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

Contents:

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

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

The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $3.2 per unit in 2022, with a decrease of -2.5% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ties, bow ties and cravats (not knitted or crocheted)s increased by +10.8% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $3.2 per unit in 2021, and then dropped in the following year.

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 ($12 per unit), while the price for China ($740 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.6%), 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 Slovakia (FOB) - 2022

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $4 per unit, rising by 6.9% against the previous year. In general, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 64% against the previous year. As a result, the export price attained the peak level of $4.2 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($4.1 per unit), while the average price for exports to Italy ($2.4 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 Turkey (+45.6%), 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 Slovakia

In 2022, purchases abroad of ties, bow ties and cravats (not knitted or crocheted)s was finally on the rise to reach 155K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp contraction. Over the period under review, imports of reached the peak figure at 317K 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 $490K in 2022. Overall, imports, however, saw a deep downturn. Imports peaked at $820K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.013186.819096.6%
Austria0.435.525.278.3480.6%
Czech Republic43.476.170.152.56.6%
Poland12912957.739.7-32.5%
Turkey3.80.20.231.0101.3%
China35360.56.230.4-55.8%
Italy18538.311.122.2-50.7%
Hungary0.31.61.46.8183.0%
Bangladesh29.50.25.9N/A-55.3%
Others51.724.416.039.2-8.8%
Total820497281490-15.8%

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

  1. Germany (55.8K units)
  2. China (41.1K units)
  3. Czech Republic (15.4K units)
  4. Turkey (11.1K units)
  5. Poland (8.8K units)
  6. Austria (8.7K units)
  7. Hungary (7.3K units)
  8. Italy (1.8K units)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s, when their volume increased by 40% to 53K units. Overall, exports, however, continue to indicate a precipitous decrease. Over the period under review, the exports of reached the peak figure at 489K 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 soared to $208K in 2022. Over the period under review, exports, however, showed a dramatic descent. Over the period under review, the exports of hit record highs at $905K 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic15210260.589.1-16.3%
Hungary91.054.438.348.9-18.7%
Poland47.218.410.420.7-24.0%
Austria2.42.51.08.351.2%
Italy60781.90.50.3-92.1%
Others4.987.628.240.4102.0%
Total905347139208-38.7%

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

  1. Czech Republic (25.5K units)
  2. Hungary (15.9K units)
  3. Poland (5.1K units)
  4. Austria (3.2K units)
  5. Italy (0.1K units)

Source: IndexBox Market Intelligence Platform

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