South-Eastern Asia: Watch Glasses Market 2020

Watch Glasses Market Size in South-Eastern Asia

The revenue of the watch glasses market in South-Eastern Asia amounted to $X in 2017, surging 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 drastic downturn. The growth pace was the most rapid in 2017, with an increase of X% against the previous year. Over the period under review, the watch glasses market attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Watch Glasses Exports in South-Eastern Asia

In 2017, approx. X units of clock or watch glasses and glasses for spectacles were exported in South-Eastern Asia; declining by -X% against the previous year. The watch glasses exports continue to indicate a pronounced growth. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. In that year, the watch glasses exports reached their peak volume of X units. From 2014 to 2017, growth of the watch glasses exports stood at a somewhat lower level.

In value terms, watch glasses exports amounted to $X in 2017. The watch glasses exports continue to indicate an abrupt reduction. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Watch Glasses Exports by Country in South-Eastern Asia

Malaysia was the key exporter of clock or watch glasses and glasses for spectacles in South-Eastern Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2017. It was distantly followed by Thailand (X units) and Singapore (X units), together committing X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to watch glasses exports from Malaysia stood at +X%. At the same time, Singapore (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Thailand experienced a relatively flat trend pattern. While the share of Singapore (-X%) and Malaysia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest watch glasses supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

In Thailand, watch glasses exports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Malaysia (-X% per year) and Singapore (+X% per year).

Watch Glasses Export Prices by Country in South-Eastern Asia

In 2017, the watch glasses export price in South-Eastern Asia amounted to $X per thousand units, rising by X% against the previous year. The watch glasses export price continues to indicate a deep slump. The growth pace was the most rapid in 2011, 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.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Thailand ($X per unit), while Malaysia ($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 Malaysia (-X% per year), while the other leaders experienced a decline in the export price figures.

Watch Glasses Imports in South-Eastern Asia

In 2017, the amount of clock or watch glasses and glasses for spectacles imported in South-Eastern Asia stood at X units, reducing by -X% against the previous year. The watch glasses imports continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, watch glasses imports totaled $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the watch glasses imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Watch Glasses Imports by Country in South-Eastern Asia

Thailand (X units) and Malaysia (X units) represented the key importers of clock or watch glasses and glasses for spectacles in 2017, accounting for approx. X% and X% of total imports, respectively. Singapore (X units) took the second position in the ranking, followed by the Philippines (X units) and Indonesia (X units). All these countries together took near X% share of total imports. Vietnam (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported clock or watch glasses and glasses for spectacles in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Singapore, with a X% share.

In Thailand, watch glasses imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Singapore (+X% per year).

Watch Glasses Import Prices by Country in South-Eastern Asia

The watch glasses import price in South-Eastern Asia stood at $X per unit in 2017, increasing by X% against the previous year. The watch glasses import price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2015, an increase of X% year-to-year. The level of import price peaked in 2017, and is likely to continue its growth in the immediate term.

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

Source: IndexBox Platform