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

Contents:

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

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

The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $4.9 per unit in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2020 an increase of 20% against the previous year. The import price peaked at $4.9 per unit in 2021, and then fell slightly 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 Italy ($9.5 per unit), while the price for China ($3.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.4%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $23 per unit, surging by 51% against the previous year. In general, the export price, however, saw a mild decline. The export price peaked at $44 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Singapore ($28 per unit), while the average price for exports to Papua New Guinea ($2.6 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 Switzerland (+7.0%), 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 New Zealand

In 2022, imports of ties, bow ties and cravats (not knitted or crocheted)s into New Zealand expanded notably to 158K units, growing by 11% on 2021 figures. Overall, imports, however, continue to indicate a abrupt setback. Imports peaked at 294K 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 amounted to $777K in 2022. Over the period under review, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. Over the period under review, imports of reached the peak figure at $1.2M 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 New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China690361451431-14.5%
Italy351158208307-4.4%
Australia43.921.220.819.8-23.3%
Others69.871.022.319.9-34.2%
Total1,155611702777-12.4%

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

  1. China (117.9K units)
  2. Italy (32.2K units)
  3. Australia (4.9K units)

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

Exports of ties, bow ties and cravats (not knitted or crocheted)s from New Zealand contracted to 15K units in 2022, declining by -5.1% against the year before. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 35% against the previous year. The exports peaked at 20K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s skyrocketed to $356K in 2022. In general, exports recorded a relatively flat trend pattern. The exports peaked at $364K 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 New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2952192153313.9%
Singapore45.510.87.810.4-38.9%
SwitzerlandN/A1.83.68.4116.0%
Japan11.23.92.53.7-30.9%
Fiji5.01.10.80.3-60.9%
Samoa0.63.813.2N/A369.0%
Others6.417.95.81.7-35.7%
Total364258248356-0.7%

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

  1. Australia (13.4K units)
  2. Japan (0.9K units)
  3. Singapore (0.4K units)
  4. Switzerland (0.4K units)

Source: IndexBox Market Intelligence Platform

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