Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India - 2024
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India (FOB) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India (CIF) - 2022
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India (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 $4 per unit, which is down by -15.5% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by -29.7% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices attained the peak figure at $5.7 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($4 per unit) and the United States ($4 per unit), while the average price for exports to Nigeria ($4 per unit) and Kuwait ($4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India (CIF) - 2022
The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.5 per unit in 2022, increasing by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($2.5 per unit) and Hong Kong SAR ($2.5 per unit), while the price for Spain ($2.5 per unit) and China ($2.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India
In 2022, overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by -38.1% to 137K units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 55%. As a result, the exports reached the peak of 456K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s declined remarkably to $548K in 2022. Overall, exports showed a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 25.8 | 46.2 | 389 | 119 | 66.5% |
| United Arab Emirates | 1,073 | 2,270 | 120 | 89.5 | -56.3% |
| United States | 51.7 | 23.8 | 36.7 | 75.6 | 13.5% |
| Qatar | 51.6 | 38.6 | 62.8 | 52.5 | 0.6% |
| Saudi Arabia | 3.0 | 2.8 | 6.9 | 26.5 | 106.7% |
| Kuwait | 33.4 | 11.0 | 16.5 | 26.4 | -7.5% |
| Italy | 0.3 | 3.1 | 3.5 | 20.4 | 308.2% |
| Netherlands | 3.1 | 7.0 | 5.4 | 18.3 | 80.7% |
| Germany | 15.3 | 6.3 | 3.8 | 10.6 | -11.5% |
| Spain | 80.5 | 21.2 | 10.1 | 8.8 | -52.2% |
| Bangladesh | 9.0 | N/A | 1.5 | 8.4 | -2.3% |
| South Africa | 8.8 | 0.6 | 265 | N/A | 448.8% |
| Brazil | 130 | N/A | N/A | N/A | 0% |
| Others | 180 | 129 | 127 | 91.1 | -20.3% |
| Total | 1,666 | 2,559 | 1,047 | 548 | -31.0% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from India in 2022:
- United Kingdom (29.9K units)
- United Arab Emirates (22.4K units)
- United States (18.9K units)
- Qatar (13.2K units)
- Saudi Arabia (6.6K units)
- Kuwait (6.6K units)
- Italy (5.1K units)
- Netherlands (4.6K units)
- Germany (2.7K units)
- Spain (2.2K units)
- Bangladesh (2.1K units)
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in India
In 2022, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into India soared to 78K units, picking up by 30% compared with the previous year's figure. In general, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. Imports peaked at 139K 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 soared to $192K in 2022. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of attained the maximum at $289K 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 193 | 86.9 | 132 | 136 | -11.0% |
| Hong Kong SAR | 53.3 | 0.1 | N/A | 17.7 | -30.8% |
| Malaysia | N/A | N/A | N/A | 13.1 | 0% |
| Germany | 1.7 | 0.7 | N/A | 6.7 | 58.0% |
| Denmark | 0.4 | N/A | 2.9 | 5.9 | 145.2% |
| United Kingdom | 3.8 | 0.5 | 3.0 | 3.7 | -0.9% |
| Turkey | N/A | N/A | N/A | 3.5 | 0% |
| Belgium | 12.0 | N/A | N/A | 2.0 | -45.0% |
| Spain | 6.6 | 2.8 | 2.3 | 0.8 | -50.5% |
| Bangladesh | 13.0 | 0.9 | N/A | N/A | -93.1% |
| Others | 5.6 | 4.9 | 2.0 | 2.1 | -27.9% |
| Total | 289 | 96.8 | 142 | 192 | -12.7% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to India in 2022:
- China (55.5K units)
- Hong Kong SAR (7.2K units)
- Malaysia (5.3K units)
- Germany (2.7K units)
- Denmark (2.4K units)
- United Kingdom (1.5K units)
- Turkey (1.4K units)
- Belgium (0.8K units)
- Spain (0.3K units)
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In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
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In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
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