Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia (CIF) - 2022
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia (CIF) - 2022
In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $4.7 per unit, falling by -1.6% against the previous year. In general, the import price recorded a slight decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 44% against the previous year. As a result, import price reached the peak level of $7.6 per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 the Netherlands ($23 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 Malta (+34.8%), 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 Latvia (FOB) - 2022
In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $12 per unit, with an increase of 82% against the previous year. Overall, the export price showed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($13 per unit), while the average price for exports to Romania ($1.4 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 Poland (+11.5%), 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 Latvia
In 2022, overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s increased by 29% to 40K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a slight reduction. Over the period under review, imports of attained the peak figure at 42K 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 surged to $188K in 2022. Overall, imports, however, saw a abrupt curtailment. Over the period under review, imports of hit record highs at $307K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 27.6 | 18.2 | 15.7 | 34.7 | 7.9% |
| Netherlands | 29.9 | 11.2 | 10.9 | 28.6 | -1.5% |
| Poland | 33.3 | 24.1 | 16.6 | 28.0 | -5.6% |
| China | 26.0 | 11.0 | 18.7 | 18.3 | -11.0% |
| Germany | 53.8 | 61.3 | 42.1 | 16.5 | -32.6% |
| Spain | 10.8 | 1.6 | 0.5 | 12.5 | 5.0% |
| Lithuania | 30.0 | 16.6 | 11.3 | 10.0 | -30.7% |
| Italy | 5.5 | 31.1 | 14.4 | 7.6 | 11.4% |
| Finland | 7.9 | 5.4 | 2.3 | 7.6 | -1.3% |
| Malta | N/A | N/A | 4.3 | 7.4 | 72.1% |
| United Kingdom | 3.7 | 7.5 | 1.9 | 1.9 | -19.9% |
| Denmark | 35.9 | 9.1 | 2.4 | 1.6 | -64.5% |
| Estonia | 38.6 | 15.0 | 3.0 | 1.4 | -66.9% |
| Others | 4.2 | 4.9 | 3.7 | 11.7 | 40.7% |
| Total | 307 | 217 | 148 | 188 | -15.1% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Latvia in 2022:
- Turkey (14.2K units)
- China (9.7K units)
- Poland (5.4K units)
- Malta (2.0K units)
- Netherlands (1.3K units)
- Lithuania (1.3K units)
- Germany (1.3K units)
- Italy (1.1K units)
- Spain (0.8K units)
- Finland (0.7K units)
- Denmark (0.2K units)
- Estonia (0.1K units)
- United Kingdom (0.1K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Latvia
In 2022, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s decreased by -25.7% to 5K units, falling for the second year in a row after two years of growth. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 92% against the previous year. As a result, the exports reached the peak of 8.1K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s soared to $58K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 218%. As a result, the exports reached the peak of $66K. 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.1 | 46.2 | 23.2 | 42.2 | 102.3% |
| Kazakhstan | N/A | 0.5 | N/A | 11.0 | 369.0% |
| Lithuania | 8.6 | 11.0 | 12.7 | 1.4 | -45.4% |
| Poland | N/A | 1.0 | 1.5 | 1.1 | 4.9% |
| Romania | N/A | N/A | N/A | 0.9 | 0% |
| Estonia | 3.9 | 1.5 | 0.5 | 0.3 | -57.5% |
| Denmark | N/A | 4.4 | 3.5 | 0.1 | -84.9% |
| Uzbekistan | 0.7 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 1.7 | 1.6 | 1.0 | -26.3% |
| Total | 20.8 | 66.3 | 43.0 | 58.0 | 40.8% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Latvia in 2022:
- Russia (3192.0 units)
- Kazakhstan (875.0 units)
- Romania (657.0 units)
- Lithuania (122.0 units)
- Poland (83.0 units)
- Estonia (41.0 units)
- Denmark (7.0 units)
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In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
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In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
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In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
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In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
