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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $4 per unit, which is down by -8.4% against the previous year. In general, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 34%. The import price peaked at $7 per unit in 2012; however, from 2013 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 France ($23 per unit), while the price for China ($943 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $6.3 per unit, picking up by 55% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 72%. The export price peaked at $7.6 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($23 per unit), while the average price for exports to Spain ($3.4 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 Italy (+14.6%), 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 Portugal

In 2022, purchases abroad of ties, bow ties and cravats (not knitted or crocheted)s was finally on the rise to reach 452K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a sharp downturn. Over the period under review, imports of reached the maximum at 1.1M 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 $1.8M in 2022. Over the period under review, imports, however, showed a precipitous slump. Over the period under review, imports of reached the peak figure at $6M 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,342565436821-15.1%
Italy665234138269-26.0%
China38727483.8246-14.0%
France337317190221-13.1%
Germany455141149151-30.8%
Netherlands93.023.548.121.6-38.5%
United Kingdom2,6283.811.617.8-81.1%
Others50.124.748.351.61.0%
Total5,9571,5821,1051,799-32.9%

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

  1. China (261.2K units)
  2. Spain (128.3K units)
  3. Italy (24.3K units)
  4. France (9.7K units)
  5. Germany (9.1K units)
  6. Netherlands (7.1K units)
  7. United Kingdom (1.9K units)

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

Exports of ties, bow ties and cravats (not knitted or crocheted)s from Portugal dropped dramatically to 122K units in 2022, with a decrease of -15.3% on 2021 figures. Overall, exports continue to indicate a drastic downturn. The smallest decline of -0.1% was in 2020. Over the period under review, the exports of reached the peak figure at 153K 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 skyrocketed to $765K in 2022. In general, exports continue to indicate a abrupt curtailment. Over the period under review, the exports of hit record highs at $1.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain432392198258-15.8%
United Arab Emirates20095.879.5159-7.4%
Italy36.438.341.851.712.4%
United Kingdom6.87.844.843.685.8%
Morocco3.11.6N/A36.2126.9%
Angola18130.046.535.7-41.8%
France12061.532.732.7-35.2%
Malaysia19.10.21.419.30.3%
HungaryN/A13.7N/AN/A0%
Others16795.1138128-8.5%
Total1,165736582765-13.1%

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

  1. Spain (76.2K units)
  2. United Arab Emirates (17.3K units)
  3. United Kingdom (4.7K units)
  4. Angola (4.3K units)
  5. Morocco (3.7K units)
  6. France (2.7K units)
  7. Malaysia (2.3K units)
  8. Italy (2.2K units)

Source: IndexBox Market Intelligence Platform

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