Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Singapore - 2023
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Singapore (CIF) - 2022
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Singapore (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Singapore
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Singapore
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Singapore (CIF) - 2022
The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $9.9 per unit in 2022, falling by -10.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2020 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs at $11 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($15 per unit), while the price for Sri Lanka ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), 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 Singapore (FOB) - 2022
In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $21 per unit, waning by -14.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2016 an increase of 15% against the previous year. The export price peaked at $30 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($22 per unit), while the average price for exports to Malaysia ($12 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 Indonesia (+4.4%), 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 Singapore
In 2022, overseas purchases of ties, bow ties and cravats (not knitted or crocheted)s increased by 45% to 839K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt setback. Imports peaked at 1.4M 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 $8.3M in 2022. Over the period under review, imports, however, recorded a deep slump. Over the period under review, imports of reached the peak figure at $10M 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 Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.9 | 5.4 | 4.4 | 6.1 | -4.0% |
| France | 2.4 | 1.6 | 1.1 | 1.2 | -20.6% |
| India | N/A | 0.2 | 0.5 | 0.3 | 22.5% |
| China | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
| United Kingdom | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Sri Lanka | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.4 | 0.1 | 0.2 | 0.0% |
| Total | 10.1 | 8.0 | 6.4 | 8.3 | -6.3% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Singapore in 2022:
- Italy (399.4K units)
- France (234.5K units)
- Sri Lanka (54.0K units)
- India (50.3K units)
- China (48.8K units)
- United Kingdom (29.1K units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Singapore
In 2022, the amount of ties, bow ties and cravats (not knitted or crocheted)s exported from Singapore skyrocketed to 249K units, rising by 30% against the year before. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s rose remarkably to $5.3M in 2022. Over the period under review, exports, however, showed a abrupt decline. Over the period under review, the exports of attained the maximum at $6.8M 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4,117 | 3,459 | 3,488 | 3,786 | -2.8% |
| Australia | 407 | 217 | 241 | 402 | -0.4% |
| Thailand | 180 | 122 | 142 | 264 | 13.6% |
| Vietnam | 91.1 | 109 | 402 | 215 | 33.1% |
| Malaysia | 148 | 66.0 | 67.3 | 137 | -2.5% |
| Indonesia | 227 | 124 | 110 | 125 | -18.0% |
| Qatar | 38.5 | 19.8 | 25.9 | 102 | 38.4% |
| South Korea | 1,194 | 1,074 | 63.5 | 1.4 | -89.5% |
| Others | 363 | 240 | 225 | 289 | -7.3% |
| Total | 6,768 | 5,431 | 4,763 | 5,322 | -7.7% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Singapore in 2022:
- Japan (169.8K units)
- Australia (18.2K units)
- Thailand (12.1K units)
- Malaysia (11.5K units)
- Vietnam (9.7K units)
- Indonesia (6.8K units)
- Qatar (4.6K units)
- South Korea (0.1K units)
312
This report provides an in-depth analysis of the tie market in Singapore.
465
This report provides an in-depth analysis of the silk tie market in Singapore.
519
Global Tie Market Report 2018. This report provides an in-depth analysis of the global tie market.
732
This report provides an in-depth analysis of the global silk tie market.
312
This report provides an in-depth analysis of the tie market in Singapore.
465
This report provides an in-depth analysis of the silk tie market in Singapore.
519
Global Tie Market Report 2018. This report provides an in-depth analysis of the global tie market.
732
This report provides an in-depth analysis of the global silk tie market.
1420
In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
2961
In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
1420
In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
2961
In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
