Overview of Swiss Watch Exports
Swiss watch exports experienced a notable decline in May, following remarkable sales figures in April. This downturn impacts key markets like the US, China, Japan, and Hong Kong. Despite this drop, the year-to-date figures show a moderate growth of 1.1 percent.
This decline in watch exports signals a potential shift in consumer demand. The impressive sales in April had set high expectations, making this downturn more pronounced. As we analyze the global market, it’s crucial to monitor these trends closely to understand their implications on the Swiss watch industry.
