Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in the UK - 2024
Contents:
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in the UK (CIF) - 2022
- Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in the UK (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in the UK
- Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in the UK
Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in the UK (CIF) - 2022
The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $3.3 per unit in 2022, which is down by -13.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 49% against the previous year. The import price peaked at $4.4 per unit in 2020; however, from 2021 to 2022, 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 ($48 per unit), while the price for Bangladesh ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.7%), 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 the UK (FOB) - 2022
The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $14 per unit in 2022, rising by 20% against the previous year. In general, the export price saw buoyant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($40 per unit), while the average price for exports to Poland ($2.5 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 (+12.5%), 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 the UK
After two years of decline, supplies from abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 96% to 7M units in 2022. In general, imports, however, faced a abrupt setback. Over the period under review, imports of attained the maximum at 11M 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 $23M in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. Imports peaked at $37M 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.9 | 6.9 | 6.6 | 16.8 | -0.2% |
| Italy | 10.0 | 6.0 | 4.1 | 4.1 | -25.7% |
| France | 5.5 | 2.8 | 1.8 | 1.3 | -38.2% |
| Germany | 2.0 | 1.1 | 0.4 | 0.1 | -63.2% |
| Others | 2.8 | 1.5 | 1.0 | 1.3 | -22.6% |
| Total | 37.2 | 18.3 | 13.9 | 23.5 | -14.2% |
Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to the UK in 2022:
- China (6.3M units)
- Italy (0.3M units)
Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in the UK
In 2022, approx. 507K units of ties, bow ties and cravats (not knitted or crocheted)s were exported from the UK; dropping by -30.9% compared with the previous year. In general, exports continue to indicate a sharp descent. Over the period under review, the exports of hit record highs at 2.7M 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 fell rapidly to $7M in 2022. Over the period under review, exports faced a precipitous slump. The smallest decline of -9.6% was in 2021. The exports peaked at $18M 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,043 | 1,401 | 771 | 1,453 | -21.8% |
| Italy | 2,264 | 1,118 | 2,194 | 1,136 | -20.5% |
| France | 1,306 | 630 | 1,564 | 813 | -14.6% |
| Hong Kong SAR | 338 | 293 | 272 | 468 | 11.5% |
| South Korea | 309 | 192 | 763 | 359 | 5.1% |
| China | 52.9 | 17.8 | 41.7 | 317 | 81.6% |
| Ethiopia | 87.3 | 27.2 | 228 | 270 | 45.7% |
| Ireland | 1,395 | 526 | 529 | 222 | -45.8% |
| Germany | 1,767 | 1,118 | 216 | 209 | -50.9% |
| Netherlands | 288 | 134 | 129 | 168 | -16.4% |
| Canada | 368 | 142 | 32.3 | 138 | -27.9% |
| United Arab Emirates | 53.2 | 18.8 | 81.4 | 43.4 | -6.6% |
| Poland | 52.2 | 23.3 | 23.6 | 26.4 | -20.3% |
| Others | 6,906 | 3,730 | 1,626 | 1,371 | -41.7% |
| Total | 18,229 | 9,370 | 8,469 | 6,992 | -27.3% |
Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from the UK in 2022:
- United States (60.4K units)
- France (57.0K units)
- Ireland (49.7K units)
- Italy (44.9K units)
- Germany (44.6K units)
- Netherlands (32.3K units)
- South Korea (28.2K units)
- China (27.8K units)
- Ethiopia (19.8K units)
- Hong Kong SAR (11.8K units)
- Poland (10.6K units)
- Canada (10.3K units)
- United Arab Emirates (9.3K units)
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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...
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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...
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