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

Contents:

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

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

In 2022, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $2.1 per unit, which is down by -1.6% against the previous year. Overall, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 36%. The import price peaked at $4.2 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($7.2 per unit), while the price for China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+2.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $4.9 per unit in 2022, shrinking by -29% against the previous year. In general, the export price recorded a abrupt descent. The growth pace was the most rapid in 2020 when the average export price increased by 24%. Over the period under review, the average export prices attained the maximum at $11 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Spain ($15 per unit), while the average price for exports to the UK ($1.7 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 Spain (+19.7%), 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 Finland

In 2022, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Finland soared to 105K units, jumping by 57% against 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.7% against 2020 indices. 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 soared to $225K in 2022. In general, imports, however, continue to indicate a noticeable curtailment. Over the period under review, imports of reached the peak figure at $241K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden16.138.687.411793.7%
China14837.329.656.5-27.5%
PolandN/A16.14.920.212.0%
Germany56.57.710.018.1-31.6%
Denmark0.511.65.58.7159.1%
Others19.39.68.54.4-38.9%
Total241121146225-2.3%

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

  1. Sweden (47.0K units)
  2. China (42.2K units)
  3. Poland (7.5K units)
  4. Germany (4.0K units)
  5. Denmark (3.4K units)

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

In 2022, approx. 1.5K units of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s were exported from Finland; picking up by 12% on the previous year. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s contracted dramatically to $7.4K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 54% against the previous year. Over the period under review, the exports of attained the maximum at $9.3K in 2021, and then shrank significantly in the following year.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia2.72.24.33.812.1%
PolandN/A0.2N/A1.5173.9%
GermanyN/A3.33.21.0-45.0%
Latvia0.10.10.60.571.0%
Russia0.20.4N/AN/A100.0%
Sweden2.12.30.4N/A-56.4%
Others0.50.10.80.50.0%
Total5.68.69.37.49.7%

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

  1. Estonia (721.0 units)
  2. Poland (548.0 units)
  3. Latvia (82.0 units)
  4. Germany (82.0 units)
  5. Sweden (3.0 units)
  6. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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