The statistic presents the results of an online survey conducted in 2016 about the the purchase price consumers in Japan paid for their luxury wrist watches. The survey revealed that with over 33 percent the majority of respondents spent between 300 thousand and one million Japanese yen on each of their luxury watches.
Average purchase price consumers in Japan paid for their luxury wrist watches as of 2016*
Characteristic
Share of respondents
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*Among the wrist watches in their collection, up to three favorite wrist watches were asked for their respective prices to get the following results. The source does not provide an exact publication date. Date given here is the day of data access. 100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
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Federation of the Swiss Watch Industry. (August 24, 2017). Average purchase price consumers in Japan paid for their luxury wrist watches as of 2016* [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/740973/japan-price-consumers-paid-for-their-luxury-watches/
Federation of the Swiss Watch Industry. "Average purchase price consumers in Japan paid for their luxury wrist watches as of 2016*." Chart. August 24, 2017. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/740973/japan-price-consumers-paid-for-their-luxury-watches/
Federation of the Swiss Watch Industry. (2017). Average purchase price consumers in Japan paid for their luxury wrist watches as of 2016*. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/740973/japan-price-consumers-paid-for-their-luxury-watches/
Federation of the Swiss Watch Industry. "Average Purchase Price Consumers in Japan Paid for Their Luxury Wrist Watches as of 2016*." Statista, Statista Inc., 24 Aug 2017, https://www.statista.com/statistics/740973/japan-price-consumers-paid-for-their-luxury-watches/
Federation of the Swiss Watch Industry, Average purchase price consumers in Japan paid for their luxury wrist watches as of 2016* Statista, https://www.statista.com/statistics/740973/japan-price-consumers-paid-for-their-luxury-watches/ (last visited August 24, 2024)
Average purchase price consumers in Japan paid for their luxury wrist watches as of 2016* [Graph], Federation of the Swiss Watch Industry, August 24, 2017. [Online]. Available: https://www.statista.com/statistics/740973/japan-price-consumers-paid-for-their-luxury-watches/