Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Egypt - 2024

Contents:

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

Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Egypt (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, dropping by -58.7% against the previous year. Overall, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 163%. As a result, import price reached the peak level of $11 per unit, and then declined rapidly in the following year.

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 Lebanon ($8.6 per unit), while the price for Germany ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+24.5%), 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 Egypt (FOB) - 2022

The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $2.3 per unit in 2022, falling by -50.1% against the previous year. In general, the export price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 82% against the previous year. The export price peaked at $6.8 per unit in 2016; however, from 2017 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 Turkey ($10 per unit), while the average price for exports to Angola ($419 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+89,900.0%), 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 Egypt

In 2022, overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s were finally on the rise to reach 44K units after two years of decline. Overall, imports, however, showed a dramatic shrinkage. Imports peaked at 335K 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 declined remarkably to $198K in 2022. In general, imports, however, saw a precipitous shrinkage. Imports peaked at $1.3M 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 Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy84.414926785.50.4%
China1,0963837.461.7-61.7%
Turkey57.89.620.743.2-9.2%
Lebanon21.59.93.40.9-65.3%
IndiaN/A32.6N/AN/A0%
Others9.316.111.87.1-8.6%
Total1,269601310198-46.2%

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

  1. China (23.1K units)
  2. Italy (11.6K units)
  3. Turkey (7.9K units)
  4. Lebanon (0.1K units)

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

In 2022, exports of ties, bow ties and cravats (not knitted or crocheted)s from Egypt surged to 3.2K units, increasing by 70% against the year before. Overall, exports, however, showed a precipitous curtailment. Over the period under review, the exports of attained the maximum at 9.9K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s declined dramatically to $7.2K in 2022. In general, exports, however, recorded a significant decrease. Over the period under review, the exports of attained the maximum at $49K 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 Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait30.025.81.32.3-57.5%
OmanN/AN/AN/A1.70%
PalestineN/A0.11.00.8182.8%
MalawiN/AN/AN/A0.80%
Turkey8.70.34.40.2-71.6%
Angola0.10.1N/A0.226.0%
South AfricaN/A0.20.10.1-29.3%
EthiopiaN/A3.10.5N/A-83.9%
United KingdomN/A1.2N/AN/A0%
United Arab Emirates0.10.7N/AN/A600.0%
Others10.30.61.21.0-54.0%
Total49.232.08.57.2-47.3%

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

  1. Malawi (1438.0 units)
  2. Angola (590.0 units)
  3. Oman (406.0 units)
  4. Kuwait (385.0 units)
  5. Palestine (139.0 units)
  6. South Africa (80.0 units)
  7. Turkey (22.0 units)

Source: IndexBox Market Intelligence Platform

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