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

Contents:

  1. Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Germany (CIF) - 2024
  2. Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Germany (FOB) - 2022
  3. Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Germany
  4. Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Germany

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

In March 2024, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $1.9 per unit, jumping by 29% against the previous month. Overall, the import price, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in January 2024 an increase of 41% against the previous month. Over the period under review, average import prices reached the peak figure at $2.8 per unit in April 2023; however, from May 2023 to March 2024, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2024, the highest price was recorded for prices from Vietnam ($1.7 per unit) and China ($1.6 per unit), while the price for Turkey ($1.3 per unit) and Bangladesh ($1.5 per unit) were amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.4%), 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 Germany (FOB) - 2022

The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $4.1 per unit in 2022, dropping by -18.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 21% against the previous year. The export price peaked at $5.7 per unit in 2019; however, from 2020 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 Switzerland ($12 per unit), while the average price for exports to Poland ($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 Switzerland (+2.6%), 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 Germany

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 75% to 3.5M units in 2022. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $7.1M in 2022. In general, imports, however, continue to indicate a abrupt downturn. Imports peaked at $8.4M 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 Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5,7072,0552,2004,681-6.4%
Italy5493552765822.0%
Poland20648849451836.0%
Vietnam556225255484-4.5%
Netherlands11213879.915511.4%
United Kingdom35720088.6126-29.3%
Bangladesh20492.310988.6-24.3%
Others715766472470-13.1%
Total8,4074,3203,9747,104-5.5%

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

  1. China (2700.7K units)
  2. Vietnam (342.5K units)
  3. Netherlands (80.7K units)
  4. Italy (77.0K units)
  5. Poland (58.6K units)
  6. Bangladesh (53.6K units)
  7. United Kingdom (32.4K units)

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

In 2022, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s from Germany soared to 1.5M units, rising by 86% against the year before. In general, exports continue to indicate resilient growth. As a result, the exports reached 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 soared to $6.2M in 2022. Overall, exports, however, continue to indicate a pronounced decline. Over the period under review, the exports of attained the maximum at $7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7984406621,0379.1%
Switzerland977555792767-7.7%
Austria904490435719-7.3%
France553272339518-2.2%
Ireland22410111243124.4%
Netherlands590236196344-16.5%
United Kingdom337137217311-2.6%
Belgium386176176264-11.9%
Italy2251291882544.1%
Spain268123117242-3.3%
Slovakia13611977.0120-4.1%
Greece10161.547.71051.3%
Sweden23298.583.894.2-26.0%
Others1,244749631945-8.8%
Total6,9773,6874,0736,152-4.1%

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

  1. Poland (516.0K units)
  2. Ireland (152.0K units)
  3. Austria (143.2K units)
  4. France (95.0K units)
  5. United Kingdom (84.5K units)
  6. Netherlands (83.4K units)
  7. Switzerland (65.5K units)
  8. Spain (63.3K units)
  9. Belgium (57.1K units)
  10. Slovakia (42.2K units)
  11. Italy (38.1K units)
  12. Greece (28.8K units)
  13. Sweden (17.5K units)

Source: IndexBox Market Intelligence Platform

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