Southern Asia - Precious Metal Watches - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Precious Metal Watch Market 2024
Precious Metal Watch Market Size in Southern Asia
In 2022, the South Asian precious metal watch market increased by 59% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a temperate expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.
Precious Metal Watch Production in Southern Asia
In value terms, precious metal watch production dropped notably to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 with an increase of 68,677%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.
Precious Metal Watch Exports
Exports in Southern Asia
After three years of decline, overseas shipments of precious metal watches increased by 51% to X units in 2022. Over the period under review, exports, however, faced a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of 143%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
In value terms, precious metal watch exports fell sharply to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 50%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Sri Lanka (X units) and India (X units) represented roughly 85% of total exports in 2022. It was distantly followed by Pakistan (X units), achieving a 14% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +33.1%), while shipments for the other leaders experienced mixed trends in the exports figures.
In value terms, the largest precious metal watch supplying countries in Southern Asia were Pakistan ($X), India ($X) and Sri Lanka ($X), with a combined 99% share of total exports.
In terms of the main exporting countries, Pakistan, with a CAGR of +39.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.
Export Prices by Country
The export price in Southern Asia stood at $X per unit in 2022, dropping by -55.4% against the previous year. In general, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2014 an increase of 101%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.2%), while the other leaders experienced mixed trends in the export price figures.
Precious Metal Watch Imports
Imports in Southern Asia
In 2022, precious metal watch imports in Southern Asia soared to X units, increasing by 116% compared with the previous year's figure. Overall, imports recorded a prominent expansion. The growth pace was the most rapid in 2017 with an increase of 181% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.
In value terms, precious metal watch imports rose sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
India was the largest importing country with an import of around X units, which amounted to 63% of total imports. It was distantly followed by Pakistan (X units), mixing up a 36% share of total imports.
From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +55.7%).
In value terms, India ($X) constitutes the largest market for imported precious metal watches in Southern Asia, comprising 83% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 7.5% share of total imports.
In India, precious metal watch imports decreased by an average annual rate of -6.3% over the period from 2012-2022.
Import Prices by Country
In 2022, the import price in Southern Asia amounted to $X per unit, with a decrease of -46.8% against the previous year. In general, the import price continues to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2015 when the import price increased by 47%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Pakistan stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-14.4%).
Source: IndexBox Platform
This report provides an in-depth analysis of the precious metal watch market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521100 - Wrist-watches, pocket-watches, with case of precious metal or of metal clad with precious metal
Country coverage:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
