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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $3.6 per unit, rising by 160% against the previous year. In general, the import price posted a buoyant increase. The growth pace was the most rapid in 2020 an increase of 281%. As a result, import price reached the peak level of $11 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($8.3 per unit), while the price for China ($550 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for ties, bow ties and cravats (not knitted or crocheted)s stood at $7.9 per unit in 2022, rising by 4.5% against the previous year. In general, the export price recorded a tangible increase. The pace of growth was the most pronounced in 2020 an increase of 422%. As a result, the export price attained the peak level of $12 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($17 per unit), while the average price for exports to Spain stood at $6.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+19.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 11K units of ties, bow ties and cravats (not knitted or crocheted)s were imported into Venezuela; picking up by 7.5% against 2021. Over the period under review, imports, however, continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 559%. Imports peaked at 27K 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 surged to $40K in 2022. In general, imports, however, continue to indicate a precipitous decrease. Over the period under review, imports of hit record highs at $79K 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 Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy13.66.5N/A20.414.5%
Spain6.38.82.47.66.5%
Colombia6.5N/A1.66.81.5%
China23.3N/A7.32.2-54.5%
PeruN/AN/AN/A0.80%
Panama22.71.3N/AN/A-94.3%
TurkeyN/AN/A0.4N/A0%
Others6.50.62.52.0-32.5%
Total78.817.214.239.7-20.4%

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

  1. China (4.1K units)
  2. Italy (3.9K units)
  3. Colombia (1.1K units)
  4. Spain (0.9K units)
  5. Peru (0.8K units)

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

After two years of decline, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s increased by 217% to 38 units in 2022. In general, exports, however, showed a dramatic decrease. The exports peaked at 1.6K 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 surged to $301 in 2022. Over the period under review, exports, however, showed a dramatic decline. Over the period under review, the exports of attained the maximum at $3.7K 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 Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain80326891.0198-37.3%
United Arab EmiratesN/AN/AN/A1030%
Dominican Republic2,721N/AN/AN/A0%
Others137N/AN/AN/A0%
Total3,66126891.0301-56.5%

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

  1. Spain (32.0 units)
  2. United Arab Emirates (6.0 units)

Source: IndexBox Market Intelligence Platform

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