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

Contents:

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

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Slovakia (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, dropping by -2.6% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by +14.6% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 30%. Over the period under review, average import prices hit record highs at $2.7 per unit in 2019; however, from 2020 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 Poland ($3.8 per unit), while the price for Hungary ($843 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.4%), 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 Slovakia (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 $2.7 per unit, with an increase of 1.7% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 increased by +46.3% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 31% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($3.1 per unit) and the Czech Republic ($2.7 per unit), while the average price for exports to Slovenia ($2.2 per unit) and Hungary ($2.5 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 Turkey (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by 82% to 107K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep contraction. Imports peaked at 152K 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 $270K in 2022. Over the period under review, imports, however, saw a abrupt setback. Over the period under review, imports of attained the peak figure at $405K 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.710466.3126320.1%
Czech Republic17.941.342.039.730.4%
Poland43.254.429.730.1-11.3%
Turkey3.70.20.223.785.7%
China30053.12.223.6-57.2%
Hungary0.31.21.05.9169.9%
Bangladesh29.20.25.9N/A-55.0%
Others9.510.45.421.431.1%
Total405265153270-12.6%

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

  1. Germany (44.9K units)
  2. China (20.1K units)
  3. Czech Republic (14.1K units)
  4. Poland (8.0K units)
  5. Turkey (7.9K units)
  6. Hungary (7.0K units)

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

After two years of decline, overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by 28% to 44K units in 2022. Overall, exports, however, showed a dramatic downturn. Over the period under review, the exports of reached the maximum at 123K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s soared to $118K in 2022. In general, exports, however, recorded a dramatic setback. The exports peaked at $257K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic12680.045.660.9-21.5%
Hungary84.648.333.735.4-25.2%
Poland43.413.56.613.9-31.6%
SloveniaN/AN/AN/A1.60%
Others2.510.84.76.436.8%
Total25715390.7118-22.9%

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

  1. Czech Republic (22.7K units)
  2. Hungary (14.1K units)
  3. Poland (4.5K units)
  4. Slovenia (0.7K units)

Source: IndexBox Market Intelligence Platform

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