Economy |28 January 2011 11:13

Swiss watchmaking in December 2010







  • Share on Tumblr

Watch exports showed a high rate of growth in December 2010, despite a less favourable base effect. Their value, at 1.5 billion francs, exceeded by 25.8% the result achieved in December 2009. The year 2010 ended with a level of 16.2 billion francs, an increase of 22.1% compared to 2009. Results for the sector were therefore slightly above the value recorded in 2007.

Swiss watch exports in December 2010

Wristwatches by materialsThe value of wristwatch exports rose for all materials in December. Steel, gold and bimetallic were among the main drivers of growth. In volume terms, steel timepieces registered a strong increase, markedly influencing the overall result. Bimetallic products recorded the most pronounced growth. In total, Switzerland exported 430,000 more watches than in December 2009.

Wristwatches by price categories

All price segments performed well in December. The 200-500 franc range (export price) stood out with an increase approaching 60% both in value and volume terms.

Watch exports to Hong Kong continued their very pronounced upward trend, while the United States achieved virtually the same result as in December 2009. China showed particularly substantial growth, underlining still further a very strong trend. Still the number one destination in Europe, France recorded a performance well above average, while Italy stagnated and Germany only slightly exceeded its level of December 2009. In fifth position, Japan continued its spectacular recovery.

Source: www.fhs.ch

Ce qui ont lu cette article ont aussi lu:

Horlogerie suisse en octobre 2010
Horlogerie suisse en novembre 2010 Accélération de la croi...
Horlogerie Suisse en Janvier 2011
L'industrie horlogère suisse en mars 2011


Rejoignez la communauté des montres

Leave a Reply

You must be logged in to post a comment.