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

Contents:

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

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

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $21 per unit, falling by -9.8% against the previous year. Over the last seven-year period, it increased at an average annual rate of +5.8%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 34%. The export price peaked at $24 per unit in 2021, and then contracted in the following year.

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 Switzerland ($47 per unit), while the average price for exports to Croatia ($1.5 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $4.3 per unit, declining by -40.7% against the previous year. Overall, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 22%. As a result, import price attained the peak level of $7.2 per unit, and then contracted sharply 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 the UK ($33 per unit), while the price for China ($1.8 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s was finally on the rise to reach 4.1M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the exports of hit record highs at 6.6M 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 stood at $88M in 2022. In general, exports, however, showed a abrupt decrease. The exports peaked at $144M 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 Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.114.911.718.9-12.4%
Switzerland31.316.515.114.4-22.8%
France10.16.26.79.1-3.4%
Japan16.213.210.98.7-18.7%
Germany9.05.86.45.5-15.1%
United Kingdom8.74.22.53.3-27.6%
Netherlands2.51.72.63.06.3%
Spain5.72.22.23.0-19.3%
Sweden2.11.21.82.78.7%
Canada2.71.10.71.7-14.3%
Turkey2.11.00.81.1-19.4%
Greece1.30.80.70.7-18.6%
Croatia0.40.30.20.2-20.6%
Others23.615.214.415.4-13.3%
Total14484.376.887.8-15.2%

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

  1. United States (625.3K units)
  2. Germany (476.9K units)
  3. France (439.7K units)
  4. Switzerland (302.7K units)
  5. Greece (294.9K units)
  6. Japan (258.7K units)
  7. Spain (230.6K units)
  8. United Kingdom (218.0K units)
  9. Sweden (177.9K units)
  10. Croatia (153.3K units)
  11. Netherlands (137.1K units)
  12. Canada (98.6K units)
  13. Turkey (78.5K units)

Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Italy

In 2022, overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s increased by 117% to 3.3M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt setback. Over the period under review, imports of hit record highs at 4.2M 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 surged to $14M in 2022. Overall, imports, however, recorded a abrupt slump. Imports peaked at $21M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.24.03.05.06.0%
China8.53.42.24.9-16.8%
Switzerland2.21.92.10.9-25.8%
Spain0.70.30.30.5-10.6%
Netherlands0.70.50.60.4-17.0%
Germany0.60.90.40.4-12.6%
Serbia0.70.20.10.1-47.7%
Others3.32.32.42.0-15.4%
Total20.913.510.914.1-12.3%

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

  1. China (2742.4K units)
  2. France (154.6K units)
  3. Spain (78.8K units)
  4. Germany (59.3K units)
  5. Netherlands (38.3K units)
  6. Switzerland (34.4K units)
  7. Serbia (11.1K units)

Source: IndexBox Market Intelligence Platform

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