Il luxury market, as we know, it is anti-cyclical: when things go badly for many, the lucky few increase their wealth and purchase safe-haven assets. Watchmaking certainly is no exception, indeed: in this first half of 2022, i Swiss timepieces di luxury confirmed their role as reserve di value and a half of investment.
But what is the success of of the Swiss watch di luxury in the middle of a series of crisis global? And it is reasonable to expect the boom do you continue? Let's see it in this article.
Watch market 2022: what's happening
After a 2020 of suffering and the continuation of restrictions in 2021, there is a great desire to return to normal. But the cd revenge spending is not the only factor in theprice increase. The Asian and American economic recovery has put pressure on Swiss production of luxury timepiece, already struggling with supply difficulties.
When then also the European continent saw the closing season come to an end, we found ourselves with a very particular context. On the one hand, the large part of the population, impoverished due to the restrictions. On the other hand, a small group of wealthy people who, frightened by inflation, look for safe haven assets in which to invest. THE luxury goods, including the watches, they have thus returned to the center of attention of the market, recording great performance.
Watch market 2022: will it continue like this?
Obviously it is very difficult to make predictions: the current situation is of great uncertainty, and in the recent past many hypotheses have been disproved.
However, some trends are clearly visible. In the first place, the Swiss watch industry all in all it has overcome the problem of bottlenecks and appears to be able to satisfy demand. We would therefore expect a drop in prices: this has not happened, however. THE prices of luxury watches they are, at this moment, rather tall, especially for some models and brands, such as the evergreen Rolex. This makes us think that the demand is strong enough to allow prices not to be affected by any future increases in the offer.
As for the geographical distribution of demand for luxury watches, it must be said that, alongside the Asian and American markets, which have been driving since last year, the European market is recording quite interesting numbers. There is not Than we reason to believe, if current trends continue, that in the near future i prices of luxury watches must fall.
How to invest in the watch
If you want to invest in luxury watchmaking, it is essential to be well advised and followed. Because of this Chronosect makes its network of certified watch and jewelery professionals available to you. Trust in those who have been putting their passion and expertise at your disposal for years, rely on Chronosect professionals!
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