Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway (CIF) - 2024
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway (CIF) - 2024
In March 2024, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $10.0 per unit, shrinking by -2.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 42% m-o-m. The import price peaked at $11.5 per unit in January 2024; however, from February 2024 to March 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($20.7 per unit), while the price for Bangladesh ($3.2 per unit) was amongst the lowest.
From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Italy (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway (FOB) - 2022
The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $8.2 per unit in 2022, reducing by -10.7% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 94% against the previous year. The export price peaked at $9.2 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($17 per unit), while the average price for exports to Iceland ($2.9 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 Belgium (+29.9%), 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 Norway
Imports of ties, bow ties and cravats (not knitted or crocheted)s into Norway expanded remarkably to 391K units in 2022, rising by 14% against the year before. Over the period under review, imports, however, saw a abrupt descent. Over the period under review, imports of attained the maximum at 473K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s surged to $3.3M in 2022. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at $3.4M 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,931 | 1,404 | 1,429 | 2,014 | 1.4% |
| Italy | 895 | 609 | 547 | 870 | -0.9% |
| United Kingdom | 129 | 70.0 | 71.9 | 89.9 | -11.3% |
| Bangladesh | 16.6 | 19.2 | 11.2 | 15.7 | -1.8% |
| Others | 460 | 219 | 319 | 346 | -9.1% |
| Total | 3,432 | 2,321 | 2,378 | 3,337 | -0.9% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Norway in 2022:
- China (299.9K units)
- Italy (50.3K units)
- Bangladesh (6.9K units)
- United Kingdom (6.1K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Norway
In 2022, overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s were finally on the rise to reach 5.2K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous setback. The exports peaked at 10K 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 surged to $43K in 2022. In general, exports, however, saw a abrupt descent. The exports peaked at $53K 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.1 | 18.7 | 14.0 | 25.8 | 47.1% |
| Germany | 0.4 | 8.6 | 6.9 | 3.4 | 104.1% |
| United States | 0.2 | N/A | 0.1 | 3.0 | 146.6% |
| Denmark | 0.2 | 2.4 | 1.5 | 3.0 | 146.6% |
| Belgium | 0.6 | N/A | 0.2 | 2.2 | 54.2% |
| Netherlands | N/A | N/A | N/A | 0.8 | 0% |
| United Kingdom | 5.9 | N/A | 2.4 | 0.4 | -59.2% |
| Iceland | 1.7 | 2.2 | 0.4 | 0.1 | -61.1% |
| Lithuania | 33.3 | 11.7 | N/A | N/A | -64.9% |
| Others | 3.0 | 1.7 | 8.8 | 4.2 | 11.9% |
| Total | 53.4 | 45.4 | 34.3 | 42.9 | -7.0% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Norway in 2022:
- Sweden (3732.0 units)
- Germany (444.0 units)
- Denmark (336.0 units)
- United States (204.0 units)
- Netherlands (144.0 units)
- Belgium (132.0 units)
- Iceland (48.0 units)
- United Kingdom (36.0 units)
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