Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia - 2024
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia (CIF) - 2022
The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.7 per unit in 2022, jumping by 25% against the previous year. In general, the import price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure at $4.5 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($16 per unit), while the price for the Netherlands ($732 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.9%), 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 Latvia (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 $1.8 per unit, declining by -8% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the maximum at $4.2 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($6.8 per unit), while the average price for exports to Estonia ($1.4 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 Spain (+36.6%), while the prices for the other major destinations experienced a decline.
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia
In 2022, purchases abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by 59% to 31K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a mild decline. Imports peaked at 32K 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 soared to $83K in 2022. In general, imports, however, recorded a drastic downturn. Imports peaked at $109K 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 26.1 | 17.9 | 15.4 | 34.5 | 9.7% |
| China | 25.6 | 10.4 | 3.9 | 16.0 | -14.5% |
| Spain | 2.1 | 0.3 | 0.1 | 9.8 | 67.1% |
| Poland | 15.2 | 6.8 | 5.4 | 7.3 | -21.7% |
| Germany | 2.8 | 3.3 | 2.5 | 3.8 | 10.7% |
| Italy | 0.6 | 2.9 | 3.3 | 3.6 | 81.7% |
| Lithuania | 5.8 | 3.5 | 1.0 | 2.3 | -26.5% |
| Estonia | 24.8 | 11.7 | 2.6 | 0.6 | -71.1% |
| Netherlands | 0.3 | 2.3 | 3.6 | 0.1 | -30.7% |
| Others | 5.8 | 3.9 | 4.1 | 5.1 | -4.2% |
| Total | 109 | 63.2 | 42.0 | 83.2 | -8.6% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Latvia in 2022:
- Turkey (13.8K units)
- China (9.2K units)
- Poland (2.9K units)
- Germany (1.0K units)
- Italy (0.9K units)
- Spain (0.6K units)
- Lithuania (0.5K units)
- Netherlands (0.1K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Latvia
In 2022, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s from Latvia surged to 8.3K units, rising by 68% against the previous year's figure. In general, exports recorded a significant expansion. 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 skyrocketed to $15K in 2022. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 88%. As a result, the exports attained the peak of $18K. 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.3 | 12.3 | 7.4 | 14.0 | 82.6% |
| Lithuania | 1.7 | 2.8 | 0.3 | 0.3 | -43.9% |
| Estonia | 3.0 | 1.4 | 0.2 | 0.2 | -59.5% |
| Uzbekistan | 0.7 | N/A | N/A | N/A | 0% |
| Malta | 2.0 | 0.6 | N/A | N/A | -70.0% |
| Georgia | N/A | 0.8 | 1.0 | N/A | 25.0% |
| Others | N/A | 0.5 | 0.7 | 0.3 | -22.5% |
| Total | 9.8 | 18.3 | 9.5 | 14.7 | 14.5% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Latvia in 2022:
- Russia (7.9K units)
- Lithuania (0.2K units)
- Estonia (0.1K units)
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