![World - Rough Watch Movements - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/world-rough-watch-movements-market-analysis-forecast-size-trends-and-insights.webp)
World - Rough Watch Movements - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRough Watch Movements Market
The article discusses the depressed state of the global rough watch movements market, with forecasts indicating a decline in both volume and value. Consumption, production, imports, and exports are analyzed for various countries such as China, Hungary, the United States, and Portugal. The trends in consumption per capita, import prices, and average export prices are also highlighted, showcasing the fluctuations in the market over the past decade.
Market Forecast
Depressed by shrinking demand for rough watch movements worldwide, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -1.5% for the period from 2022 to 2030, which is projected to depress the market volume to 498K units by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +2.9% for the period from 2022 to 2030, which is projected to bring the market value to $189M (in nominal prices) by the end of 2030.
Consumption
World Consumption of Rough Watch Movements
In 2022, global rough watch movements consumption declined dramatically to 560K units, reducing by -80.3% on the year before. Overall, consumption faced a sharp shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 3.3%. As a result, consumption reached the peak volume of 6.1M units. From 2019 to 2022, the growth of the global consumption failed to regain momentum.
The global rough watch movements market value reduced sharply to $151M in 2022, with a decrease of -45.5% 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). In general, consumption continues to indicate a deep slump. Global consumption peaked at $504M in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Consumption By Country
The country with the largest volume of rough watch movements consumption was China (241K units), accounting for 43% of total volume. Moreover, rough watch movements consumption in China exceeded the figures recorded by the second-largest consumer, Hungary (93K units), threefold. The third position in this ranking was taken by the United States (46K units), with an 8.1% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at -27.2%. In the other countries, the average annual rates were as follows: Hungary (+87.4% per year) and the United States (+15.8% per year).
In value terms, Hong Kong SAR ($16M), Japan ($14M) and China ($13M) were the countries with the highest levels of market value in 2022, with a combined 28% share of the global market. Portugal, the United States, Spain and Hungary lagged somewhat behind, together comprising a further 5.7%.
Portugal, with a CAGR of +198.5%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
In 2022, the highest levels of rough watch movements per capita consumption was registered in Hungary (9.6 units per 1000 persons), followed by Hong Kong SAR (4.4 units per 1000 persons), Portugal (4.3 units per 1000 persons) and Spain (0.2 units per 1000 persons), while the world average per capita consumption of rough watch movements was estimated at 0.1 units per 1000 persons.
From 2012 to 2022, the average annual growth rate of the rough watch movements per capita consumption in Hungary stood at +87.7%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-0.7% per year) and Portugal (+175.4% per year).
Production
World Production of Rough Watch Movements
After two years of growth, production of rough watch movements decreased by -1.1% to 5.9M units in 2022. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1.1% against the previous year. Over the period under review, global production attained the maximum volume at 6.1M units in 2018; however, from 2019 to 2022, production failed to regain momentum.
In value terms, rough watch movements production fell to $506M in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 3.4% against the previous year. As a result, production reached the peak level of $507M. From 2020 to 2022, global production growth remained at a lower figure.
Production By Country
China (5.8M units) remains the largest rough watch movements producing country worldwide, comprising approx. 98% of total volume.
In China, rough watch movements production remained relatively stable over the period from 2012-2022.
Imports
World Imports of Rough Watch Movements
For the third year in a row, the global market recorded growth in supplies from abroad of rough watch movements, which increased by 105% to 667K units in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, rough watch movements imports expanded significantly to $8.3M in 2022. Over the period under review, imports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2015 with an increase of 69%. Global imports peaked at $9.9M in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports By Country
China (270K units) and the United States (182K units) represented roughly 68% of total imports in 2022. It was distantly followed by Hungary (93K units) and Portugal (45K units), together making up a 21% share of total imports. Spain (11K units) held a minor share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Portugal (with a CAGR of +175.0%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest rough watch movements importing markets worldwide were China ($1.7M), the United States ($927K) and Spain ($592K), together accounting for 38% of global imports. Portugal and Hungary lagged somewhat behind, together comprising a further 2.6%.
Among the main importing countries, Portugal, with a CAGR of +101.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average rough watch movements import price amounted to $12 per unit, dropping by -48.2% against the previous year. In general, the import price saw a sharp setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 45%. Over the period under review, average import prices attained the peak figure at $128 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($55 per unit), while Hungary ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-9.3%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Rough Watch Movements
In 2022, shipments abroad of rough watch movements increased by 74% to 6M units, rising for the second year in a row after four years of decline. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,611%. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, rough watch movements exports shrank significantly to $23M in 2022. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 351%. The global exports peaked at $42M in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.
Exports By Country
China prevails in exports structure, finishing at 5.8M units, which was near 97% of total exports in 2022. The United States (136K units) followed a long way behind the leaders.
China was also the fastest-growing in terms of the rough watch movements exports, with a CAGR of +58.0% from 2012 to 2022. At the same time, the United States (+53.9%) displayed positive paces of growth. While the share of China (+9.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($2.2M) remains the largest rough watch movements supplier worldwide, comprising 9.4% of global exports. The second position in the ranking was taken by the United States ($769K), with a 3.3% share of global exports.
In China, rough watch movements exports expanded at an average annual rate of +2.6% over the period from 2012-2022.
Export Prices By Country
The average rough watch movements export price stood at $3.9 per unit in 2022, dropping by -56.8% against the previous year. Over the period under review, the export price showed a dramatic contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 128% against the previous year. The global export price peaked at $487 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($5.6 per unit), while China stood at $0.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-20.7%).
This report provides an in-depth analysis of the global rough watch movements market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- 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
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
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
-
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
Nothing found. Please try again.