Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico (CIF) - 2024
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico (CIF) - 2024
In February 2024, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $6.6 per unit, growing by 39% against the previous month. Overall, the import price, however, recorded a abrupt descent. Over the period under review, average import prices reached the maximum at $18.4 per unit in July 2023; however, from August 2023 to February 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2023 to February 2024, the rate of growth in terms of prices for China amounted to -16.4% per month.
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico (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 a decrease of -14.3% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. The export price peaked at $70 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($14 per unit), while the average price for exports to the United States amounted to $12 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.7%), 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 Mexico
After two years of decline, supplies from abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 78% to 274K units in 2022. In general, imports, however, saw a precipitous slump. Over the period under review, imports of reached the maximum at 767K 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 skyrocketed to $5.5M in 2022. Over the period under review, imports, however, recorded a abrupt decline. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 1.6 | 1.8 | 3.9 | -13.4% |
| Italy | 3.0 | 1.4 | 1.2 | 1.5 | -20.6% |
| Spain | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| France | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 10.3 | 3.4 | 3.1 | 5.5 | -18.9% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Mexico in 2022:
- China (196.9K units)
- Italy (73.9K units)
- France (2.0K units)
- Spain (1.4K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico
In 2022, exports of ties, bow ties and cravats (not knitted or crocheted)s from Mexico skyrocketed to 51K units, surging by 255% against the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports attained 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 soared to $595K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 210 | 114 | 195 | 593 | 41.3% |
| Guatemala | 76.8 | 39.7 | N/A | N/A | -48.3% |
| Others | 34.0 | 31.5 | 0.9 | 1.6 | -63.9% |
| Total | 321 | 186 | 195 | 595 | 22.8% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Mexico in 2022:
- United States (51.2K units)
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