Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico - 2024
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico (CIF) - 2024
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico (CIF) - 2024
In February 2024, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $2.5 per unit, approximately reflecting the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 4.6% month-to-month. Over the period under review, average import prices hit record highs at $2.6 per unit in November 2023; however, from December 2023 to February 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Italy ($1.8 per unit), while the price for China totaled $1.8 per unit.
From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Italy (+0.1%).
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico (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 $2.3 per unit, waning by -2.4% against the previous year. Over the period under review, the export price recorded a perceptible slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 80%. Over the period under review, the average export prices hit record highs at $5.7 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +14.4% per year.
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico
In 2022, approx. 1.2M units of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s were imported into Mexico; jumping by 88% compared with the year before. In general, imports, however, recorded a abrupt setback. Imports peaked at 2.2M 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 surged to $3.1M in 2022. Over the period under review, imports, however, showed a abrupt decline. Over the period under review, imports of hit record highs at $4.6M 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 1.2 | 1.5 | 3.1 | -9.6% |
| Italy | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 4.6 | 1.4 | 1.5 | 3.1 | -12.3% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Mexico in 2022:
- China (1204.0K units)
- Italy (6.4K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico
For the fourth year in a row, Mexico recorded growth in overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s, which increased by 331% to 187K units in 2022. Over the period under review, exports posted a significant increase. 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 $424K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 59.4 | 34.0 | 101 | 424 | 92.5% |
| Others | 3.4 | 19.9 | N/A | N/A | 485.3% |
| Total | 62.8 | 53.9 | 101 | 424 | 89.0% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Mexico in 2022:
- United States (186.8K units)
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