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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $1.3 per unit, rising by 4.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. Over the period under review, average import prices reached the peak figure at $1.9 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 ($10 per unit), while the price for China stood at $1.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%).

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

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $2.6 per unit, shrinking by -8.6% against the previous year. Overall, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices hit record highs at $5 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4.8 per unit), while the average price for exports to Venezuela ($1.3 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 France (+19.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s, when their volume increased by 449% to 937K units. Overall, imports, however, recorded a deep setback. Imports peaked at 1.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s soared to $1.2M in 2022. Over the period under review, imports, however, showed a abrupt descent. Over the period under review, imports of attained the peak figure at $1.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. China (920.5K units)
2. Italy (8.1K units)

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

In 2022, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s decreased by -25.4% to 17K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 21%. As a result, the exports attained the peak of 22K units, and then fell sharply in the following year.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s declined sharply to $44K in 2022. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 6% against the previous year. The exports peaked at $64K in 2021, and then reduced rapidly in the following year.

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

1. Chile (3.5K units)
2. Ecuador (3.5K units)
3. France (2.5K units)
4. United States (1.8K units)
5. Colombia (1.6K units)
6. Aruba (1.1K units)
7. Venezuela (1.0K units)

Source: IndexBox Market Intelligence Platform