Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Belgium - 2024

Contents:

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

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

The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.8 per unit in 2022, approximately reflecting the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.7% 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 +81.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 82%. As a result, import price reached the peak level of $2.8 per unit, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8.9 per unit), while the price for Bangladesh ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Belgium (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 $2.7 per unit, growing by 40% against the previous year. In general, the export price, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 50%. As a result, the export price attained the peak level of $6 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($45 per unit), while the average price for exports to Hungary ($1.2 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 the UK (+17.0%), 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 Belgium

In 2022, the amount of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s imported into Belgium soared to 357K units, rising by 36% against the previous year's figure. Over the period under review, imports saw noticeable growth. The pace of growth was the most pronounced in 2020 when imports increased by 103% against the previous year. As a result, imports attained the peak of 637K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s skyrocketed to $1M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2932562953496.0%
China98.143017026839.8%
France12630.371.792.7-9.7%
Netherlands81.214345.992.04.3%
Denmark46.058.115.144.7-1.0%
Turkey32.717.734.542.59.1%
Bangladesh6.8N/A2.930.164.2%
Others12750.010684.5-12.7%
Total8109857401,0037.4%

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

  1. China (166.0K units)
  2. Germany (62.6K units)
  3. France (32.3K units)
  4. Bangladesh (27.9K units)
  5. Netherlands (22.2K units)
  6. Turkey (20.1K units)
  7. Denmark (13.9K units)

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

Exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s from Belgium expanded markedly to 166K units in 2022, with an increase of 9.6% against 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 378% against the previous year. As a result, the exports reached the peak of 225K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s surged to $446K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 176%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.931.456.910373.0%
France18.119197.781.365.0%
Spain2.33.813.168.5210.0%
Italy2.582.644.660.2188.8%
Netherlands20.78.621.332.015.6%
Luxembourg35.931.011.311.1-32.4%
United Kingdom2.611.70.41.4-18.6%
Hungary0.825.315.91.111.2%
BulgariaN/A4.63.21.0-53.4%
Others50.734.026.186.919.7%
Total15442429044642.5%

Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Belgium in 2022:

  1. France (50.6K units)
  2. Italy (37.1K units)
  3. Spain (23.1K units)
  4. Germany (21.8K units)
  5. Netherlands (13.0K units)
  6. Luxembourg (5.1K units)
  7. Bulgaria (1.0K units)
  8. Hungary (0.9K units)
  9. United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

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