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Thread: Market Statistics and Counterfeits

  1. #1
    Registered Member HOROLOGIST007's Avatar
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    Market Statistics and Counterfeits

    44 million mechanical watches made world wide in 2015
    30 million SWISS Mechanical made in 2015

    A STAGGERING 40 million COUNTERFEIT mechanical watches made in 2015!

    That is 10 million more than the SWISS and only 4 M less than WW production!!

    But that is NOT the reason the SWISS watch industry is suffering in 2015-->2016, that is because of the market conditions.

    The Hong Kong Market is down 33% in 2016 (so far), and China down 14% (YTD) - it is the 18th consecutive month of decline!!

    Great Figures

    Adam
    ACKNOWLEDGEMENT: WATCH TIME MAGAZINE
    Last edited by HOROLOGIST007; 11-24-2016 at 08:33 PM.
    NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE.

    "Failure is not an option" - Gene Kranz
    "Owning a vintage watch is great, understanding where it sits in Horology is magnificent"
    and
    "By Teaching Others, We Teach Ourselves"
    Adam

  2. #2
    Crazy! Thanks for sharing, Adam!
    colemanitis
    Admin

  3. #3
    Registered Member HOROLOGIST007's Avatar
    Join Date
    Jun 2016
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    Spain & Where They Will Have Me
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    It sure is
    I wish I could do more to stimulate the site, any suggestions and I am happy to help

    TRegards
    NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE.

    "Failure is not an option" - Gene Kranz
    "Owning a vintage watch is great, understanding where it sits in Horology is magnificent"
    and
    "By Teaching Others, We Teach Ourselves"
    Adam

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