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

Contents:

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

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

The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $599 per thousand units in 2022, picking up by 15% against the previous year. Overall, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by 64% against the previous year. Over the period under review, average import prices attained the peak figure at $1 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Turkey ($1.7 per unit), while the price for China stood at $588 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%).

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Cameroon (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 $2.1 per unit, almost unchanged from the previous year. In general, the export price saw temperate growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 156% against the previous year. The export price peaked at $2.6 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -3.7% per year.

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

Imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Cameroon skyrocketed to 228K units in 2022, rising by 245% against the previous year. In general, imports posted significant growth. As a result, imports attained 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 skyrocketed to $136K in 2022. Over the period under review, imports saw significant 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 Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.546.920.713369.1%
Turkey11.220.112.43.6-31.5%
Others2.81.51.20.2-58.5%
Total41.668.534.413648.4%

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

  1. China (225.4K units)
  2. Turkey (2.1K units)

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

In 2022, shipments abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by 0% to 1.9K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s totaled $3.9K in 2022. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. 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 Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A3.90%
Portugal0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.1N/AN/A3.9239.1%

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

  1. United Kingdom (1884.0 units)

Source: IndexBox Market Intelligence Platform

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