Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia - 2024
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia (CIF) - 2022
The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.5 per unit in 2022, growing by 3.4% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by +56.8% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of 83%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2.5 per unit), while the price for Italy totaled $2.5 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%).
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia (FOB) - 2022
In 2022, the average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $4 per unit, picking up by 72% against the previous year. Over the period under review, the export price, however, showed a deep downturn. Over the period under review, the average export prices attained the maximum at $10 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Papua New Guinea ($4 per unit) and the United States ($4 per unit), while the average price for exports to Solomon Islands ($4 per unit) and New Caledonia ($4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (+71.7%), while the prices for the other major destinations experienced a decline.
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia
Imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Australia soared to 1.2M units in 2022, growing by 59% against the previous year. In general, imports continue to indicate a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s soared to $2.9M in 2022. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 1.3 | 1.7 | 2.8 | 8.4% |
| Italy | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 2.3 | 1.4 | 1.8 | 2.9 | 8.0% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Australia in 2022:
- China (1127.4K units)
- Italy (28.0K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia
In 2022, overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by -4.1% to 30K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 639%. As a result, the exports attained the peak of 32K units, and then reduced in the following year.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s surged to $121K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 329%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 8.1 | 6.3 | 62.6 | 96.5 | 128.4% |
| Japan | N/A | N/A | N/A | 10.6 | 0% |
| Kiribati | N/A | N/A | N/A | 3.9 | 0% |
| United Kingdom | N/A | 0.8 | 0.1 | 3.1 | 96.9% |
| New Caledonia | N/A | N/A | 2.1 | 2.0 | -4.8% |
| United States | N/A | N/A | N/A | 1.9 | 0% |
| Papua New Guinea | 5.4 | 1.4 | 0.1 | 0.1 | -73.5% |
| China | 4.1 | N/A | 2.0 | N/A | -30.2% |
| United Arab Emirates | N/A | 8.4 | 0.9 | N/A | -89.3% |
| Samoa | N/A | N/A | 4.7 | N/A | 0% |
| Others | 1.8 | 0.2 | 1.0 | 2.8 | 15.9% |
| Total | 19.5 | 17.1 | 73.3 | 121 | 83.8% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Australia in 2022:
- New Zealand (24.2K units)
- Japan (2.7K units)
- Kiribati (1.0K units)
- United Kingdom (0.8K units)
- United States (0.5K units)
- New Caledonia (0.5K units)
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