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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $2.1 per unit, with an increase of 7.7% against the previous year. In general, the import price, however, recorded a drastic downturn. The growth pace was the most rapid in 2016 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure at $4.9 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($6.4 per unit), while the price for South Africa ($164 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+4.8%), while the prices for the other major suppliers experienced a decline.

Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Oman (FOB) - 2022

The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $4.1 per unit in 2022, surging by 19% against the previous year. Overall, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 51% against the previous year. The export price peaked at $4.9 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 France ($14 per unit), while the average price for exports to Qatar ($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 India (+21.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Oman

After two years of decline, purchases abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 31% to 52K units in 2022. Overall, imports, however, saw a dramatic decrease. Over the period under review, imports of hit record highs at 130K 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 soared to $107K in 2022. In general, imports, however, showed a dramatic downturn. Imports peaked at $233K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates15382.631.438.6-36.8%
China11.61.36.812.62.8%
India22.23.19.49.1-25.7%
Qatar6.41.92.38.07.7%
Turkey6.73.01.95.7-5.2%
Lebanon1.10.81.84.661.1%
Bangladesh5.83.33.22.8-21.6%
South AfricaN/AN/AN/A1.00%
Thailand1.30.80.80.8-14.9%
United States0.20.21.40.644.2%
Others24.518.917.423.6-1.2%
Total23311676.4107-22.8%

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

  1. United Arab Emirates (17.4K units)
  2. China (8.4K units)
  3. South Africa (6.2K units)
  4. India (4.6K units)
  5. Turkey (3.8K units)
  6. Lebanon (2.3K units)
  7. Bangladesh (1.7K units)
  8. Thailand (1.5K units)
  9. Qatar (1.2K units)
  10. United States (0.9K units)

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

In 2022, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s decreased by -84.9% to 435 units for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 137% against the previous year. Over the period under review, the exports of attained the peak figure at 2.9K units in 2021, and then declined significantly in the following year.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s contracted notably to $1.8K in 2022. Overall, exports, however, showed a measured increase. The pace of growth was the most pronounced in 2020 with an increase of 248%. Over the period under review, the exports of reached the maximum at $10K in 2021, and then contracted dramatically in the following year.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.44.65.51.1-7.7%
United Arab Emirates0.10.33.70.344.2%
FranceN/AN/AN/A0.30%
IndiaN/A0.10.10.10.0%
KuwaitN/A0.4N/AN/A0%
IranN/AN/A0.3N/A0%
YemenN/AN/A0.3N/A0%
Others0.1N/AN/AN/A0%
Total1.65.510.01.84.0%

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

  1. Qatar (372.0 units)
  2. United Arab Emirates (32.0 units)
  3. France (22.0 units)
  4. India (9.0 units)

Source: IndexBox Market Intelligence Platform

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