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Swiss watch exports: January-October 2014 trend

October was a very good month for the Swiss watch industry based on data released by the Federation of the Swiss Watch Industry. Exports attained their highest monthly level with a value of 2.3 billion francs, an increase of 5.2% compared to October 2013. Considering the January-October period, the sector has recorded growth of 3.1%, to 18.4 billion francs.

Swiss watch exports: 12 months moving average


The positive trend was supported by an increased interest in gold and bimetallic watches. Steel timepieces also exceeded their 2013 level, albeit at a level below the sector average. Exports by volume also showed a marked dynamism, rising by 4.5%. Steel products and the category of other materials contributed strongly to this result.

Swiss watches exports by material in October 2014

Growth was buoyed by the lower and higher price segments. Between the two, the variation was slightly negative. Watches costing less than 200 francs (export price) recorded an increase by volume of 7.0%. Between 200 and 3,000 francs there were downturns in value and volume of 2.6% and 0.9% respectively. Timepieces costing more than 3,000 francs performed very well, with the value of exports rising by 8.0%.

The table below shows the trend in the January-October 2014 period in the fifteen main markets (total value in million Swiss Francs and % variation by comparison with the same period of 2013):

1
Hong Kong3,463.5+2.5%
2
USA1,995.2+5.5%
3
China1,205.5+2.5%
4
Japan1,119.1+19.1%
5
Italy1,013.1+0.8%
6
Germany1,008.4-6.1%
7
France920.1-4.5%
8
Singapore912.1-1.4%
9
UAE850.7+10.2%
10
United Kingdom786.3+0.9%
11
South Korea532.3+22.1%
12
Spain381.9+11.4%
13
Taiwan367.2+1.7%
14
Saudi Arabia326.3+11.2%
15
Russia233.7+5.0%

Japan and South Korea continue their record-breaking trend with the largest increases but they are not the only countries with double digit increases. Germany, France and Singapore register downturns.

COMMENTS

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Name

A. Lange & Sohne,52,AkriviA,6,alarm,3,Alpina,7,Andersmann,2,Andreas Strehler,4,Angelus,3,annual calendar,22,Anonimo,2,Antiquorum,1,Antoine Martin,2,Antoine Preziuso,1,Apple,1,Apple Watch,1,Aquadive,1,Armin Strom,22,Arnold and Son,18,Astarwatch,1,Ateliers deMonaco,2,Auctions,46,Audemars Piguet,26,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,Bonhams,1,Bovet,3,Brands histories,1,Breguet,38,Breitling,33,Bremont Watch Company,3,Breva,2,bronze,2,Bücherei,1,Bulgari,24,Burberry,1,C3H5N3O9,1,carillon,1,Carl F. Bucherer,2,Carrera,4,Cartier,35,ceramic,2,Chaumet,2,chiming hour,3,Chopard,21,Christie's,2,Christophe Claret,5,Christopher Ward,3,chronograph,264,chronometer,22,Chronoswiss,3,Citizen,2,co-axial,1,column-wheel,7,complete calendar,4,complications,53,concept watch,4,Concord,1,constant-force,23,Corum,11,CSEM,1,Czapek,1,Daytona,2,De Bethune,11,de Grisogono,2,dead seconds,14,detent escapement,2,DeWitt,7,diving watches,108,double regulator,1,drei,1,dress watches,196,dual time,67,Eberhard,9,Edox,1,El Primero,13,Emile Chouriet,1,Emmanuel Bouchet,1,enamel dial,5,enamelling,14,Equation of time,5,Eterna,17,exhibitions,1,F.P.Journe,14,Faberge,2,Favre-Leuba,1,feature article,2,features,21,Ferdinand Berthoud,2,flyback,28,Fondation de la Haute Horlogerie,1,Fortis,3,Franck Muller,5,Frederique Constant,6,Gallet,1,Geneva Watchmaking Grand Prix,8,Georg Jensen,1,George Daniels,2,Girard-Perregaux,35,Glashuette,14,Glashuette Original,1,Glashütte,27,Glashütte Original,29,Glycine,2,GMT,47,GoS,1,GoS Watches,1,GPHG,4,Graham,5,Grand Feu,2,Grand Prix d’Horlogerie de Geneve,8,Grand Seiko,6,Grande Complication,16,Grande Sonnerie,3,Greubel Forsey,17,Gronefeld,5,Grönefeld,5,Grossmann,3,guilloché,1,H. Moser and Cie,18,Habring,4,Habring2,5,Hajime Asaoka,1,Hallmark of Geneva,1,Hamilton,10,hands-on,6,Harry Winston,8,Hautlence,2,Hermes,10,high jewellery,1,Hublot,10,Hybris Artistica,1,Hydro Mechanical Horologists,7,HYT Watches,12,Icon,1,independent watchmaker,3,industry news,79,IWC,58,Jaeger-LeCoultre,67,Jaquet Droz,12,JeanRichard,3,jumping hours,18,Junghans,5,Kaj Korpela,1,Kari Voutilainen,4,Korpela,1,Krayon,1,Ladies watches,68,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 Erard,1,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,20,MCT,1,MeisterSinger,20,metiers d'art,1,mido,2,military watches,6,Minerva,1,Ming,1,Minute Repeater,31,Montblanc,37,moon phases,59,Moritz Grossmann,17,Moser,18,Muhle,3,Mühle-Glashütte,3,mystery watches,2,Nautilus,2,New Britain Corp,1,new watches,1399,Nomos,14,Ochs und Junior,3,Officine Panerai,43,Omega,50,Only Watch,2,Only Watch 2015,4,Only Watch 2017,2,Oris,21,Panerai,16,Parmigiani Fleurier,14,Pascal Coyon,1,Patek,2,Patek Philippe,51,perpetual calendar,60,Perrelet,4,Philippe Dufour,1,Phillips,2,Piaget,15,Pierre DeRoche,1,pilot watch,48,platinum,1,pocket watch,2,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,4,Ralf Tech,2,Ralph Lauren,2,rattrapante,13,Raul Pages,1,Raymond Weil,1,rectangular watches,3,regulator,12,remontoire,2,resonance,2,Ressence,4,retrograde,2,Revelation,1,Reverso,13,Richard Mille,37,Richmond,1,Roger Dubuis,11,Roger Smith,1,Roger W. Smith,1,Rolex,24,Romain Gauthier,5,Romain Jerome,1,Royal Oak,13,Rudis Sylva,1,Seiko,10,SevenFriday,2,SIHH 2012,4,SIHH 2013,25,SIHH 2014,36,SIHH 2015,43,SIHH 2016,44,SIHH 2017,40,SIHH 2018,12,Singer,1,Singer Reimagined,1,single hand,2,single-hand watches,4,Sinn,8,skeleton,11,smartwatch,6,solar energy,1,Sotheby's,3,Speake-Marin,3,Speedmaster,8,split seconds,4,sport watches,307,squelette,32,steampunk,1,striking time,8,SuisseMecanica,1,Swatch,2,Swatch Group,3,table clocks,2,Tag Heuer,53,terra Cielo Mare,1,Tiffany,10,top news,26,Torsti Laine,1,tourbillon,180,Tudor,9,Tutima,1,ultra thin,21,Ulysse Nardin,24,Union Glashutte,1,Urban Jurgensen,13,Urwerk,11,Vacheron Constantin,59,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-October 2014 trend
Swiss watch exports: January-October 2014 trend
October was a very good month for the Swiss watch industry based on data released by the Federation of the Swiss Watch Industry. Exports attained their highest monthly level with a value of 2.3 billion francs, an increase of 5.2% compared to October 2013. Considering the January-October period, the sector has recorded growth of 3.1%, to 18.4 billion francs.
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