 2019, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France (+904.7%), while the prices for the other major destinations experienced more modest paces of growth.

Rough Watch Movements Imports

Imports into Germany

In 2021, supplies from abroad of rough watch movements increased by 369% to X units, rising for the second year in a row after two years of decline. Overall, imports saw a moderate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rough watch movements imports skyrocketed to $X in 2021. In general, imports, however, saw a deep slump. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Japan (X units), Switzerland (X units) and China (X units) were the main suppliers of rough watch movements imports to Germany, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +45.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rough watch movements suppliers to Germany were Switzerland ($X), Japan ($X) and China ($X), together comprising 92% of total imports.

Japan, with a CAGR of +23.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average rough watch movements import price amounted to $X per unit, shrinking by -4.9% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 234% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-7.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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