A monthly report on the health of Edinburgh's economy. Additional metadata: - Licence: http://reference.data.gov.uk/id/open-government-licence

With the aim of providing a broad-based economic analysis to policy makers and stakeholders, the Economic Institute of Cambodia (EIC) has great pleasure in presenting the latest issue of 'Cambodia economic watch'. This EIC series of publications not only serves as a policy-oriented research paper, but also as a reference for all readers who wish to gain a snapshot of the Cambodian economy or monitor its development. As in previous issues, this edition presents the latest economic performance and prospects based on the analysis of current data from many reliable sources. It takes an in-depth look at the trends of the main economic indicators and the progress of reform policies. It also highlights the urgent measures that need to be taken to address any of the problems encountered. In brief, the global crisis seems to show its severe impact on Cambodia since the last quarter of 2008. Thus, Cambodia's economic growth rate slowed significantly in 2008 due to slower growth of garment industry, construction sector and tourism. These trends are likely to carry over 2009, and thus a lower economic growth rate is also expected accordantly.

Between August and September 2023, senior executives in the Swiss watch industry were generally optimistic about the economic outlook over the next 12 months, with almost half of respondents saying that they were either somewhat or very positive. Around *********** were negative about the industry's outlook.

Economics: National Ocean Watch (ENOW) contains annual time-series data for over 400 coastal counties, 30 coastal states, 8 regions, and the nation, derived from the Bureau of Labor Statistics and the Bureau of Economic Analysis. It describes six economic sectors that depend on the oceans and Great Lakes and measures four economic indicators: Establishments, Employment, Wages, and Gross Domestic Product (GDP).

The global Used Watch Resale Service market is experiencing robust expansion, projected to reach approximately $15,000 million by 2025, with an impressive Compound Annual Growth Rate (CAGR) of 10% anticipated through 2033. This surge is primarily fueled by a confluence of escalating consumer demand for pre-owned luxury timepieces, a growing awareness of sustainability, and the increasing accessibility of online resale platforms. Consumers are actively seeking more affordable yet high-quality luxury watches, driven by economic considerations and a desire for unique or vintage pieces that are often unavailable through primary channels. The market's expansion is further bolstered by the digitalization of the luxury goods sector, where trusted online marketplaces are providing secure and transparent transaction environments for both buyers and sellers. This shift in consumer behavior, coupled with strategic initiatives from key players to enhance authentication processes and customer service, is solidifying the legitimacy and appeal of the pre-owned watch market. The market's growth trajectory is intricately linked to evolving consumer preferences and technological advancements. Key drivers include the increasing disposable income in emerging economies, particularly in the Asia Pacific region, and the widespread adoption of e-commerce, which has democratized access to luxury goods. The online resale service segment is poised for exceptional growth, leveraging digital marketing, influencer collaborations, and seamless user interfaces to attract a broad customer base. Conversely, while offline resale services maintain a loyal following, particularly for immediate transactions and personalized experiences, their growth is expected to be more moderate. Challenges such as concerns over authenticity and the complexity of the resale process are being systematically addressed by market leaders through sophisticated authentication technologies and robust return policies. Emerging trends like the demand for sustainable fashion and the circular economy are further accelerating adoption, positioning the used watch resale market as a significant and enduring segment within the broader luxury goods industry. This report delves deep into the dynamic Used Watch Resale Service market, spanning a study period from 2019 to 2033, with 2025 serving as both the base and estimated year. The forecast period extends from 2025 to 2033, building upon the historical data from 2019 to 2024. We will analyze the market's intricate landscape, from its concentration and key players to emerging trends and the driving forces behind its robust growth. The report aims to provide actionable insights for stakeholders navigating this multi-million dollar industry, which is projected to witness significant expansion.

Economics: National Ocean Watch (ENOW) contains annual time-series data for about 400 coastal counties, 30 coastal states, and the nation, derived from the Bureau of Labor Statistics and the Bureau of Economic Analysis. It describes six economic sectors that depend on the oceans and Great Lakes and measures four economic indicators: Establishments, Employment, Wages, and Gross Domestic Product (GDP).

Economics: National Ocean Watch (ENOW) contains annual time-series data for over 400 coastal counties, 30 coastal states, 8 regions, and the nation, derived from the Bureau of Labor Statistics and the Bureau of Economic Analysis. It describes six economic sectors that depend on the oceans and Great Lakes and measures four economic indicators: Establishments, Employment, Wages, and Gross Domestic Product (GDP). Nonemployer Statistics for Economics: National Ocean Watch (ENOW NES) contains annual time-series data for over 400 coastal counties, 30 coastal states, and the nation, derived from the United States Census Bureau. ENOW NES data report the number of nonemployer establishments and gross receipts, within the six sectors of the ocean and Great Lakes economy.

Indonesia Export: Value: Incomplete Watch Movements, Assembled data was reported at 0.001 USD mn in Feb 2021. This records a decrease from the previous number of 0.002 USD mn for Jan 2021. Indonesia Export: Value: Incomplete Watch Movements, Assembled data is updated monthly, averaging 0.001 USD mn from May 2019 (Median) to Feb 2021, with 4 observations. The data reached an all-time high of 0.006 USD mn in May 2019 and a record low of 0.001 USD mn in Feb 2021. Indonesia Export: Value: Incomplete Watch Movements, Assembled data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAH090: Foreign Trade: by HS 8 Digits: Export: HS91: Clock and Watches and Parts Thereof.

China Watch, Clock & Timing Device: Financial Expense: Year to Date data was reported at 0.066 RMB bn in Oct 2015. This records an increase from the previous number of 0.053 RMB bn for Sep 2015. China Watch, Clock & Timing Device: Financial Expense: Year to Date data is updated monthly, averaging 0.065 RMB bn from Dec 2003 (Median) to Oct 2015, with 97 observations. The data reached an all-time high of 0.239 RMB bn in Dec 2013 and a record low of 0.011 RMB bn in Feb 2015. China Watch, Clock & Timing Device: Financial Expense: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BIL: Instrument and Meter: Watch, Clock and Timing Device.

China Watch, Clock & Timing Device: YoY: Financial Expense: Year to Date data was reported at -54.721 % in Oct 2015. This records an increase from the previous number of -59.112 % for Sep 2015. China Watch, Clock & Timing Device: YoY: Financial Expense: Year to Date data is updated monthly, averaging 20.000 % from Jan 2006 (Median) to Oct 2015, with 89 observations. The data reached an all-time high of 141.264 % in Jul 2012 and a record low of -66.273 % in Feb 2015. China Watch, Clock & Timing Device: YoY: Financial Expense: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BIL: Instrument and Meter: Watch, Clock and Timing Device.

China Watch, Clock & Timing Device: YoY: New Product Value data was reported at -23.790 % in Dec 2010. This records a decrease from the previous number of 8.150 % for Nov 2010. China Watch, Clock & Timing Device: YoY: New Product Value data is updated monthly, averaging -6.485 % from Feb 2009 (Median) to Dec 2010, with 22 observations. The data reached an all-time high of 29.600 % in Dec 2009 and a record low of -40.420 % in May 2009. China Watch, Clock & Timing Device: YoY: New Product Value data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BIL: Instrument and Meter: Watch, Clock and Timing Device.

China Industrial Production: YoY: Watch data was reported at -1.600 % in Oct 2015. This records a decrease from the previous number of 6.400 % for Sep 2015. China Industrial Production: YoY: Watch data is updated monthly, averaging -1.100 % from Feb 2008 (Median) to Oct 2015, with 84 observations. The data reached an all-time high of 75.800 % in Mar 2010 and a record low of -23.200 % in Nov 2008. China Industrial Production: YoY: Watch data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BA: Industrial Production: Year on Year Change.

Volatile economic conditions have impacted jewelry and watch wholesalers in recent years. Elevated economic uncertainty, including weaker disposable income, growing unemployment and high consumer uncertainty, makes consumers more likely to postpone big-ticket purchases, including jewelry. Similarly, rising inflation placed downward pressure on consumers’ disposable income, further discouraging premium purchases. These unfavorable macroeconomic conditions have caused sales volume to weaken, although rising commodity prices have offset many of these losses. When economic conditions are uncertain, many consumers and investors aim to protect their resources through safe haven investments, such as purchasing valuable metals like gold and silver. This jump in demand led to skyrocketing metal prices, making jewelry more expensive to buyers. As a result, these rising costs have pushed distributors to charge higher prices, supporting revenue gains. However, many wholesalers have been unable to entirely pass down cost increases to customers, resulting in shrinking profit. Revenue is set to climb at an estimated CAGR of 3.4% to $59.0 billion through the end of 2025, including a 0.1% loss that year alone. Distributors have largely benefited from the globalized nature of the industry, with importing wholesalers strongly contributing to the jewelry supply chain. Distributors carrying imported pieces have also benefited from a strong dollar, making imported pieces comparatively more affordable. Despite this, disrupted supply chains, tariffs on imported goods and sanctions on conflict inputs continue to push purchase costs higher. The ongoing economic recovery is likely to benefit wholesalers. As disposable income rises and consumers become more confident about the future of the economy, demand for new jewelry and watches is forecast to continue climbing. Similarly, stabilizing economic conditions are forecast to result in falling precious metal prices, which, in turn, will lower jewelry prices and support revenue gains. During this time, distributors will curate their product offerings to appeal to growing markets, including consumers looking for more sustainable or affordable alternatives. These trends will cause revenue to strengthen at an estimated CAGR of 1.4% to $63.1 billion through 2030.

Nonemployer Statistics for Economics: National Ocean Watch (ENOW NES) contains annual time-series data for over 400 coastal counties, 30 coastal states, and the nation, derived from the United States Census Bureau. ENOW NES data report the number of nonemployer establishments and gross receipts, within the six sectors of the ocean and Great Lakes economy, .

According to Statista estimates, shared luxury watch market in the United States constituted approximately **** percent of the traditional luxury watches market in 2020. Share of this market over traditional market is forecast to increase continuously in the next five years, reaching to about **** percent in 2025.

China Exports of watch cases and to Switzerland was US$68.43 Million during 2024, according to the United Nations COMTRADE database on international trade. China Exports of watch cases and to Switzerland - data, historical chart and statistics - was last updated on December of 2025.

The Latin Macro Watch (LMW) is a comprehensive macroeconomic and financial dataset developed by the Inter-American Development Bank (IDB). It provides economic indicators and historical data on growth, employment, fiscal accounts, external balances, financial markets, and forecasts for Latin America and the Caribbean.

The dataset includes monthly, quarterly, and annual data beginning in 1990, covering the 26 borrowing member countries of the IDB. Users can explore variables such as GDP, consumption, trade, inflation, and debt to analyze macroeconomic trends and regional development patterns.

The Latin Macro Watch Dataset is currently undergoing a revision and enhancement process to improve data quality, coverage, and accessibility. Updated data will continue to be made available through the IDB Open Data Portal, enabling policymakers, researchers, and economists to make data-driven decisions.

NOAA’s Office for Coastal Management generates the Economics: National Ocean Watch (ENOW) dataset. It features time-series data focused on economic sectors that are dependent on the oceans and Great Lakes. The dataset is available for counties, states, territories, regions, and the nation in a variety of formats.This data view feeds into a web map and StoryMap, which explore the ENOW datasets for American Samoa, Guam, and the Northern Mariana Islands in depth.

According to Cognitive Market Research, The Global Wrist Watch market size is USD 63.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.30% from 2023 to 2030.

The demand for wrist watch is rising due to the growing use on sports.
Demand for smart watch remains higher in the wrist watch market.
The online held the highest wrist watch market revenue share in 2023.
North America will continue to lead, whereas the Europe wrist watch market will experience the strongest growth until 2030.

Growing Use of Smartwatches to Provide Viable Market Output

The wristwatch market is where smartwatch technology is always evolving and improving. Smartwatches have become a crucial market as consumers adopt wearables with connectivity, fitness tracking, and health monitoring features. Technological advancements, including blood oxygen level monitoring, ECG monitoring, and smartphone connectivity, pique consumer interest. These gadgets provide multifunctionality that complements contemporary lifestyles and tells the time. Like other wearables, smartwatches are jam-packed with capabilities that let users automate daily tasks. These functions include voice help, calling and messaging, navigation, pairing with other connected devices, and more. Smartwatches' operating system and user interface (UI) have seen significant technological advancements.

For instance, In July 2023, The Epix Pro Series of smartwatches was introduced by Garmin. This watch monitors exercise and health, has a 31-day battery life, an AMOLED crystal-clear display, and three watch designs with an integrated LED for illumination.

(Source: www.garmin.co.in/news/press-release/news-2023-jul-fenix7-epix/)

Fashion and Luxury Appeal to Propel Market Growth

The wristwatch market is the timeless appeal of wristwatches as status symbols and fashion accessories. Not only can luxury and designer watches serve as useful timepieces, but they are also physical representations of an individual's achievement and sense of style. This is why they continue to be popular. Consumers frequently view these watches as investments that increase in value over time. Traditional analog clocks have a timeless charm and meticulous craftsmanship that captivates collectors who value these timepieces' engineering and artistic merits. Watchmakers and high-end fashion businesses working together fosters innovation and consumer interest even more. These collaborations create a unique blend of technology and craftsmanship that appeals to customers looking for originality, sophistication, and a chance to express themselves through watchmaking.

Supermarket and Malls fuels the Market Growth

The growing footprint of organized retail outlets such as supermarkets, hypermarkets, and shopping malls is playing a significant role in driving wristwatch sales globally. These retail environments provide greater product visibility, wide-ranging brand options, and a more personalized shopping experience, allowing consumers to physically examine watch features, materials, and aesthetics before purchase. Malls, in particular, serve as high-traffic hubs that combine luxury watch boutiques and mid-range brand kiosks, thereby catering to diverse income segments in a single location. Additionally, in emerging economies, the increasing presence of modern retail chains has improved access to branded wristwatches in tier-2 and tier-3 cities, further accelerating market penetration. Promotions, festive discounts, and in-store brand activations in these venues also influence impulse purchases, boosting overall sales volume.

Market Dynamics of the Wrist Watch

Restrains of the Wrist Watch Market

Economic Uncertainty to Hinder Market Growth

The market for wristwatches is severely challenged by economic instability. Variations in the world economy, such as the COVID-19 pandemic's recent effects, can have a big impact on consumers' disposable income and purchasing habits. Demand for wristwatches, particularly in the high-end luxury market, may fall during recessions or other periods of unstable finances as customers prioritize spending on necessities over luxuries. To stay competitive and appeal to a wider range of customers, the market must modify its pricing tactics to overcome these obstacles. To weather economic challenges and preserve market viability, wristwatch makers and retailers...

Besides the fourth consecutive year of double digit economic growth realized in 2007, data from 2005 to 2007 also showed a successive decline in the rate of economic growth in Cambodia from 13.3 percent in 2005 to 10.2 percent in 2007. Available data for the first nine months of 2008 and current local and global economic trends suggest that Cambodia's economic growth is likely to continue to slow significantly in 2008. Cambodia's two main economic growth-supporting industries, garments and construction, are continuing their downward trend in 2008. External factors, such as fears of a recession in the US and the anticipated end of safeguarding measures, which were imposed by the US and EU against Chinese exports, are adversely affecting the growth of Cambodia's garment industry. Residential construction growth is expected to slow to a negative rate in 2008 and spark bubble risks, given drops in prices expected for residential construction and land, and housing loan credit restrictions. In the meantime, the number of foreign tourist arrivals in Cambodia is continuing to increase steadily, but at a slightly slower pace because of the global economic slowdown as well as current dispute along Thai and Cambodian border. The financial sector is still booming. And, the agricultural sector remains strong thanks to optimal weather conditions and expanding markets for agro-products. Still, investment in agro-industry has remained slim in 2008. In combination with soaring prices for imported raw materials and consumer goods during the year, Cambodia is expected to enjoy only moderate economic growth of 7 percent in 2008, 3.2 percent-point lower than that of 2007. The downward trend is likely to carry over to 2009, when the economic growth rate is expected to slow to about 6 percent. The anticipated launch of a Cambodia Stock Exchange Market and exploitation of the extractive industries such as oil and gas continue to attract attention and draw big investors to Cambodia. Cambodia's economic growth could be speeded up if significant progress is made in critical reforms. These reforms, together with effective anti-corruption policies, would improve the economic and investment environment and potentially spur even higher economic growth.