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

Contents:

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

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

The average import price for ties, bow ties and cravats (not knitted or crocheted)s stood at $2.7 per unit in 2022, increasing by 15% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 28%. As a result, import price attained the peak level of $4.1 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 ($13 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+19.0%), 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 Tunisia (FOB) - 2022

The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $8.9 per unit in 2022, growing by 58% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($16 per unit), while the average price for exports to Uzbekistan ($1.1 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 (+26.5%), 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 Tunisia

In 2022, supplies from abroad of ties, bow ties and cravats (not knitted or crocheted)s was finally on the rise to reach 56K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate resilient growth. 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 soared to $152K in 2022. In general, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey34.516.917.776.330.3%
Italy33.88.121.738.04.0%
Portugal0.1N/AN/A15.6438.3%
China20.612.07.88.6-25.3%
Others27.411.04.013.4-21.2%
Total11647.951.21529.4%

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

  1. Turkey (40.6K units)
  2. China (6.8K units)
  3. Italy (3.0K units)
  4. Portugal (1.7K units)

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

For the third year in a row, Tunisia recorded decline in shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s, which decreased by -84.2% to 3.5K units in 2022. Over the period under review, exports showed a dramatic decrease. The smallest decline of -20.4% was in 2021. The exports peaked at 64K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s contracted markedly to $31K in 2022. Overall, exports saw a sharp shrinkage. The smallest decline of -34.7% was in 2021. The exports peaked at $416K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy48.5N/A41.120.5-25.0%
Germany25512843.64.3-74.4%
United States0.6N/A0.41.226.0%
Kuwait21.10.52.51.0-63.8%
Morocco1.50.60.70.7-22.4%
United KingdomN/AN/A3.50.7-80.0%
Austria0.91.30.20.5-17.8%
Uzbekistan0.1N/AN/A0.10.0%
Russia38.040.125.8N/A-17.6%
France31.14.71.5N/A-78.0%
Others19.713.44.21.8-55.0%
Total41618912330.8-58.0%

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

  1. Italy (1310.0 units)
  2. Germany (968.0 units)
  3. Austria (269.0 units)
  4. Morocco (202.0 units)
  5. United Kingdom (172.0 units)
  6. Kuwait (100.0 units)
  7. Uzbekistan (82.0 units)
  8. United States (82.0 units)

Source: IndexBox Market Intelligence Platform

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