Japanese Watch & Clock Industry in 2022
Overview of Its Global Operation

Contents

Complete Watches

Complete Clocks

Notes:

  1. Global Operation: The business activities of Japanese watch and clock industry including overseas production and exports from overseas ports.
  2. Figs. 1 through 8 and 9 through 16 are based on JCWA (Japan Clock & Watch Association) data.
  3. Value is FOB amount for exports. For domestic shipments, it is the amount of sales to domestic clients excluding domestic taxes.
  4. AQ stands for Analog Quartz watches inclusive of Combination Quartz watches, DQ for Digital Quartz watches, and ME for mechanical watches.

1-1 Japanese Watch Exports & Domestic Shipments in units

1-1 Japanese Watch Exports & Domestic Shipments in units

1-2 Japanese Watch Exports & Domestic Shipments in value

1-2 Japanese Watch Exports & Domestic Shipments in value

  • Total shipments of complete watches by Japanese manufacturers in 2022 (including shipments from overseas) were 52 million units, remained at the same level as the previous year, and 255.9 billion yen in value, up 12%.
  • In terms of units by type, analog quartz declined 2%, digital quartz rose 1%, and mechanical rose 15% from the previous year.
  • As a reference, total shipments of complete watches and watch movements in 2022 were 266 million units, down 13% from the previous year and 301.8 billion yen in value, up 11%.

* The actual calculation results may not match the total number displayed due to rounded figures.

1-3 Japanese Watch Exports by Type

1-3 Japanese Watch Exports by Type

1-4 2022 World Distribution of Japanese Watch Exports

1-4 2022 World Distribution of Japanese Watch Exports

  • Exports of complete watches by Japanese manufacturers in 2022 were 47 million units, remained at the same level as the previous year, and 172.6 billion yen in value, up 17%.
  • In terms of main export destinations of complete watches, the value to North America increased by 48% compared to the previous year, but decreased by 6% to Asia.

* Exports include shipments from overseas.

1-5 Japanese Watch Domestic Shipments by Type

1-5 Japanese Watch Domestic Shipments by Type

  • Domestic shipments of complete watches by Japanese manufacturers in 2022 were 5 million units, down 1% from the previous year, and 83.3 billion yen in value, up 4%.

* The actual calculation results may not match the total number displayed due to rounded figures.

2-1 Japanese Clock Exports & Domestic Shipments in units

2-1 Japanese Clock Exports & Domestic Shipments in units

2-2 Japanese Clock Exports & Domestic Shipments in value

2-2 Japanese Clock Exports & Domestic Shipments in value

  • The figures do not include instrument panel clocks and clocks of similar type for vehicles, aircraft, spacecraft, or vessels, and others (Same for prior year comparisons).
  • Total shipments of complete clocks by Japanese manufacturers in 2022 (including shipments from overseas) were 7 million units, down 11% from the previous year, and 17.5 billion yen in value, down 1%.
  • In terms of units by type, table clocks declined 12% and wall clocks declined 8% from the previous year.
  • As a reference, total shipments of complete clocks and clock movements in 2022 were 9 million units, down 13% from the previous year, and 17.8 billion yen in value, down 1%.

* The actual calculation results may not match the total number displayed due to rounded figures.

2-3 Japanese Clock Exports by Type

2-3 Japanese Clock Exports by Type

2-4 2022 World Distribution of Japanese Clock Exports

2-4 2022 World Distribution of Japanese Clock Exports

  • Exports of complete clocks by Japanese manufacturers in 2022 were 2 million units, down 7% from the previous year, and 4.6 billion yen in value, up 27%.
  • In terms of main export destinations of complete clocks, the value to North America and Asia increased both by 29% compared to the previous year.

* Exports include shipments from overseas.

2-5 Japanese Clock Domestic Shipments by Type

2-5 Japanese Clock Domestic Shipments by Type

  • Domestic shipments of complete clocks by Japanese manufacturers in 2022 were 5 million units, down 12% from the previous year, and 12.9 billion yen in value, down 8%.

* The actual calculation results may not match the total number displayed due to rounded figures.