The export of Swiss watches in May increased by 14.4%


The export of Swiss watches in May increased by 14.4% | Chrono 10:10 23 June 2023

Since the beginning of the year, the total result has amounted to $12.2 billion, which is 11.3% more than in May last year. Let's consider in detail:

- Demand for watches with precious metal cases remains consistently strong, with growth of +19.8% in May

- Watches in bicolor cases also showed an increase of + 8.1%

- Category "Other materials" grew + 74%

- The total number of watches shipped in May was 230,000 pieces, up 19.7% from last year. Since the beginning of the year, there has been an increase of 840,000 units (+14.6%)

- In Europe, the export of Swiss watches increased by an average of 8.8%, Italy showed an increase of +23.1%

Share:


Last blogs

INTERNATIONAL GUARANTEE FOR WATCHES. WHAT IS THIS AND HOW IT WORKS.

INTERNATIONAL GUARANTEE FOR WATCHES. WHAT IS THIS AND HOW IT WORKS.

Everyone in his life at least once bought a watch or thought about buying them. Of course, when buying cheap accessories, we rarely worry about how long they will work, and quite another thing, when it is an expensive product, worth several thousand and sometimes several tens of thousands. In this case, the important issue is the warranty. In this article, we will talk about what an international guarantee is and what it represents.

More
QUARTZ OR MECHANICAL WATCHES. PLUSES AND MINUSES MECHANISMS.

QUARTZ OR MECHANICAL WATCHES. PLUSES AND MINUSES MECHANISMS.

Often when choosing a watch from a customer, the question arises - “Which watch is better? Quartz or mechanical? ”To give a reasonable answer you should first understand what these mechanisms are, and what are the pros and cons of their work.

More
Why 10:10?

Why 10:10?

The hands of any advertised watch always strike the same time - 10:10. There are a lot of versions and most of them are grounded and reasonable. According to the most popular version, the clock hands at this position remind

More