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

Contents:

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

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

The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $2.5 per unit in 2022, waning by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 16%. As a result, import price attained the peak level of $2.6 per unit, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($7 per unit), while the price for China ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $6.5 per unit, which is down by -36.4% against the previous year. Overall, the export price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2018 an increase of 110%. The export price peaked at $11 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($11 per unit), while the average price for exports to the United States stood at $6.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+47.5%), 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 Jordan

In 2022, after two years of decline, there was significant growth in purchases abroad of ties, bow ties and cravats (not knitted or crocheted)s, when their volume increased by 18% to 178K units. Overall, imports, however, recorded a abrupt descent. Imports peaked at 344K 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 $450K in 2022. Over the period under review, imports, however, faced a drastic downturn. Imports peaked at $687K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China340202187242-10.7%
Italy12282.981.71486.7%
France18.114.5N/A36.025.8%
Turkey12767.968.414.2-51.8%
Lebanon51.220.250.29.5-43.0%
Others29.219.47.2N/A-50.3%
Total687407395450-13.2%

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

  1. China (124.8K units)
  2. Italy (40.0K units)
  3. Turkey (6.5K units)
  4. France (5.6K units)
  5. Lebanon (1.4K units)

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

In 2022, exports of ties, bow ties and cravats (not knitted or crocheted)s from Jordan soared to 912 units, with an increase of 300% against the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached 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 $6K in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 209%. As a result, the exports attained the peak of $7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.35.72.35.432.9%
LebanonN/AN/AN/A0.50%
IsraelN/A1.0N/AN/A0%
OthersN/A0.4N/AN/A0%
Total2.37.02.36.037.7%

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

  1. United States (852.0 units)
  2. Lebanon (48.0 units)

Source: IndexBox Market Intelligence Platform

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