Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait - 2022
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait (CIF) - 2022
The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.2 per unit in 2022, with an increase of 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2019 an increase of 22%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Tunisia ($8.1 per unit), while the price for Syrian Arab Republic ($914 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.9%), 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 Kuwait (FOB) - 2022
The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $1.3 per unit in 2022, growing by 33% against the previous year. Overall, the export price recorded a resilient expansion. The growth pace was the most rapid in 2013 when the average export price increased by 103%. The export price peaked at $3.5 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +58.2% per year.
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait
In 2022, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Kuwait soared to 91K units, jumping by 65% against the previous year's figure. Overall, imports continue to indicate a strong increase. 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 $198K in 2022. In general, imports continue to indicate buoyant growth. 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 Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 19.9 | 20.9 | 23.0 | 53.9 | 39.4% |
| Turkey | 18.5 | 4.0 | 12.3 | 36.7 | 25.7% |
| China | 45.5 | 13.9 | 29.9 | 22.4 | -21.0% |
| India | 3.6 | 3.2 | 2.7 | 19.2 | 74.7% |
| Mauritius | 4.8 | 5.1 | 5.6 | 13.1 | 39.7% |
| Italy | 37.2 | 1.6 | 6.8 | 10.8 | -33.8% |
| Syrian Arab Republic | 4.1 | 3.6 | 3.6 | 7.7 | 23.4% |
| Lebanon | 0.8 | 1.2 | 1.6 | 3.8 | 68.1% |
| United States | 0.4 | 0.5 | 1.0 | 3.7 | 109.9% |
| Egypt | 3.3 | 2.5 | 2.0 | 3.3 | 0.0% |
| Bulgaria | 1.1 | 1.0 | 1.0 | 2.3 | 27.9% |
| United Arab Emirates | 8.4 | 6.6 | 0.1 | 0.3 | -67.1% |
| Others | 14.8 | 11.5 | 9.5 | 20.5 | 11.5% |
| Total | 162 | 75.6 | 99.0 | 198 | 6.9% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Kuwait in 2022:
- Turkey (23.3K units)
- China (14.2K units)
- India (12.2K units)
- Syrian Arab Republic (8.4K units)
- Italy (6.9K units)
- Tunisia (6.7K units)
- Mauritius (3.6K units)
- Lebanon (2.4K units)
- United States (2.3K units)
- Bulgaria (2.3K units)
- Egypt (1.7K units)
- United Arab Emirates (0.2K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Kuwait
In 2022, after three years of growth, there was significant decline in shipments abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s, when their volume decreased by -37.8% to 3.5K units. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 343% against the previous year. The exports peaked at 5.6K units in 2021, and then dropped notably in the following year.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s fell markedly to $4.5K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 235%. As a result, the exports reached the peak of $6.5K. 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 Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.3 | 0.4 | 5.4 | 4.5 | 146.6% |
| Netherlands | N/A | 6.1 | N/A | N/A | 0% |
| Oman | 0.1 | N/A | N/A | N/A | 0% |
| Others | 1.6 | N/A | N/A | N/A | 0% |
| Total | 2.0 | 6.5 | 5.4 | 4.5 | 31.0% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Kuwait in 2022:
- Spain (3.5K units)
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