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chazha · 14 September 2008, 01:30 PM

Found this link on a HK website :-D

www26.discuss.com.hk/viewthread.php?tid=8089084&extra=page%3D1

Italians surprise me... I thought they were more into cars and designer products.

CKay · 14 September 2008, 01:36 PM

Hurray, Singapore is on the top 10 list!

simbal · 14 September 2008, 01:39 PM

Great information, interested to see how quickly China will grow in the next few years.

Letsgodiving · 14 September 2008, 01:53 PM

Very impressive for Hong Kong to be # 1 and the US #2 considering my very rough and non-scientific calculations that the US is 8900 times the size of Hong Kong and the US population is 43 times that of Hong Kong. I lived in HK for a while and knew they liked their watches but I didn't realize they were such WIS's.

Z-Sub · 14 September 2008, 02:06 PM

That's impressive that Hong Kong took the title.

Is it still true that Hong Kong holds the most Rolls Royce cars per capital or per square miles??

Lol-x · 14 September 2008, 02:10 PM

That is pretty interesting indeed

It seems that the Federation of the Swiss Watch Industry would be a fairly reliable source, but it doesn't break the watches down into brands.

:

watch-table.jpg

Letsgodiving · 14 September 2008, 02:29 PM

Now that I think about it is it per capita? That would seem to make more sense.

Art161 · 14 September 2008, 03:37 PM

Quote:

Originally Posted by Letsgodiving

Now that I think about it is it per capita? That would seem to make more sense.

I don't see any such indication on the chart.

2careless · 14 September 2008, 04:22 PM

I think this is a misnomer. HK is a good size market, but most of the people who actually buys Swiss watches are mainland Chinese tourists.
In HK there is no GST/import tax so mainland Chinese can buy them tax free and just wear them back home into China, while buying in China will be like 20% more expensive due to import tax.
You can see truckloads of mainlanders arriving in HK tourist districts like TsimShaTsui and they just grab everything they can get their hands on.
The numbers for HK and China should be combined, IMHO.

Z-Sub · 14 September 2008, 04:48 PM

Quote:

Originally Posted by 2careless

I think this is a misnomer. HK is a good size market, but most of the people who actually buys Swiss watches are mainland Chinese tourists.
In HK there is no GST/import tax so mainland Chinese can buy them tax free and just wear them back home into China, while buying in China will be like 20% more expensive due to import tax.
You can see truckloads of mainlanders arriving in HK tourist districts like TsimShaTsui and they just grab everything they can get their hands on.
The numbers for HK and China should be combined, IMHO.

good point. many tourist from other countries also buy in HK.

mickeydainish · 14 September 2008, 05:42 PM

very interesting!!! :-)

toph · 14 September 2008, 08:25 PM

very intersting. thanks for posting

toph · 14 September 2008, 08:29 PM

Quote:

Originally Posted by Letsgodiving

Now that I think about it is it per capita? That would seem to make more sense.

sorry but 1570 million CHF per capita- thats a well over 1000 million USD per head of population

TempoKing · 14 September 2008, 08:54 PM

Quote:

Originally Posted by chazha

Found this link on a HK website :-D

www26.discuss.com.hk/viewthread.php?tid=8089084&extra=page%3D1

Italians surprise me... I thought they were more into cars and designer products.

So, you thought, that Italians were only interested in Belle Machine, scarpi, pasta, amore e gellati...???...:

The truth is that they have been into Rolex watches long before anyone else.

There are even Rolex models dedicated solely to the Italian market.
Especially any gold "head" with leather strap.
Oh and before I forget, some of the books "tools" for any collector
were written by Italians and that the "biggest" (world wide), Rolex collectors are in Italy.!!

I was surprised to see that Greece imported more than $65M dollars in Rolex watches,
a country where the average annual tax return is only $16.000 dollars,
filed from less than three million people...wow...

Alcan · 14 September 2008, 09:24 PM

Hmm, Canada is right there behind Qatar, in 24th position. Those 4 Eskimos, 3 polar bears and I are trying to uphold the Rolex brand.

Lamone · 14 September 2008, 09:28 PM

Not surprising HK is #1
Every other person there wears a Rollie, I guess they're all real.

MrCowboy99 · 15 September 2008, 12:00 AM

Quote:

Originally Posted by simbal

Great information, interested to see how quickly China will grow in the next few years.

and how the US will fall as the economy starts to have greater influence here.

Tools · 15 September 2008, 12:26 AM

Quote:

Originally Posted by Lamone

Not surprising HK is #1
Every other person there wears a Rollie, I guess they're all real.

Hong Kong is also one of the largest import/export capitals in the world..

Most of the Grey Market watches in the US come from HK.. So, although the Swiss export many watches there, many of them go right back out to their distribution networks without ever opening the box..

14 September 2008, 01:53 PM	#4
Letsgodiving "TRF" Member Join Date: Jul 2007 Real Name: Mike Location: Virginia, US Watch: SD 16600 Posts: 4,316	Very impressive for Hong Kong to be # 1 and the US #2 considering my very rough and non-scientific calculations that the US is 8900 times the size of Hong Kong and the US population is 43 times that of Hong Kong. I lived in HK for a while and knew they liked their watches but I didn't realize they were such WIS's. __________________ The fool, with all his other faults, has this also - he is always getting ready to live. - Epicurus (341–270 BC)

14 September 2008, 02:06 PM	#5
Z-Sub 2024 Pledge Member Join Date: Jun 2008 Location: So Cal, USA Watch: Not a ONEWatch Man Posts: 7,383	That's impressive that Hong Kong took the title. Is it still true that Hong Kong holds the most Rolls Royce cars per capital or per square miles?? __________________ SS Submariner Date "Z" SS SeaDweller "D" SS Submariner "Random" TT Blue Submariner "P" SS GMT-Master ll "M", Pepsi Pam 311, 524, 297

14 September 2008, 02:10 PM	#6
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,420	That is pretty interesting indeed It seems that the Federation of the Swiss Watch Industry would be a fairly reliable source, but it doesn't break the watches down into brands. : watch-table.jpg __________________ *Most folks are about as happy as they make up their minds to be.* ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim

14 September 2008, 02:29 PM	#7
Letsgodiving "TRF" Member Join Date: Jul 2007 Real Name: Mike Location: Virginia, US Watch: SD 16600 Posts: 4,316	Now that I think about it is it per capita? That would seem to make more sense. __________________ The fool, with all his other faults, has this also - he is always getting ready to live. - Epicurus (341–270 BC)

14 September 2008, 08:25 PM	#12
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	very intersting. thanks for posting __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

14 September 2008, 01:30 PM	#1
chazha "TRF" Member Join Date: Sep 2008 Real Name: ChairmanMao Location: NY, US Watch: mickey watch Posts: 837	Well.. Guess where in the world got the highst distribution of Swiss watches... Found this link on a HK website :-D www26.discuss.com.hk/viewthread.php?tid=8089084&extra=page%3D1 Italians surprise me... I thought they were more into cars and designer products.

14 September 2008, 01:36 PM	#2
CKay "TRF" Member Join Date: Jul 2008 Location: Singapore Posts: 467	Hurray, Singapore is on the top 10 list! __________________ BLACK IS THICKER THAN BLOOD

14 September 2008, 01:39 PM	#3
simbal "TRF" Member Join Date: May 2008 Real Name: Joe Location: USA Posts: 833	Great information, interested to see how quickly China will grow in the next few years.

14 September 2008, 04:22 PM	#9
2careless "TRF" Member Join Date: Dec 2007 Location: Melbourne, AU Watch: Pepsi Posts: 4,370	I think this is a misnomer. HK is a good size market, but most of the people who actually buys Swiss watches are mainland Chinese tourists. In HK there is no GST/import tax so mainland Chinese can buy them tax free and just wear them back home into China, while buying in China will be like 20% more expensive due to import tax. You can see truckloads of mainlanders arriving in HK tourist districts like TsimShaTsui and they just grab everything they can get their hands on. The numbers for HK and China should be combined, IMHO.

14 September 2008, 05:42 PM	#11
mickeydainish Banned Join Date: Mar 2008 Real Name: Michael Location: LaLa Land Watch: Sub Date 16610 Posts: 1,757	very interesting!!! :-)

14 September 2008, 09:24 PM	#15
Alcan 2024 Pledge Member Join Date: Nov 2006 Real Name: Al Location: Way Up North Watch: your P's & Q's Posts: 10,473	Hmm, Canada is right there behind Qatar, in 24th position. Those 4 Eskimos, 3 polar bears and I are trying to uphold the Rolex brand. __________________ Member #1,315 I don't want to get technical, but according to chemistry alcohol IS a solution!

14 September 2008, 09:28 PM	#16
Lamone Banned Join Date: Nov 2007 Location: NYC Watch: ya mawt! Posts: 3,448	Not surprising HK is #1 Every other person there wears a Rollie, I guess they're all real.

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