Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain - 2022
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain (CIF) - 2022
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain (CIF) - 2022
The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $4.5 per unit in 2022, increasing by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 28%. The import price peaked at $5.9 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 France ($20 per unit), while the price for Bangladesh ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+16.6%), 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 Bahrain (FOB) - 2022
In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $9.4 per unit, with a decrease of -3.4% against the previous year. Overall, the export price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 112%. Over the period under review, the average export prices attained the maximum at $11 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($16 per unit), while the average price for exports to Oman ($8.2 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 Cyprus (+34.1%), 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 Bahrain
In 2022, overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s were finally on the rise to reach 70K units after two years of decline. In general, imports, however, saw a significant curtailment. Imports peaked at 199K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s skyrocketed to $316K in 2022. Overall, imports, however, faced a sharp descent. Imports peaked at $716K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 342 | 119 | 152 | 113 | -30.9% |
| China | 205 | 75.6 | 43.0 | 112 | -18.2% |
| France | 71.8 | 38.7 | 29.4 | 57.4 | -7.2% |
| Turkey | 18.9 | 4.5 | 13.9 | 9.5 | -20.5% |
| India | 24.8 | 4.4 | 5.3 | 7.6 | -32.6% |
| Bangladesh | 4.6 | 0.9 | 1.5 | 0.8 | -44.2% |
| Canada | 5.4 | N/A | N/A | N/A | 0% |
| Others | 43.7 | 14.5 | 8.2 | 16.8 | -27.3% |
| Total | 716 | 257 | 254 | 316 | -23.9% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Bahrain in 2022:
- China (52.9K units)
- Italy (6.9K units)
- Turkey (3.1K units)
- France (2.8K units)
- India (2.0K units)
- Bangladesh (0.5K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain
In 2022, the amount of ties, bow ties and cravats (not knitted or crocheted)s exported from Bahrain skyrocketed to 548 units, rising by 24% against 2021. In general, exports, however, saw a pronounced contraction. The exports peaked at 591 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s skyrocketed to $5.1K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 24%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | 603 | 83.0 | 3,290 | 133.6% |
| Hong Kong SAR | N/A | 1,776 | 2,093 | 1,078 | -22.1% |
| Pakistan | N/A | 27.0 | 636 | 430 | 299.1% |
| Austria | N/A | N/A | N/A | 156 | 0% |
| Sweden | N/A | N/A | N/A | 99.0 | 0% |
| Cyprus | N/A | N/A | N/A | 96.0 | 0% |
| Thailand | 295 | 118 | 209 | N/A | -15.8% |
| Germany | 687 | N/A | N/A | N/A | 0% |
| United Kingdom | 1,517 | N/A | N/A | N/A | 0% |
| Netherlands | 200 | 920 | N/A | N/A | 360.0% |
| Others | 185 | 22.0 | 1,287 | N/A | 163.8% |
| Total | 2,884 | 3,466 | 4,308 | 5,149 | 21.3% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Bahrain in 2022:
- Oman (400.0 units)
- Hong Kong SAR (66.0 units)
- Pakistan (46.0 units)
- Austria (16.0 units)
- Cyprus (11.0 units)
- Sweden (9.0 units)
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