Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh - 2022
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh (CIF) - 2022
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh (CIF) - 2022
In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $2.1 per unit, jumping by 54% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $2.5 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($2.7 per unit), while the price for China ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh (FOB) - 2022
In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $4.1 per unit, shrinking by -63.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 136%. As a result, the export price attained the peak level of $11 per unit, and then shrank notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($10 per unit), while the average price for exports to the United Arab Emirates ($1.7 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 Saudi Arabia (+22.3%), 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 Bangladesh
Imports of ties, bow ties and cravats (not knitted or crocheted)s into Bangladesh expanded remarkably to 1.2M units in 2022, increasing by 7.7% against the year before. In general, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Imports peaked at 1.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s soared to $2.5M in 2022. Overall, imports, however, recorded a abrupt downturn. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,015 | 1,458 | 1,346 | 2,146 | -10.7% |
| Hong Kong SAR | 259 | 154 | 52.1 | 100 | -27.2% |
| Taiwan (Chinese) | N/A | N/A | N/A | 63.5 | 0% |
| Others | 61.6 | 27.6 | 98.4 | 177 | 42.2% |
| Total | 3,336 | 1,639 | 1,496 | 2,486 | -9.3% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Bangladesh in 2022:
- China (1100.8K units)
- Hong Kong SAR (37.5K units)
- Taiwan (Chinese) (31.7K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh
In 2022, overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s increased by 193% to 443K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s stood at $1.8M in 2022. In general, exports, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2021 when exports increased by 8% against the previous year. Over the period under review, the exports of reached the peak figure at $1.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 438 | 261 | 17.6 | 550 | 7.9% |
| Kuwait | 121 | 2.4 | 0.2 | 380 | 46.4% |
| Poland | 135 | 196 | 6.0 | 176 | 9.2% |
| Germany | 223 | 242 | 8.9 | 114 | -20.0% |
| United Kingdom | 42.0 | 53.2 | 1.7 | 82.6 | 25.3% |
| United Arab Emirates | 23.0 | 15.9 | 6.3 | 82.5 | 53.1% |
| Spain | 121 | 91.1 | 2.7 | 63.4 | -19.4% |
| Sweden | 36.9 | 49.6 | 2.9 | 55.6 | 14.6% |
| Canada | 102 | 148 | 3.0 | 41.5 | -25.9% |
| Netherlands | 68.2 | 49.9 | N/A | 6.3 | -54.8% |
| Russia | 99.3 | 77.7 | 1,602 | N/A | 301.7% |
| Saudi Arabia | 81.4 | 43.6 | 5.7 | N/A | -73.5% |
| Others | 456 | 341 | 39.7 | 270 | -16.0% |
| Total | 1,949 | 1,571 | 1,697 | 1,822 | -2.2% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Bangladesh in 2022:
- United States (153.5K units)
- United Arab Emirates (48.9K units)
- Poland (39.4K units)
- Kuwait (36.5K units)
- Sweden (31.0K units)
- Germany (28.9K units)
- Spain (23.5K units)
- United Kingdom (18.2K units)
- Canada (6.3K units)
- Netherlands (2.8K units)
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