Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Angola - 2022

Contents:

  1. Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Angola (CIF) - 2022
  2. Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Angola

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Angola (CIF) - 2022

The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $834 per thousand units in 2022, with an increase of 6.7% against the previous year. Overall, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 103%. Over the period under review, average import prices reached the peak figure at $976 per thousand units in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 Portugal ($10 per unit), while the price for the Netherlands ($190 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Angola

In 2022, the amount of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s imported into Angola contracted remarkably to 179K units, which is down by -26.5% compared with the previous year's figure. Over the period under review, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 1,780%. Over the period under review, imports of attained the peak figure at 505K 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; of man-made fibres (not knitted or crocheted)s dropped notably to $149K in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,428%. Imports peaked at $240K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal58.52.861.531.2-18.9%
China1011.024.525.6-36.7%
India0.51.09.521.0247.6%
Spain4.00.83.518.065.1%
Turkey3.60.149.810.643.3%
Lebanon26.42.414.75.4-41.1%
United Arab Emirates0.80.10.45.286.6%
Thailand16.40.64.03.3-41.4%
Netherlands2.60.21.61.2-22.7%
Others25.83.621.128.02.8%
Total24012.5191149-14.7%

Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Angola in 2022:

  1. China (133.0K units)
  2. United Arab Emirates (15.6K units)
  3. Netherlands (6.5K units)
  4. India (4.9K units)
  5. Turkey (4.6K units)
  6. Spain (3.3K units)
  7. Portugal (3.1K units)
  8. Lebanon (2.1K units)
  9. Thailand (0.7K units)

Source: IndexBox Market Intelligence Platform

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