Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana - 2023
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana (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 $205 per thousand units, shrinking by -8.9% against the previous year. Overall, the import price, however, posted a notable increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 81%. Over the period under review, average import prices attained the maximum at $344 per thousand units in 2015; however, from 2016 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 South Africa ($1.1 per unit), while the price for Niger ($50 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%), 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 Ghana (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 $55 per thousand units, falling by -66.1% against the previous year. Overall, the export price saw a deep slump. The export price peaked at $556 per thousand units in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($118 per thousand units), while the average price for exports to the United States totaled $10 per thousand units.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (-7.3%).
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana
In 2022, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Ghana soared to 55K units, surging by 45% on the previous year. In general, imports, however, showed a dramatic downturn. Over the period under review, imports of reached the peak figure at 622K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s skyrocketed to $11K in 2022. Overall, imports, however, saw a sharp contraction. Imports peaked at $96K 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 Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 86.0 | N/A | 3.5 | 4.0 | -64.0% |
| South Africa | 2.9 | N/A | 0.8 | 2.6 | -3.6% |
| Thailand | 1.0 | N/A | 1.1 | 1.0 | 0.0% |
| India | 0.1 | N/A | 0.2 | 0.8 | 100.0% |
| United States | 0.6 | N/A | 0.1 | 0.6 | 0.0% |
| Niger | N/A | N/A | N/A | 0.2 | 0% |
| Hong Kong SAR | 1.5 | N/A | 0.1 | 0.1 | -59.5% |
| Others | 3.9 | N/A | 2.6 | 1.9 | -21.3% |
| Total | 95.9 | N/A | 8.5 | 11.2 | -51.1% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Ghana in 2022:
- China (32.1K units)
- Thailand (7.4K units)
- United States (4.4K units)
- Niger (3.7K units)
- South Africa (2.3K units)
- Hong Kong SAR (1.4K units)
- India (1.1K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana
In 2022, after two years of decline, there was significant decline in overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s, when their volume decreased by -41% to 164 units. In general, exports, however, posted a significant expansion. Over the period under review, the exports of hit record highs at 278 units in 2021, and then fell significantly in the following year.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s contracted sharply to $9 in 2022. Overall, exports continue to indicate a precipitous contraction. The exports peaked at $45 in 2021, and then shrank notably in the following year.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 5.0 | N/A | 24.0 | 8.0 | 17.0% |
| United States | N/A | N/A | 19.0 | 1.0 | -94.7% |
| Others | 15.0 | N/A | 2.0 | N/A | -63.5% |
| Total | 20.0 | N/A | 45.0 | 9.0 | -23.4% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Ghana in 2022:
- United States (96.0 units)
- Cote d'Ivoire (68.0 units)
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