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

Contents:

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

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

The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $1.6 per unit in 2022, growing by 3.5% against the previous year. Overall, the import price recorded mild growth. The growth pace was the most rapid in 2013 an increase of 126% against the previous year. As a result, import price attained the peak level of $3.1 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8.6 per unit), while the price for Japan ($223 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $3.1 per unit in 2022, waning by -14.1% against the previous year. Overall, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 49%. The export price peaked at $4.2 per unit in 2020; however, from 2021 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 France ($36 per unit), while the average price for exports to India ($580 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+24.9%), 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 Thailand

After two years of decline, purchases abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 47% to 1M units in 2022. In general, imports, however, showed a pronounced reduction. Imports peaked at 1.1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s surged to $1.7M in 2022. Overall, imports, however, saw a pronounced reduction. Over the period under review, imports of hit record highs at $1.9M 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 Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6204553926431.2%
France649473421613-1.9%
China484222141261-18.6%
Japan26.649.346.958.930.3%
United States12.014.133.141.050.6%
Others61.954.257.239.0-14.3%
Total1,8531,2671,0911,656-3.7%

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

  1. China (535.4K units)
  2. Japan (264.3K units)
  3. Italy (75.6K units)
  4. France (71.5K units)
  5. United States (62.3K units)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s, when their volume increased by 249% to 183K units. Overall, exports, however, recorded a abrupt setback. The exports peaked at 324K 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 surged to $564K in 2022. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the exports of reached the maximum at $965K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India71.95.11.957.5-7.2%
China27639.75.856.8-41.0%
Saudi ArabiaN/AN/A21.042.2101.0%
Japan65.622.112.125.8-26.7%
United States45.012.219.416.1-29.0%
United Kingdom36.35.20.714.2-26.9%
Germany29.61.91.012.6-24.8%
Singapore24.265.313.812.5-19.8%
Hong Kong SAR8.716.411.88.70.0%
Maldives2.80.45.94.920.5%
Denmark10.00.3N/A3.6-28.9%
Others39611994.8309-7.9%
Total965288188564-16.4%

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

  1. India (99.1K units)
  2. Japan (17.9K units)
  3. United Kingdom (12.1K units)
  4. China (7.3K units)
  5. Denmark (5.1K units)
  6. Saudi Arabia (4.9K units)
  7. United States (4.1K units)
  8. Hong Kong SAR (3.7K units)
  9. Germany (2.8K units)
  10. Maldives (1.8K units)
  11. Singapore (0.4K units)

Source: IndexBox Market Intelligence Platform

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