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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $2 per unit, with a decrease of -19.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37%. The import price peaked at $2.7 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($30 per unit), while the price for Peru ($960 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $5.3 per unit, reducing by -36.4% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 85%. The export price peaked at $15 per unit in 2016; however, from 2017 to 2022, the 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 the United States ($8.9 per unit), while the average price for exports to Guatemala ($1.8 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 Germany (+8.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 176% to 215K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp slump. Over the period under review, imports of reached the peak figure at 627K 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 soared to $432K in 2022. Over the period under review, imports, however, continue to indicate a dramatic downturn. Imports peaked at $926K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. China (187.1K units)
2. Peru (12.1K units)
3. Colombia (10.8K units)
4. Italy (2.5K units)

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

In 2022, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s was finally on the rise to reach 69 units after two years of decline. Overall, exports, however, continue to indicate a sharp descent. The exports peaked at 2.8K 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 declined notably to $366 in 2022. In general, exports, however, showed a precipitous setback. Over the period under review, the exports of reached the maximum at $10K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (25.0 units)
2. Canada (25.0 units)
3. Guatemala (14.0 units)
4. Bolivia (5.0 units)

Source: IndexBox Market Intelligence Platform