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

Contents:

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

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

The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $6.1 per unit in 2022, jumping by 20% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 78% against the previous year. Over the period under review, average import prices attained the peak figure at $9.7 per unit in 2017; however, from 2018 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 ($15 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $7.8 per unit, waning by -15.8% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 an increase of 92%. Over the period under review, the average export prices hit record highs at $17 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($25 per unit), while the average price for exports to Sweden ($3 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 Poland (+32.8%), 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 Estonia

In 2022, overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s were finally on the rise to reach 12K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a significant decrease. Imports peaked at 31K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s soared to $74K in 2022. In general, imports, however, continue to indicate a sharp curtailment. Imports peaked at $238K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland13.718.18.718.811.1%
Germany11.421.45.711.81.2%
Italy39.115.63.011.2-34.1%
Poland1.37.88.88.083.3%
Denmark23.212.95.65.5-38.1%
Sweden31.727.512.83.1-53.9%
China10513.01.91.3-76.9%
Turkey0.60.20.11.122.4%
Others12.227.112.413.02.1%
Total23814458.973.8-32.3%

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

  1. Poland (2.9K units)
  2. Finland (2.1K units)
  3. Germany (1.7K units)
  4. China (1.0K units)
  5. Denmark (0.9K units)
  6. Italy (0.8K units)
  7. Sweden (0.7K units)
  8. Turkey (0.6K units)

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

For the third consecutive year, Estonia recorded decline in overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s, which decreased by -50% to 2K units in 2022. Overall, exports continue to indicate a sharp setback. The smallest decline of -44.4% was in 2020. The exports peaked at 15K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s contracted rapidly to $16K in 2022. Over the period under review, exports saw a sharp curtailment. The smallest decline of -38.1% was in 2021. The exports peaked at $114K 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 Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland0.70.41.74.383.1%
Norway4.23.41.63.4-6.8%
Sweden13.09.23.22.2-44.7%
Lithuania50.224.115.41.9-66.4%
United StatesN/AN/AN/A1.30%
Latvia40.111.76.51.2-69.0%
PolandN/AN/A0.40.525.0%
DenmarkN/A8.16.00.1-88.9%
Russia1.32.60.70.1-57.5%
Others4.80.11.40.6-50.0%
Total11459.837.015.6-48.5%

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

  1. Sweden (747.0 units)
  2. Norway (522.0 units)
  3. United States (247.0 units)
  4. Finland (175.0 units)
  5. Lithuania (137.0 units)
  6. Latvia (83.0 units)
  7. Poland (47.0 units)
  8. Russia (12.0 units)
  9. Denmark (4.0 units)

Source: IndexBox Market Intelligence Platform

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