Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola - 2022

Contents:

  1. Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola (CIF) - 2022
  2. Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola (FOB) - 2022
  3. Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola
  4. Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola

Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola (CIF) - 2022

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $708 per thousand units, with a decrease of -26.9% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2015 when the average import price increased by 44% against the previous year. As a result, import price reached the peak level of $3.4 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($8.9 per unit), while the price for China ($130 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola (FOB) - 2022

The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $7 per unit in 2022, waning by -55.6% against the previous year. Overall, the export price, however, showed a slight expansion. The pace of growth was the most pronounced in 2015 an increase of 96% against the previous year. As a result, the export price attained the peak level of $19 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($14 per unit), while the average price for exports to Sao Tome and Principe ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola

Imports of ties, bow ties and cravats (not knitted or crocheted)s into Angola rose sharply to 284K units in 2022, picking up by 14% compared with 2021. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 415%. Imports peaked at 340K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s reduced sharply to $201K in 2022. In general, imports, however, continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 280% against the previous year. Over the period under review, imports of reached the maximum at $417K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal15224.611554.7-28.9%
Turkey40.99.641.235.7-4.4%
China65.77.321.329.3-23.6%
Others15922.164.381.4-20.0%
Total41763.6242201-21.6%

Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Angola in 2022:

  1. China (225.5K units)
  2. Portugal (28.2K units)
  3. Turkey (11.3K units)

Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola

In 2022, the amount of ties, bow ties and cravats (not knitted or crocheted)s exported from Angola surged to 54 units, picking up by 23% on 2021. In general, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 224% against the previous year. As a result, the exports reached the peak of 256 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s reduced rapidly to $380 in 2022. Over the period under review, exports, however, showed a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 207% against the previous year. As a result, the exports reached the peak of $3.3K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo21.0119148284138.3%
South Africa2.049498.014.091.3%
France17618.03.013.0-58.0%
NetherlandsN/A4121459.0-85.2%
SingaporeN/AN/AN/A6.00%
Brazil30.034.05.04.0-48.9%
Portugal54.01,14522.04.0-58.0%
CubaN/AN/AN/A4.00%
KazakhstanN/AN/A8.04.0-50.0%
Sao Tome and Principe3.04.01.01.0-30.7%
ColombiaN/A175N/AN/A0%
AustraliaN/A82.0N/AN/A0%
Guinea462N/AN/AN/A0%
Others33784326837.0-52.1%
Total1,0853,326698380-29.5%

Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Angola in 2022:

  1. Democratic Republic of the Congo (44.0 units)
  2. Brazil (1.0 units)
  3. Sao Tome and Principe (1.0 units)
  4. Netherlands (1.0 units)
  5. Portugal (1.0 units)
  6. Cuba (1.0 units)
  7. South Africa (1.0 units)
  8. Singapore (1.0 units)
  9. France (1.0 units)
  10. Kazakhstan (1.0 units)

Source: IndexBox Market Intelligence Platform

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