Report Update Nov 1, 2024

Thailand - Rough Watch Movements - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Rough Watch Movements Market 2024

Rough Watch Movements Market Size in Thailand

The Thai rough watch movements market dropped to $X in 2021, shrinking by -3% against the previous year. In general, consumption recorded a perceptible expansion. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Rough Watch Movements Production in Thailand

In value terms, rough watch movements production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 30%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Rough Watch Movements Exports

Exports from Thailand

Rough watch movements exports from Thailand dropped to X units in 2021, with a decrease of -13.8% compared with 2020. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by 704%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, rough watch movements exports fell sharply to $X in 2021. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 379%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X units) was the main destination for rough watch movements exports from Thailand, accounting for a 100% share of total exports. It was followed by Myanmar (X units), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Japan amounted to +42.8%.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan stood at +177.0%.

Export Prices by Country

In 2021, the average rough watch movements export price amounted to $X per unit, shrinking by -18.6% against the previous year. Over the period under review, the export price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2020 an increase of 126% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Myanmar ($X per unit), while the average price for exports to Japan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Rough Watch Movements Imports

Imports into Thailand

In 2021, purchases abroad of rough watch movements decreased by -58.1% to X units, falling for the third consecutive year after five years of growth. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 167% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, rough watch movements imports reduced rapidly to $X in 2021. In general, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2018 with an increase of 255% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) was the main supplier of rough watch movements to Thailand, with a 94% share of total imports. Moreover, rough watch movements imports from Japan exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Japan amounted to +35.8%.

In value terms, Japan ($X) constituted the largest supplier of rough watch movements to Thailand, comprising 83% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with an 8.5% share of total imports. It was followed by Switzerland, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-25.6% per year) and Switzerland (-20.9% per year).

Import Prices by Country

In 2021, the average rough watch movements import price amounted to $X per unit, reducing by -63.4% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 187%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rough watch movements in the world?

The country with the largest volume of rough watch movements consumption was South Korea, accounting for 55% of total volume. Moreover, rough watch movements consumption in South Korea exceeded the figures recorded by the second-largest consumer, Israel, fivefold. Japan ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of rough watch movements in the world?

The countries with the highest volumes of rough watch movements production in 2021 were Japan, Switzerland and China, with a combined 84% share of global production.

What are the leading suppliers of rough watch movements to Thailand?

In value terms, Japan $154) constituted the largest supplier of rough watch movements to Thailand.

What are the leading importers of rough watch movements from Thailand?

In value terms, Myanmar remains the key foreign market for rough watch movements exports from Thailand, comprising 76% of total exports. The second position in the ranking was occupied by Switzerland, with a 9.9% share of total exports. It was followed by China, with a 4.3% share.

What is the average export price for rough watch movements in Thailand?

The average rough watch movements export price stood at $35 per unit in 2019, with an increase of 14% against the previous year.

What is the average import price for rough watch movements in Thailand?

In 2019, the average rough watch movements import price amounted to $19 per unit, falling by -5.2% against the previous year.

This report provides an in-depth analysis of the rough watch movements market in Thailand. 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 26522400 - Rough watch movements

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023