{"id":5195,"date":"2024-08-20T11:04:48","date_gmt":"2024-08-20T11:04:48","guid":{"rendered":"https:\/\/goodwatchhk.com\/%e4%ba%86%e8%a7%a32024%e5%b9%b4%e5%85%ab%e6%9c%88%e6%89%8b%e9%8c%b6%e5%b8%82%e5%a0%b4%e7%9a%84%e6%9c%80%e6%96%b0%e8%b6%a8%e5%8b%a2%ef%bc%8c%e5%8c%85%e6%8b%ac%e5%93%81%e7%89%8c%e5%83%b9%e6%a0%bc\/"},"modified":"2024-08-24T11:21:06","modified_gmt":"2024-08-24T11:21:06","slug":"watch-market","status":"publish","type":"post","link":"https:\/\/goodwatchhk.com\/en\/watch-market\/","title":{"rendered":"Understand the latest trends in the watch market for August 2024, including brand price changes and market index analysis."},"content":{"rendered":"\n<h2>August 2024 Watch Market Update<\/h2>\n<p>As the first full month of the second half of 2024, the latest report from the luxury watch market research agency WatchCharts indicates that the watch market continues to show a downward trend. According to the latest data, the overall market index fell by 0.8% in July, performing worse than in June. Notably, the price of Patek Philippe PP dropped by 2.3% in July, marking the largest monthly decline since October 2023.<\/p>\n<h2>Market Index and Brand Performance<\/h2>\n<p><a href=\"https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-market-Jul24-647x400.png\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-5187\" src=\"https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-market-Jul24-647x400.png\" alt=\"\" width=\"647\" height=\"400\" srcset=\"https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-market-Jul24-647x400.png 647w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-market-Jul24-768x475.png 768w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-market-Jul24-247x153.png 247w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-market-Jul24-510x315.png 510w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-market-Jul24.png 1024w\" sizes=\"(max-width: 647px) 100vw, 647px\" \/><\/a><\/p>\n<p>In July, Rolex prices decreased by 0.7%, while Audemars Piguet prices fell by 0.6%. These figures indicate that the overall market index had its second worst month of the year in July, with the indices of the four major brands currently at a three-year low.<\/p>\n<h2>Which Watches Are Still Appreciating?<\/h2>\n<p>Despite the overall downward trend in the market for three consecutive years, some watches have risen against the tide and actually appreciated in value. A recent video on <strong><a href=\"https:\/\/www.youtube.com\/watch?v=AcTPA6iqXu0&amp;t=2s\" target=\"_blank\" rel=\"noopener\">MarketCharts<\/a><\/strong> highlighted six watches that have significantly increased in value, worthy of collectors&#8217; attention.<\/p>\n<h2>Best and Worst Performing Series<\/h2>\n<p>Here are some of the best and worst performing watch series in July:<\/p>\n<table>\n<tbody>\n<tr>\n<th>Brand<\/th>\n<th>Series<\/th>\n<th>July Change %<\/th>\n<\/tr>\n<tr>\n<td>Omega<\/td>\n<td>Constellation Series<\/td>\n<td>+2.7%<\/td>\n<\/tr>\n<tr>\n<td>Breitling<\/td>\n<td>Chronomat Series<\/td>\n<td>+1.9%<\/td>\n<\/tr>\n<tr>\n<td>Audemars Piguet<\/td>\n<td>CODE 11.59<\/td>\n<td>-2.4%<\/td>\n<\/tr>\n<tr>\n<td>Patek Philippe<\/td>\n<td>Nautilus Series<\/td>\n<td>-2.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Patek Philippe Price Changes<\/h2>\n<p>At the brand level, the drop in Patek Philippe PP prices is primarily influenced by the Nautilus series, which accounts for two-thirds of the brand index. In contrast, the prices of the Aquanaut series remained relatively stable this month.<\/p>\n<h2><a href=\"https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/watch-Market-trend-646x400.png\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-5185\" src=\"https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/watch-Market-trend-646x400.png\" alt=\"\" width=\"646\" height=\"400\" srcset=\"https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/watch-Market-trend-646x400.png 646w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/watch-Market-trend-768x476.png 768w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/watch-Market-trend-247x153.png 247w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/watch-Market-trend-510x316.png 510w, https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/watch-Market-trend.png 1024w\" sizes=\"(max-width: 646px) 100vw, 646px\" \/><\/a><\/h2>\n<p>Data Source: <a href=\"https:\/\/watchcharts.com\/\" target=\"_blank\" rel=\"noopener\">WatchCharts<\/a><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":5184,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[694],"tags":[],"class_list":["post-5195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-reviews"],"uagb_featured_image_src":{"full":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24.png",1024,787,false],"thumbnail":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24-280x280.png",280,280,true],"medium":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24-520x400.png",520,400,true],"medium_large":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24-768x590.png",768,590,true],"large":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24.png",1020,784,false],"1536x1536":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24.png",1024,787,false],"2048x2048":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24.png",1024,787,false],"woocommerce_thumbnail":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24-247x190.png",247,190,true],"woocommerce_single":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24-510x392.png",510,392,true],"woocommerce_gallery_thumbnail":["https:\/\/goodwatchhk.com\/wp-content\/uploads\/2024\/08\/overall-watch-index-Jul24-100x100.png",100,100,true]},"uagb_author_info":{"display_name":"tse","author_link":"https:\/\/goodwatchhk.com\/en\/author\/wtse1986gmail-com\/"},"uagb_comment_info":0,"uagb_excerpt":null,"_links":{"self":[{"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/posts\/5195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/comments?post=5195"}],"version-history":[{"count":2,"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/posts\/5195\/revisions"}],"predecessor-version":[{"id":5197,"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/posts\/5195\/revisions\/5197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/media\/5184"}],"wp:attachment":[{"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/media?parent=5195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/categories?post=5195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodwatchhk.com\/en\/wp-json\/wp\/v2\/tags?post=5195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}