Rolex and Patek watches used to survive the sector's slowdown in the world
The Luxury Watch market has achieved its best annual performance since the beginning of 2022, such as a bright point amid the crisis of the rest of the sector. The ‘Bloomberg Sobardie Watch’ index, which follows more than 50 hours in terms of the value of the agreement, increased by 5.3% during the first half of 2025 and recovered in the third quarter. They were the golden “Ditona 116508” of “Rolex” and “Patek Philippe” of the best performance. This height is minimal compared to the boom during the pandemic, when consumers have spent houses and money, large amounts on luxury watches. Nevertheless, it coincides with the face of sales of new watches with US customs duties, including the imposition of a 39% tariff for Swiss exports, and the ongoing decline in demand in Asia. Gold prices refresh the used watches The used watch market also benefits from standard gold prices, as it has led to the high prices of new watches, and asked buyer to strive to avoid possible delays when trying to buy a new model, according to Christie Davis, the founder of “Subdal”, the platform for the sale and trading in Londen. Also read: After the rise of gold. “Rolex” begins 2025 by raising the prices of the hours, and Davis added that the new models that are regularly asked are often limited in stores, which force potential buyers to wait for months or longer, while secondary platforms immediately offer to a wider range of hours. He continued that the high price of the ‘Dynona’ gold model of ‘Rolex’ coincided with the boom of gold prices in the light of customs duties and wars in Ukraine and the Middle East, while performing the ‘Aquanot’ model of ‘Patek Philippe’ over the famous sport “lags” lagged “lags”. emphasized. He said: “There is a clear tendency for people to look for a quieter luxury in the current period, and that’s what aquanout personifies it when compared to (Nutelos).” The fees are pressing the Swiss watches, in return, the main market is to look at, challenges; Swiss watches how exports fell 5.6% in June and continued their continuous decline for a year, in which the decline in shipping to the United States, the largest market for this export in the world, as well as Japan and Hong Kong. Also read: Trump’s drawings about Switzerland delay the scorpion of the “Rolex” seller, the watchmakers, such as “Rolex”, “Patek Philip” and “Audemars Piguet”, also suffer from the effects of the power of the Swiss franc, and a great decrease in demand for luxury goods. “Swatch Group”, which includes its brands “Omega” and “Balanban”, announced that sales fell by 7.1% during the first half of the year, and it was “completely” for China, including Hong Kong and Maco. Trump’s commercial war suffered, as Switzerland was shocked after the United States imposed 39%of customs, which are the highest rate on a developed country. Despite the current entry into force, the country is still negotiating with the United States, which increases the possibility of lowering fees in the future.