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

Contents:

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

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

The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $1.8 per unit in 2022, surging by 53% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. Over the period under review, average import prices hit record highs at $1.8 per unit in 2013; afterwards, it flattened through to 2022.

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 Colombia ($3.5 per unit), while the price for Hong Kong SAR ($272 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), 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 Costa Rica (FOB) - 2022

The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $1.6 per unit in 2022, jumping by 152% against the previous year. In general, the export price, however, showed a abrupt shrinkage. Over the period under review, the average export prices reached the maximum at $3 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($5.5 per unit), while the average price for exports to Mexico ($333 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 the Dominican Republic (+25.2%), 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 Costa Rica

In 2022, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Costa Rica skyrocketed to 85K units, with an increase of 23% against the year before. Over the period under review, imports, however, saw a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Imports peaked at 190K 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 surged to $154K in 2022. Overall, imports, however, continue to indicate a abrupt downturn. Imports peaked at $270K 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 Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20760.557.2114-18.0%
Colombia14.65.23.510.1-11.6%
United States16.75.810.89.8-16.3%
Panama2.62.61.23.813.5%
Guatemala9.45.32.33.6-27.4%
Taiwan (Chinese)1.61.41.51.5-2.1%
Others18.64.75.811.2-15.6%
Total27085.682.4154-17.1%

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

  1. China (62.3K units)
  2. United States (7.1K units)
  3. Panama (4.0K units)
  4. Taiwan (Chinese) (3.3K units)
  5. Colombia (2.9K units)
  6. Guatemala (1.4K units)

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

In 2022, overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s were finally on the rise to reach 412 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports of reached the peak figure at 502 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s skyrocketed to $655 in 2022. In general, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic10.029.035.0404243.1%
Canada83.010659.012213.7%
Honduras12110338.053.0-24.1%
United States23.022.070.011.0-21.8%
Guatemala6.02.01.011.022.4%
Spain9.08.03.06.0-12.6%
United Kingdom15.017.09.04.0-35.6%
Mexico4.012.01.01.0-37.0%
Panama1442.01.01.0-80.9%
Others55.050.017.042.0-8.6%
Total47035123465511.7%

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

  1. Canada (241.0 units)
  2. Dominican Republic (74.0 units)
  3. Honduras (32.0 units)
  4. Spain (17.0 units)
  5. Guatemala (13.0 units)
  6. United States (9.0 units)
  7. United Kingdom (5.0 units)
  8. Mexico (3.0 units)
  9. Panama (1.0 units)

Source: IndexBox Market Intelligence Platform

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