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Swiss Watch Exports January-June 2014

The Federation of the Swiss Watch Industry released the figures of Swiss watch exports in the first half of year 2014 and results are very favourable. Exports once again passed the 10 billion Swiss Francs mark, with a result of 10.532 billion, corresponding to a growth of 3.0% compared to the first half of 2013. More specifically the growth was +4.6% for the first quarter and +1.6% for the second.

Growth was buoyed almost exclusively by Asia (+5.1%) with Europe stagnating from January to June and the American continent showing a small increase (+0.6%).

Mechanical watches keep recording increases both by value (+5.2%) and by volume (+7.4%), whereas quartz watches showed a negative result on both counts (-5.5% and -1.6% respectively).


Only watches costing less than 200 Swiss Francs (export price) registered a decline (-1.4% in volume terms). The 200-500 Swiss Francs segment recorded the strongest increases, particularly with a rise of 6.2% by volume. Timepieces between 500 and 3,000 Swiss Francs saw their value increase by 1.3%, while the corresponding figure for watches costing more than 3,000 Swiss Francs was 3.7%.

The table below shows the trend in the first half of 2014 in the fifteen main markets (total value in million Swiss Francs and % variation by comparison with the first half of 2013):

1
Hong Kong 2,007.5 +4.4%
2
USA 1,111.4 +2.5%
3
Japan 657.6 +25.5%
4
China 649.4 -4.2%
5
Italy 588.4 +2.0%
6
Germany 578.3 -4.9%
7
France 531.0 -5.3%
8
UAE 520.5 +8.8%
9
Singapore 515.8 -2.0%
10
United Kingdom 435.2 +0.3%
11
South Korea 292.9 +25.4%
12
Spain 215.5 +7.5%
13
Taiwan 213.3 -2.9%
14
Saudi Arabia 183.5 +0.4%
15
Russia 132.0 +5.3%

Japan and South Korea continue their record-breaking trend with the largest increases.

Forecasts for 2014 remain positive overall, even indicating a possible acceleration in the second half-year.

COMMENTS

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Name

A. Lange & Sohne,49,AkriviA,6,alarm,3,Alpina,7,Andersmann,1,Andreas Strehler,4,Angelus,3,annual calendar,22,Anonimo,2,Antoine Martin,2,Antoine Preziuso,1,Apple,1,Apple Watch,1,Aquadive,1,Armin Strom,21,Arnold and Son,18,Astarwatch,1,Ateliers deMonaco,2,Auctions,43,Audemars Piguet,23,Autodromo,1,BaselWorld 2013,50,BaselWorld 2014,53,Baselworld 2015,69,Baselworld 2016,27,Baselworld 2017,64,Baume et Mercier,15,Bell & Ross,14,Bernard Lederer Universe,1,Blancpain,22,BLU,1,blue dial,2,Bovet,3,Brands histories,1,Breguet,37,Breitling,31,Bremont Watch Company,3,Breva,2,bronze,2,Bücherei,1,Bulgari,23,Burberry,1,C3H5N3O9,1,carillon,1,Carl F. Bucherer,2,Carrera,4,Cartier,34,ceramic,1,Chaumet,2,chiming hour,2,Chopard,19,Christie's,1,Christophe Claret,5,Christopher Ward,3,chronograph,254,chronometer,19,Chronoswiss,3,Citizen,2,co-axial,1,column-wheel,7,complete calendar,2,complications,53,concept watch,4,Concord,1,constant-force,21,Corum,11,CSEM,1,Czapek,1,Daytona,1,De Bethune,11,de Grisogono,2,dead seconds,13,detent escapement,2,DeWitt,7,diving watches,106,double regulator,1,drei,1,dress watches,184,dual time,63,Eberhard,9,Edox,1,El Primero,13,Emile Chouriet,1,Emmanuel Bouchet,1,enamel dial,3,enamelling,13,Equation of time,5,Eterna,17,exhibitions,1,F.P.Journe,14,Faberge,2,Favre-Leuba,1,features,19,Ferdinand Berthoud,1,flyback,28,Fondation de la Haute Horlogerie,1,Fortis,3,Franck Muller,5,Frederique Constant,5,Geneva Watchmaking Grand Prix,8,Georg Jensen,1,George Daniels,2,Girard-Perregaux,34,Glashuette,14,Glashütte,25,Glashütte Original,27,Glycine,2,GMT,46,GPHG,3,Graham,5,Grand Feu,1,Grand Prix d’Horlogerie de Geneve,7,Grand Seiko,5,Grande Complication,16,Grande Sonnerie,2,Greubel Forsey,16,Gronefeld,5,Grönefeld,5,Grossmann,3,guilloché,1,H. Moser and Cie,17,Habring,4,Habring2,5,Hajime Asaoka,1,Hallmark of Geneva,1,Hamilton,9,hands-on,4,Harry Winston,8,Hautlence,2,Hermes,9,high jewellery,1,Hublot,9,Hybris Artistica,1,Hydro Mechanical Horologists,7,HYT Watches,11,Icon,1,independent watchmaker,3,industry news,74,IWC,55,Jaeger-LeCoultre,64,Jaquet Droz,12,JeanRichard,3,jumping hours,18,Junghans,5,Kaj Korpela,1,Kari Voutilainen,4,Korpela,1,Krayon,1,Ladies watches,66,Lang & Heyne,1,Lange,6,large date,1,Laurent Ferrier,10,Le Garde Temps,1,Lemania,1,Leroy,3,Linde Werdelin,1,Longines,27,Louis Moinet,4,LVMH,2,Maîtres du Temps,1,Manufacture Contemporaine du Temps,3,Manufacture Royale,3,marine chronometer,1,Maurice de Mauriac,1,Maurice Lacroix,5,MB&F,19,MCT,1,MeisterSinger,19,metiers d'art,1,mido,1,military watches,6,Minute Repeater,31,Montblanc,34,moon phases,58,Moritz Grossmann,15,Moser,17,Muhle,3,Mühle-Glashütte,3,mystery watches,2,Nautilus,2,New Britain Corp,1,new watches,1340,Nomos,12,Ochs und Junior,3,Officine Panerai,42,Omega,42,Only Watch,2,Only Watch 2015,4,Only Watch 2017,2,Oris,21,Panerai,15,Parmigiani Fleurier,13,Pascal Coyon,1,Patek,1,Patek Philippe,48,perpetual calendar,60,Perrelet,4,Philippe Dufour,1,Phillips,1,Piaget,14,Pierre DeRoche,1,pilot watch,46,platinum,1,pocket watch,1,pocket watches,2,Poincon de Geneve,1,Porsche Design,10,Pre-SIHH 2016: Cartier - Clé de Cartier Automatic Skeleton,1,pulsometer,4,quartz,2,Rado,3,Ralf Tech,2,Ralph Lauren,2,rattrapante,13,Raul Pages,1,Raymond Weil,1,rectangular watches,2,regulator,10,remontoire,2,resonance,2,Ressence,4,retrograde,2,Revelation,1,Reverso,12,Richard Mille,35,Richmond,1,Roger Dubuis,10,Roger Smith,1,Roger W. Smith,1,Rolex,23,Romain Gauthier,5,Romain Jerome,1,Royal Oak,13,Rudis Sylva,1,Seiko,8,SevenFriday,2,SIHH 2012,4,SIHH 2013,25,SIHH 2014,36,SIHH 2015,43,SIHH 2016,44,SIHH 2017,40,SIHH 2018,1,Singer,1,Singer Reimagined,1,single hand,2,single-hand watches,4,Sinn,7,skeleton,11,smartwatch,6,solar energy,1,Sotheby's,2,Speake-Marin,3,Speedmaster,8,split seconds,4,sport watches,287,squelette,32,steampunk,1,striking time,8,SuisseMecanica,1,Swatch,2,Swatch Group,3,table clocks,1,Tag Heuer,51,terra Cielo Mare,1,Tiffany,10,top news,20,Torsti Laine,1,tourbillon,175,Tudor,8,ultra thin,21,Ulysse Nardin,22,Union Glashutte,1,Urban Jurgensen,11,Urwerk,11,Vacheron Constantin,55,Van Cleef & Arpels,5,Vauchier Fleurier,1,Vianney Halter,3,Vulcain,9,wandering hours,1,Watches & Wonders,14,Watches&Wonders,1,worldtime,23,Zenith,35,Zodiac,1,
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Time and Watches: Swiss Watch Exports January-June 2014
Swiss Watch Exports January-June 2014
The Federation of the Swiss Watch Industry released the figures of Swiss watch exports in the first half of year 2014 and results are very favourable. Exports once again passed the 10 billion Swiss Francs mark, with a result of 10.532 billion, corresponding to a growth of 3.0% compared to the first half of 2013.
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