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

Contents:

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

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Guatemala (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 $1.4 per unit, rising by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. Over the period under review, average import prices attained the maximum at $1.6 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Italy ($12 per unit), while the price for China ($984 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+29.1%), 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 Guatemala (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 $1.5 per unit, which is down by -10.6% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2014 an increase of 59% against the previous year. Over the period under review, the average export prices hit record highs at $2.7 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($3.4 per unit), while the average price for exports to El Salvador ($1 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 Honduras (+5.7%), 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 Guatemala

In 2022, purchases abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s was finally on the rise to reach 120K units after two years of decline. Over the period under review, imports enjoyed a tangible expansion. 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 $173K in 2022. In general, imports showed a measured expansion. As a result, imports reached 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 Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China62.936.335.893.214.0%
Italy23.414.421.229.58.0%
Mexico39.520.44.314.0-29.2%
Colombia13.54.12.512.1-3.6%
VietnamN/AN/AN/A10.60%
IndiaN/AN/AN/A5.10%
United States4.13.30.43.6-4.2%
El Salvador5.81.01.70.6-53.1%
Others8.69.94.14.4-20.0%
Total15889.470.01733.1%

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

  1. China (94.7K units)
  2. Vietnam (5.9K units)
  3. Mexico (5.1K units)
  4. Colombia (3.9K units)
  5. United States (3.2K units)
  6. Italy (2.5K units)
  7. India (2.5K units)
  8. El Salvador (0.2K units)

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

In 2022, approx. 7.5K units of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s were exported from Guatemala; rising by 233% against the previous year's figure. Overall, exports saw resilient growth. As a result, the exports attained 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 $11K in 2022. Over the period under review, exports, however, showed a slight reduction. Over the period under review, the exports of reached the maximum at $12K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador1.4N/A0.55.153.9%
Costa Rica9.50.12.73.8-26.3%
HondurasN/AN/AN/A1.10%
NicaraguaN/A1.00.51.00.0%
United StatesN/A3.4N/A0.1-82.9%
CubaN/A0.5N/AN/A0%
Others0.80.10.10.1-50.0%
Total11.75.03.811.2-1.4%

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

  1. El Salvador (4.9K units)
  2. Costa Rica (1.1K units)
  3. Honduras (0.6K units)
  4. Nicaragua (0.6K units)
  5. United States (0.1K units)

Source: IndexBox Market Intelligence Platform

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