Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania (CIF) - 2022
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania (CIF) - 2022
The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $3.8 per unit in 2022, falling by -5.4% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 29%. As a result, import price reached the peak level of $11 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14 per unit), while the price for Poland ($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 (+5.6%), 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 Lithuania (FOB) - 2022
The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $9 per unit in 2022, dropping by -14.7% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ties, bow ties and cravats (not knitted or crocheted)s decreased by -34.9% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 33% against the previous year. The export price peaked at $14 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($16 per unit), while the average price for exports to Norway ($4.2 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 the UK (+14.6%), 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 Lithuania
In 2022, the amount of ties, bow ties and cravats (not knitted or crocheted)s imported into Lithuania soared to 59K units, jumping by 32% on the year before. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s soared to $225K in 2022. Over the period under review, imports, however, faced a sharp descent. Imports peaked at $464K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 79.2 | 47.5 | 57.1 | 69.0 | -4.5% |
| China | 34.8 | 26.8 | 24.3 | 42.8 | 7.1% |
| Netherlands | 41.5 | 18.3 | 26.5 | 41.9 | 0.3% |
| Germany | 35.3 | 24.1 | 14.9 | 24.9 | -11.0% |
| Italy | 119 | 33.3 | 26.5 | 11.3 | -54.4% |
| Denmark | 14.2 | 9.7 | 3.5 | 5.0 | -29.4% |
| Estonia | 85.7 | 31.2 | 5.4 | 1.6 | -73.5% |
| Others | 53.9 | 43.5 | 21.3 | 28.5 | -19.1% |
| Total | 464 | 234 | 180 | 225 | -21.4% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Lithuania in 2022:
- Poland (35.7K units)
- China (8.2K units)
- Netherlands (7.1K units)
- Germany (1.8K units)
- Italy (0.8K units)
- Denmark (0.8K units)
- Estonia (0.3K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania
In 2022, after two years of decline, there was significant growth in overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s, when their volume increased by 62% to 14K units. Overall, exports, however, faced a dramatic decrease. The exports peaked at 31K 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 $127K in 2022. Over the period under review, exports, however, saw a precipitous slump. Over the period under review, the exports of hit record highs at $350K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 132 | 76.2 | 41.4 | 42.2 | -31.6% |
| Belarus | 18.7 | 11.8 | 0.7 | 19.1 | 0.7% |
| Sweden | 41.9 | 6.6 | 4.2 | 18.9 | -23.3% |
| Latvia | 49.0 | 16.9 | 18.0 | 14.4 | -33.5% |
| Denmark | 7.0 | 2.3 | 2.3 | 5.2 | -9.4% |
| Norway | 22.8 | 0.6 | 1.7 | 5.1 | -39.3% |
| Estonia | 23.9 | 4.8 | 3.8 | 3.8 | -45.8% |
| Uzbekistan | 0.2 | N/A | 12.1 | N/A | 677.8% |
| Others | 54.6 | 22.0 | 7.9 | 18.8 | -29.9% |
| Total | 350 | 141 | 92.2 | 127 | -28.7% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Lithuania in 2022:
- Russia (3.6K units)
- Belarus (2.9K units)
- Sweden (1.9K units)
- Norway (1.2K units)
- Latvia (0.9K units)
- Estonia (0.8K units)
- Denmark (0.8K units)
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