Swiss Watch Industry Has Stunning 2010

The Federation of the Swiss Watch Industry has released 2010 figures and it shows a very healthy story indeed. Demand surged in key emerging markets like China and Russia, as well as the number one export market Hong Kong. Of the top 10 export markets, only the German market was slightly off.

This year's preliminary data suggests an even better year but there are obstacles on the horizon, including an unusually strong Swiss franc, economic uncertainty, conflict in the Middle East, and shortages of both Swiss watch movements and skilled labor.


(Statistics compiled by WatchTime Magazine)

Categories: Federation of the Swiss Watch Industry, Swiss Watch News.

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