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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $4.8 per unit, which is down by -9.2% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 14%. Over the period under review, average import prices attained the maximum at $7.8 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($17 per unit), while the price for China ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-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 Finland (FOB) - 2022

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $12 per unit, waning by -18.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $18 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($35 per unit), while the average price for exports to South Korea ($2 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 (+12.8%), 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 Finland

In 2022, supplies from abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 94% to 275K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a slight contraction. Over the period under review, imports of reached the peak figure at 286K 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 skyrocketed to $1.3M in 2022. Overall, imports, however, continue to indicate a pronounced reduction. Over the period under review, imports of attained the peak figure at $1.5M 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 Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden92.047449772899.3%
Italy28352.217.1183-13.5%
Germany12885.863.61577.0%
China86782.1103142-45.3%
Denmark3.924.717.835.8109.4%
Poland0.317.25.421.9317.9%
Others83.775.949.657.0-12.0%
Total1,4588117541,325-3.1%

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

  1. Sweden (131.6K units)
  2. China (93.5K units)
  3. Germany (15.3K units)
  4. Italy (10.5K units)
  5. Denmark (9.6K units)
  6. Poland (8.1K units)

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

In 2022, exports of ties, bow ties and cravats (not knitted or crocheted)s from Finland expanded remarkably to 4.6K units, picking up by 14% against the previous year. Over the period under review, exports, however, continue to indicate a pronounced descent. The exports peaked at 5.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s dropped to $56K in 2022. Overall, exports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of 2.9%. As a result, the exports attained the peak of $63K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.835.830.522.3203.2%
Estonia22.011.510.016.7-8.8%
Latvia7.95.83.08.00.4%
FranceN/A0.52.43.9179.3%
PolandN/A0.30.11.7138.0%
Sweden12.26.08.60.1-79.8%
Norway1.3N/A0.10.1-57.5%
Russia10.41.40.20.1-78.7%
Others7.12.05.12.9-25.8%
Total61.663.459.955.8-3.2%

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

  1. Estonia (1850.0 units)
  2. Germany (1340.0 units)
  3. Latvia (674.0 units)
  4. Poland (221.0 units)
  5. France (211.0 units)
  6. Norway (15.0 units)
  7. Russia (13.0 units)
  8. Sweden (6.0 units)

Source: IndexBox Market Intelligence Platform

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