Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland - 2024
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland (CIF) - 2024
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland (CIF) - 2024
In March 2024, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $9.5 per unit, increasing by 12% against the previous month. Overall, the import price, however, continues to indicate a mild descent. The pace of growth was the most pronounced in August 2023 an increase of 66% month-to-month. As a result, import price reached the peak level of $15.7 per unit. From September 2023 to March 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($25.5 per unit), while the price for Bangladesh ($2.6 per unit) was amongst the lowest.
From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (+27.0%), 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 Switzerland (FOB) - 2022
The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $24 per unit in 2022, rising by 19% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +95.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 93%. As a result, the export price attained the peak level of $27 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($86 per unit), while the average price for exports to France ($4.2 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 China (+14.5%), 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 Switzerland
In 2022, approx. 154K units of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s were imported into Switzerland; picking up by 32% compared with 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2020 indices. As a result, imports reached 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 expanded markedly to $1.7M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 689 | 683 | 1,148 | 1,138 | 18.2% |
| Italy | 162 | 95.9 | 105 | 245 | 14.8% |
| Germany | 535 | 167 | 94.5 | 136 | -36.7% |
| Bangladesh | 28.9 | 20.6 | 16.3 | 6.0 | -40.8% |
| Canada | N/A | N/A | N/A | 3.8 | 0% |
| Others | 105 | 123 | 110 | 145 | 11.4% |
| Total | 1,520 | 1,090 | 1,473 | 1,675 | 3.3% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Switzerland in 2022:
- China (119.6K units)
- Germany (12.0K units)
- Italy (7.9K units)
- Canada (2.5K units)
- Bangladesh (1.0K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland
In 2022, shipments abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s decreased by -18.5% to 22K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. Over the period under review, the exports of attained the peak figure at 27K units in 2021, and then fell rapidly in the following year.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s dropped to $538K in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69%. As a result, the exports reached the peak of $554K, and then dropped modestly in the following year.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 322 | 264 | 380 | 332 | 1.0% |
| Italy | 9.9 | 50.4 | 115 | 88.1 | 107.2% |
| China | N/A | N/A | N/A | 85.6 | 0% |
| Poland | N/A | 9.1 | 8.1 | 25.3 | 66.7% |
| United Arab Emirates | N/A | N/A | 0.5 | 4.6 | 820.0% |
| Others | 25.1 | 5.1 | 50.3 | 2.2 | -55.6% |
| Total | 357 | 328 | 554 | 538 | 14.6% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from Switzerland in 2022:
- Germany (13.4K units)
- Italy (5.6K units)
- Poland (1.5K units)
- China (1.0K units)
- United Arab Emirates (0.4K units)
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