Switzerland - Plastic or Non-Precious Metal Watches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Plastic or Non-Precious Metal Watch in Switzerland - 2023
Contents:
- Price for Plastic or Non-Precious Metal Watch in Switzerland (FOB) - 2023
- Price for Plastic or Non-Precious Metal Watch in Switzerland (CIF) - 2023
- Exports of Plastic or Non-Precious Metal Watch in Switzerland
- Imports of Plastic or Non-Precious Metal Watch in Switzerland
Price for Plastic or Non-Precious Metal Watch in Switzerland (FOB) - 2023
The average export price for plastic or non-precious metal watches stood at $1,031 per unit in September 2023, increasing by 3.8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 18% month-to-month. The export price peaked at $1,214 per unit in February 2023; afterwards, it flattened through to September 2023.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Singapore ($2,747 per unit), while the average price for exports to Belgium ($288 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Plastic or Non-Precious Metal Watch in Switzerland (CIF) - 2023
The average import price for plastic or non-precious metal watches stood at $385 per unit in September 2023, falling by -23.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 31% against the previous month. As a result, import price reached the peak level of $504 per unit, and then fell dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,327 per unit), while the price for China ($57.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Plastic or Non-Precious Metal Watch in Switzerland
In 2022, approx. 15M units of plastic or non-precious metal watches were exported from Switzerland; reducing by -1.7% compared with 2021 figures. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. The exports peaked at 20M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, plastic or non-precious metal watch exports expanded sharply to $15.8B in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Plastic or Non-Precious Metal Watch in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,529 | 1,371 | 2,100 | 2,566 | 18.8% |
| China | 1,462 | 1,908 | 2,261 | 1,840 | 8.0% |
| Hong Kong SAR | 1,473 | 1,018 | 1,275 | 1,053 | -10.6% |
| United Kingdom | 798 | 676 | 908 | 1,050 | 9.6% |
| Japan | 1,026 | 785 | 882 | 1,038 | 0.4% |
| Singapore | 709 | 517 | 739 | 925 | 9.3% |
| Germany | 716 | 598 | 708 | 827 | 4.9% |
| United Arab Emirates | 628 | 531 | 754 | 661 | 1.7% |
| France | 483 | 357 | 505 | 644 | 10.1% |
| Italy | 594 | 439 | 570 | 634 | 2.2% |
| South Korea | 716 | 442 | 579 | 535 | -9.3% |
| Spain | 247 | 170 | 224 | 263 | 2.1% |
| Turkey | 96.4 | 88.3 | 123 | 166 | 19.9% |
| Others | 3,113 | 2,548 | 3,373 | 3,641 | 5.4% |
| Total | 13,591 | 11,448 | 15,001 | 15,844 | 5.2% |
Top Export Markets for Plastic or Non-Precious Metal Watch from Switzerland in 2022:
- United States (2.4M units)
- China (1.9M units)
- Italy (0.9M units)
- France (0.9M units)
- Germany (0.9M units)
- United Kingdom (0.8M units)
- United Arab Emirates (0.6M units)
- Hong Kong SAR (0.5M units)
- Japan (0.5M units)
- Singapore (0.4M units)
- South Korea (0.4M units)
- Spain (0.4M units)
- Turkey (0.3M units)
Imports of Plastic or Non-Precious Metal Watch in Switzerland
In 2022, approx. 1.7M units of plastic or non-precious metal watches were imported into Switzerland; with a decrease of -5% on 2021. Over the period under review, imports showed a abrupt contraction. The smallest decline of -3.3% was in 2021. Over the period under review, imports attained the maximum at 2.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, plastic or non-precious metal watch imports contracted to $649M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of $692M, and then fell in the following year.
| Import of Plastic or Non-Precious Metal Watch in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 57.0 | 50.5 | 46.1 | 70.1 | 7.1% |
| United States | 60.0 | 53.9 | 56.1 | 66.5 | 3.5% |
| Italy | 35.0 | 26.0 | 38.3 | 61.3 | 20.5% |
| China | 53.4 | 48.4 | 90.8 | 60.3 | 4.1% |
| France | 46.5 | 43.6 | 67.5 | 56.2 | 6.5% |
| Germany | 57.8 | 45.7 | 47.4 | 42.3 | -9.9% |
| Singapore | 13.7 | 8.6 | 13.2 | 27.6 | 26.3% |
| Taiwan (Chinese) | 9.9 | 8.7 | 17.1 | 22.3 | 31.1% |
| United Arab Emirates | 24.1 | 36.9 | 57.9 | 21.0 | -4.5% |
| Spain | 11.8 | 6.5 | 11.3 | 7.5 | -14.0% |
| Vietnam | 0.1 | 3.1 | 8.1 | 7.2 | 316.0% |
| Philippines | 2.6 | 2.7 | 4.8 | 6.1 | 32.9% |
| Others | 176 | 165 | 233 | 201 | 4.5% |
| Total | 548 | 499 | 692 | 649 | 5.8% |
Top Suppliers of Plastic or Non-Precious Metal Watch to Switzerland in 2022:
- China (955.9K units)
- Germany (117.0K units)
- Taiwan (Chinese) (79.0K units)
- Hong Kong SAR (70.4K units)
- Vietnam (58.4K units)
- Philippines (57.8K units)
- Italy (46.9K units)
- Spain (44.1K units)
- Singapore (38.6K units)
- United States (28.7K units)
- France (23.8K units)
- United Arab Emirates (14.7K units)
This report provides an in-depth analysis of the market for plastic or non-precious metal watch in Switzerland. 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 26521200 - Other wrist-watches, pocket-watches and other watches, i ncluding stop-watches
Country coverage:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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