Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland (CIF) - 2024
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland (CIF) - 2024
The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $4.6 per unit in March 2024, which is down by -15.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 128% m-o-m. As a result, import price attained the peak level of $7.0 per unit. From December 2023 to March 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($11.3 per unit), while the price for China ($2.4 per unit) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland (FOB) - 2022
In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $6.2 per unit, growing by 4.2% against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 76% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6.7 per unit), while the average price for exports to Spain ($4.4 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 Belgium (+41.4%), 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 Ireland
In 2022, imports of ties, bow ties and cravats (not knitted or crocheted)s into Ireland skyrocketed to 1.1M units, picking up by 163% against the previous year's figure. Over the period under review, imports, however, recorded a abrupt slump. Over the period under review, imports of hit record highs at 1.3M 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 $4M in 2022. Overall, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 989 | 177 | 474 | 1,168 | 5.7% |
| Germany | 825 | 380 | 295 | 1,046 | 8.2% |
| United Kingdom | 644 | 450 | 1,023 | 876 | 10.8% |
| Netherlands | 70.0 | 123 | 48.3 | 369 | 74.0% |
| Turkey | 49.3 | 33.8 | 13.7 | 59.3 | 6.3% |
| Others | 721 | 336 | 317 | 531 | -9.7% |
| Total | 3,299 | 1,501 | 2,170 | 4,050 | 7.1% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Ireland in 2022:
- China (468.9K units)
- Germany (370.8K units)
- United Kingdom (138.5K units)
- Netherlands (50.3K units)
- Turkey (25.8K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland
In 2022, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s was finally on the rise to reach 29K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic decline. Over the period under review, the exports of hit record highs at 63K 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 soared to $180K in 2022. Overall, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 45%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 140 | 78.5 | 88.2 | 157 | 3.9% |
| Netherlands | 1.1 | 3.2 | 3.8 | 5.0 | 65.7% |
| France | 3.6 | 4.0 | 3.5 | 4.1 | 4.4% |
| Spain | 7.7 | N/A | 2.7 | 0.9 | -51.1% |
| Others | 6.2 | 6.8 | 36.0 | 12.3 | 25.7% |
| Total | 158 | 92.5 | 134 | 180 | 4.4% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Ireland in 2022:
- United Kingdom (25.6K units)
- France (0.9K units)
- Netherlands (0.8K units)
- Spain (0.2K units)
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