Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary (CIF) - 2022
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary (CIF) - 2022
In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $1.8 per unit, declining by -45.3% against the previous year. In general, the import price showed a perceptible reduction. The growth pace was the most rapid in 2019 when the average import price increased by 175% against the previous year. As a result, import price attained the peak level of $5.6 per unit. From 2020 to 2022, the average import prices remained at a lower figure.
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 Austria ($11 per unit), while the price for China ($785 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.1%), 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 Hungary (FOB) - 2022
The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $2.5 per unit in 2022, falling by -41.7% against the previous year. Over the period under review, the export price showed a mild contraction. The growth pace was the most rapid in 2016 when the average export price increased by 77%. Over the period under review, the average export prices hit record highs at $6.4 per unit in 2018; however, from 2019 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 Austria ($13 per unit), while the average price for exports to Spain ($607 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 Poland (+13.7%), 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 Hungary
In 2022, purchases abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 97% to 442K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a pronounced setback. Imports peaked at 514K 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 rose markedly to $793K in 2022. Over the period under review, imports, however, faced a significant contraction. Over the period under review, imports of attained the maximum at $2.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 264 | 215 | 148 | 244 | -2.6% |
| Austria | 1,788 | 58.6 | 57.7 | 117 | -59.7% |
| Turkey | 100 | 85.6 | 73.9 | 107 | 2.3% |
| Germany | 321 | 212 | 246 | 101 | -32.0% |
| Slovakia | 90.8 | 58.0 | 38.7 | 56.1 | -14.8% |
| Spain | 85.9 | 34.3 | 33.2 | 49.5 | -16.8% |
| Poland | 62.1 | 52.3 | 41.3 | 36.1 | -16.5% |
| Others | 171 | 108 | 95.7 | 82.9 | -21.4% |
| Total | 2,882 | 823 | 734 | 793 | -35.0% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Hungary in 2022:
- China (310.5K units)
- Turkey (50.9K units)
- Slovakia (21.6K units)
- Poland (15.3K units)
- Germany (11.3K units)
- Austria (10.2K units)
- Spain (6.9K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary
In 2022, approx. 25K units of ties, bow ties and cravats (not knitted or crocheted)s were exported from Hungary; picking up by 144% on the previous year's figure. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s skyrocketed to $64K in 2022. In general, exports, however, faced a abrupt setback. The exports peaked at $105K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 23.5 | 25.1 | 5.5 | 11.0 | -22.4% |
| Croatia | 9.3 | 4.9 | 3.0 | 8.4 | -3.3% |
| Italy | 2.5 | 11.9 | 3.4 | 6.5 | 37.5% |
| Romania | 2.5 | 5.1 | 1.9 | 6.0 | 33.9% |
| Slovakia | 31.6 | 15.0 | 4.0 | 5.9 | -42.8% |
| Germany | 0.4 | 10.0 | 12.0 | 5.2 | 135.1% |
| Czech Republic | 20.2 | 2.6 | 3.0 | 4.8 | -38.1% |
| Poland | 0.9 | 9.1 | 2.2 | 2.1 | 32.6% |
| Serbia | 0.8 | 0.8 | 1.3 | 1.9 | 33.4% |
| Greece | 0.1 | 0.2 | N/A | 1.5 | 146.6% |
| Slovenia | 0.9 | 1.1 | 1.3 | 1.5 | 18.6% |
| Spain | 2.2 | 2.2 | 0.3 | 1.0 | -23.1% |
| Moldova | 1.2 | 0.5 | 0.2 | 0.6 | -20.6% |
| Others | 8.5 | 8.3 | 7.2 | 8.1 | -1.6% |
| Total | 105 | 96.7 | 45.3 | 64.5 | -15.0% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Hungary in 2022:
- Croatia (8.8K units)
- Slovakia (3.6K units)
- Romania (1.9K units)
- Serbia (1.7K units)
- Spain (1.6K units)
- Italy (1.5K units)
- Czech Republic (1.1K units)
- Austria (0.8K units)
- Germany (0.8K units)
- Poland (0.7K units)
- Greece (0.6K units)
- Moldova (0.4K units)
- Slovenia (0.4K units)
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