Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada (CIF) - 2024
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada (CIF) - 2024
In February 2024, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $52.0 per unit, growing by 487% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 495% month-to-month. Over the period under review, average import prices attained the maximum at $60.6 per unit in June 2023; however, from July 2023 to February 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($16.7 per unit), while the price for the United States ($5.9 per unit) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+16.9%), 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 Canada (FOB) - 2022
The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $14 per unit in 2022, surging by 15% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The growth pace was the most rapid in 2016 when the average export price increased by 35%. The export price peaked at $99 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($21 per unit), while the average price for exports to Switzerland ($9.6 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 Ecuador (+1.9%), while the prices for the other major destinations experienced a decline.
Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada
In 2022, overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s increased by 63% to 189K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous contraction. Over the period under review, imports of hit record highs at 560K 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 $11M in 2022. In general, imports, however, saw a abrupt curtailment. Over the period under review, imports of hit record highs at $15M 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 Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 3.2 | 2.3 | 6.5 | -7.5% |
| Italy | 4.3 | 2.4 | 1.7 | 3.0 | -11.3% |
| United States | 0.8 | 0.4 | 0.3 | 0.4 | -20.6% |
| Vietnam | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| United Kingdom | 0.5 | 0.1 | 0.1 | 0.1 | -41.5% |
| Bangladesh | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.7 | 0.5 | 0.6 | 0.7 | 0.0% |
| Total | 14.7 | 6.8 | 5.1 | 11.1 | -8.9% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Canada in 2022:
- China (121.5K units)
- Italy (48.0K units)
- United States (5.4K units)
- Vietnam (5.1K units)
- United Kingdom (3.2K units)
- Bangladesh (0.9K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada
For the third year in a row, Canada recorded decline in overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s, which decreased by -12.9% to 13K units in 2022. In general, exports recorded a sharp shrinkage. Over the period under review, the exports of attained the peak figure at 38K 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 reached $188K in 2022. Over the period under review, exports showed a sharp descent. Over the period under review, the exports of hit record highs at $709K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 655 | 208 | 121 | 136 | -40.8% |
| China | 0.4 | 1.5 | 3.8 | 29.6 | 319.8% |
| South Korea | N/A | 1.7 | 8.6 | 7.3 | 107.2% |
| Switzerland | 1.8 | 0.1 | 2.3 | 5.7 | 46.8% |
| Japan | 0.1 | 0.4 | 21.9 | 0.2 | 26.0% |
| Bolivia | 30.7 | N/A | N/A | N/A | 0% |
| Others | 21.0 | 20.3 | 28.9 | 9.7 | -22.7% |
| Total | 709 | 231 | 187 | 188 | -35.8% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Canada in 2022:
- United States (10.5K units)
- China (1.4K units)
- Switzerland (0.6K units)
- South Korea (0.3K units)
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In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
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In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
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