Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh - 2022
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh (CIF) - 2022
The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.4 per unit in 2022, surging by 9.5% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The growth pace was the most rapid in 2014 when the average import price increased by 53%. As a result, import price attained the peak level of $2.8 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($2.6 per unit), while the price for China stood at $2.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%).
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh (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 $1.3 per unit, dropping by -62.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 112%. As a result, the export price attained the peak level of $3.4 per unit, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($4.9 per unit), while the average price for exports to the United Arab Emirates ($271 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh
After two years of decline, supplies from abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by 53% to 710K units in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. Over the period under review, imports of reached the peak figure at 1.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s soared to $1.7M in 2022. In general, imports, however, continue to indicate a drastic downturn. Over the period under review, imports of attained the peak figure at $2.8M 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 Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,722 | 1,199 | 978 | 1,672 | -15.0% |
| Hong Kong SAR | 24.9 | 124 | 45.3 | 32.0 | 8.7% |
| Others | 9.0 | N/A | 2.9 | 10.4 | 4.9% |
| Total | 2,756 | 1,323 | 1,026 | 1,714 | -14.6% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Bangladesh in 2022:
- China (694.1K units)
- Hong Kong SAR (12.2K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh
In 2022, shipments abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s was finally on the rise to reach 825K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s rose rapidly to $1M in 2022. In general, exports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 5.3%. Over the period under review, the exports of hit record highs at $1.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 354 | 173 | 9.2 | 470 | 9.9% |
| Poland | 94.4 | 146 | 2.0 | 119 | 8.0% |
| Germany | 204 | 96.2 | 5.3 | 94.9 | -22.5% |
| Spain | 96.8 | 55.1 | 1.7 | 55.9 | -16.7% |
| United Kingdom | 37.0 | 32.6 | 1.0 | 44.4 | 6.3% |
| Sweden | 35.6 | 40.8 | 1.7 | 32.7 | -2.8% |
| United Arab Emirates | 21.7 | 6.2 | 1.4 | 31.6 | 13.3% |
| Canada | 90.5 | 140 | 1.5 | 22.6 | -37.0% |
| Russia | 61.1 | 42.8 | 934 | N/A | 291.0% |
| Others | 352 | 200 | 25.3 | 162 | -22.8% |
| Total | 1,347 | 933 | 983 | 1,033 | -8.5% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Bangladesh in 2022:
- United States (411.2K units)
- United Arab Emirates (116.9K units)
- Poland (53.9K units)
- Germany (48.7K units)
- Spain (40.6K units)
- Sweden (36.2K units)
- United Kingdom (21.7K units)
- Canada (8.8K units)
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