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

Contents:

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

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Japan (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 $2.4 per unit, waning by -5.8% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 18% month-to-month. Over the period under review, average import prices reached the peak figure at $2.9 per unit in December 2023; however, from January 2024 to March 2024, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From May 2023 to March 2024, the rate of growth in terms of prices for China amounted to +0.1% per month.

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

The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $8.3 per unit in 2022, which is down by -15.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices hit record highs at $37 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 the United States ($29 per unit), while the average price for exports to South Korea ($4.1 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 the United States (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s were finally on the rise to reach 3.4M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt contraction. Over the period under review, imports of hit record highs at 4.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s skyrocketed to $8.3M in 2022. In general, imports, however, faced a abrupt decrease. Imports peaked at $12M 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 Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.77.15.48.0-11.9%
Others0.30.30.20.30.0%
Total12.17.45.68.3-11.8%

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

  1. China (3.3M units)

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

In 2022, the amount of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s exported from Japan skyrocketed to 4.9K units, picking up by 27% against 2021. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 78% against the previous year. As a result, the exports attained the peak of 7.2K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s totaled $40K in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $66K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/A14.114.10.0%
Hong Kong SAR5.0N/A6.28.820.7%
China23.161.017.08.0-29.8%
South KoreaN/AN/AN/A6.00%
Thailand7.1N/AN/A1.8-36.7%
CambodiaN/A4.5N/AN/A0%
Others4.7N/AN/A1.5-31.7%
Total39.965.537.440.20.3%

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

  1. Vietnam (1503.0 units)
  2. South Korea (1449.0 units)
  3. China (1009.0 units)
  4. Hong Kong SAR (785.0 units)
  5. Thailand (64.0 units)

Source: IndexBox Market Intelligence Platform

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