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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $977 per thousand units, jumping by 49% against the previous year. Overall, the import price saw temperate growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 138% against the previous year. The import price peaked at $1.5 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4.7 per unit), while the price for China ($874 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $4.6 per unit in 2022, surging by 36% against the previous year. In general, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs at $9 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8.4 per unit), while the average price for exports to Cote d'Ivoire ($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 the United States (-2.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of ties, bow ties and cravats (not knitted or crocheted)s imported into Cameroon skyrocketed to 145K units, picking up by 90% on 2021 figures. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s soared to $141K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.042.931.412140.1%
France1.032.48.39.0108.0%
Turkey2.711.94.44.316.8%
NigeriaN/A1.10.2N/A-81.8%
Others3.411.55.46.826.0%
Total51.099.849.714140.4%

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

  1. China (138.7K units)
  2. Turkey (3.0K units)
  3. France (1.9K units)

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

In 2022, overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s decreased by -78.1% to 1.4K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 206% against the previous year. The exports peaked at 6.4K units in 2021, and then dropped significantly in the following year.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s contracted rapidly to $6.5K in 2022. In general, exports showed a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. Over the period under review, the exports of reached the maximum at $22K in 2021, and then contracted significantly in the following year.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.77.52.52.716.7%
United States2.58.72.31.8-10.4%
NetherlandsN/AN/AN/A1.80%
Cote d'Ivoire0.20.4N/A0.1-20.6%
EthiopiaN/AN/A0.1N/A0%
Central African RepublicN/AN/A0.6N/A0%
ItalyN/AN/A16.2N/A0%
Others8.40.80.20.1-77.2%
Total12.817.321.96.5-20.2%

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

  1. United Kingdom (546.0 units)
  2. Netherlands (497.0 units)
  3. United States (220.0 units)
  4. Cote d'Ivoire (108.0 units)

Source: IndexBox Market Intelligence Platform

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