Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka - 2022
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka (CIF) - 2022
In 2022, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $1.1 per unit, rising by 7.3% against the previous year. In general, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 84% against the previous year. The import price peaked at $1.8 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($4.5 per unit), while the price for India ($821 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.7%), 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 Sri Lanka (FOB) - 2022
The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $3 per unit in 2022, growing by 39% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The export price peaked at $4.8 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($31 per unit), while the average price for exports to France ($450 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+38.1%), 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 Sri Lanka
In 2022, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Sri Lanka fell dramatically to 27K units, shrinking by -64% compared with the previous year. In general, imports saw a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 575%. Over the period under review, imports of hit record highs at 102K 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 declined significantly to $30K in 2022. Over the period under review, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 344%. Imports peaked at $88K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.2 | 2.7 | 42.1 | 11.2 | -32.4% |
| Hong Kong SAR | 24.2 | 6.9 | 19.6 | 11.1 | -22.9% |
| Taiwan (Chinese) | 23.6 | 6.9 | 12.2 | 4.3 | -43.3% |
| Thailand | 1.9 | 0.8 | 3.5 | 3.0 | 16.4% |
| Others | 1.9 | 0.4 | 1.5 | 0.9 | -22.0% |
| Total | 87.8 | 17.8 | 78.9 | 30.5 | -29.7% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Sri Lanka in 2022:
- China (12.6K units)
- Hong Kong SAR (12.3K units)
- Thailand (1.1K units)
- Taiwan (Chinese) (0.9K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sri Lanka
In 2022, shipments abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by -8.6% to 4.2K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 176% against the previous year. As a result, the exports reached the peak of 27K 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 soared to $13K in 2022. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 201%. As a result, the exports reached the peak of $67K. 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 Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 9.6 | 37.3 | 6.6 | 7.6 | -7.5% |
| Indonesia | 2.3 | 4.4 | 0.6 | 1.3 | -17.3% |
| Norway | 1.1 | 3.4 | 0.3 | 1.0 | -3.1% |
| Maldives | 0.4 | 0.2 | 0.1 | 0.4 | 0.0% |
| United Arab Emirates | 1.1 | 1.8 | 0.2 | 0.4 | -28.6% |
| United States | 0.7 | 1.2 | 0.2 | 0.3 | -24.6% |
| United Kingdom | 1.4 | 13.6 | 0.6 | 0.3 | -40.2% |
| Australia | 0.5 | 0.9 | 0.1 | 0.3 | -15.7% |
| Hong Kong SAR | 0.6 | 0.9 | 0.1 | 0.2 | -30.7% |
| Others | 4.8 | 3.7 | 0.9 | 0.6 | -50.0% |
| Total | 22.3 | 67.4 | 9.9 | 12.5 | -17.5% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Sri Lanka in 2022:
- Singapore (2958.0 units)
- Hong Kong SAR (203.0 units)
- United Arab Emirates (196.0 units)
- Maldives (165.0 units)
- United States (160.0 units)
- Australia (118.0 units)
- Norway (106.0 units)
- Indonesia (99.0 units)
- United Kingdom (24.0 units)
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In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
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