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

Contents:

  1. Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Sweden (FOB) - 2024
  2. Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Sweden (CIF) - 2024
  3. Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Sweden
  4. Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Sweden

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

In March 2024, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $15.5 per unit, reducing by -39.5% against the previous month. In general, the export price saw a perceptible setback. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 92% month-to-month. The export price peaked at $29.4 per unit in January 2024; however, from February 2024 to March 2024, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($38.6 per unit), while the average price for exports to Iceland ($3.5 per unit) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $5.8 per unit in March 2024, rising by 57% against the previous month. Overall, the import price, however, recorded a perceptible downturn. Over the period under review, average import prices reached the peak figure at $11.1 per unit in January 2024; however, from February 2024 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was China ($3.4 per unit), while the price for Bangladesh amounted to $1.0 per unit.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Denmark (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of ties, bow ties and cravats (not knitted or crocheted)s were finally on the rise to reach 369K units after two years of decline. In general, exports, however, saw a abrupt descent. Over the period under review, the exports of reached the maximum at 479K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s skyrocketed to $6.9M in 2022. Overall, exports recorded noticeable growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3185951,0622,56524.9%
Norway8827658931,20210.9%
United Kingdom46713954071615.3%
Finland729422415579-7.4%
Denmark537266303495-2.7%
Germany818335242304-28.1%
Canada29562.2102284-1.3%
Austria13354.912.329.9-39.2%
Others909507484746-6.4%
Total6,0883,1454,0546,9214.4%

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

  1. Norway (99.4K units)
  2. Finland (93.8K units)
  3. United States (70.0K units)
  4. Denmark (33.9K units)
  5. United Kingdom (19.2K units)
  6. Germany (11.0K units)
  7. Canada (9.8K units)
  8. Austria (0.9K units)

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

Imports of ties, bow ties and cravats (not knitted or crocheted)s into Sweden surged to 1.1M units in 2022, with an increase of 27% compared with the year before. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s skyrocketed to $6.8M in 2022. In general, imports, however, recorded a slight downturn. Over the period under review, imports of hit record highs at $7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,9771,2901,5682,5388.7%
China2,6371,5651,7142,496-1.8%
Germany535356341482-3.4%
Netherlands78.210310129856.2%
Denmark363265217248-11.9%
United Kingdom959503147162-44.7%
Bangladesh36.948.946.653.513.2%
Others4184083564855.1%
Total7,0054,5394,4916,763-1.2%

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

  1. China (761.0K units)
  2. Italy (134.3K units)
  3. Bangladesh (54.6K units)
  4. Germany (41.3K units)
  5. Denmark (40.1K units)
  6. Netherlands (29.8K units)
  7. United Kingdom (3.8K units)

Source: IndexBox Market Intelligence Platform

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