Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines - 2024
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines (CIF) - 2022
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines (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 $2.6 per unit, rising by 8.1% against the previous year. In general, the import price saw a resilient increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 72%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2.6 per unit), while the price for Italy stood at $2.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%).
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines (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, which is down by -2.4% against the previous year. Overall, the export price, however, posted a resilient expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices attained the peak figure at $5.7 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2.3 per unit), while the average price for exports to Taiwan (Chinese) amounted to $2.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.5%).
Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines
After two years of decline, overseas purchases of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s increased by 637% to 52K units in 2022. In general, imports, however, showed a abrupt downturn. Over the period under review, imports of hit record highs at 80K 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 surged to $134K in 2022. Over the period under review, imports, however, saw a abrupt curtailment. Over the period under review, imports of hit record highs at $166K 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 the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 162 | 91.7 | 10.5 | 116 | -10.5% |
| Italy | 0.1 | N/A | N/A | 16.5 | 448.5% |
| India | 3.2 | 4.4 | N/A | N/A | 37.5% |
| Singapore | N/A | 2.9 | 5.7 | N/A | 96.6% |
| Others | 0.3 | 1.5 | 0.7 | 2.0 | 88.2% |
| Total | 166 | 100 | 16.9 | 134 | -6.9% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to the Philippines in 2022:
- China (45.0K units)
- Italy (6.4K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the Philippines
In 2022, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s from the Philippines skyrocketed to 54K units, with an increase of 284% against the previous year. Over the period under review, exports continue to indicate 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 $123K in 2022. Overall, exports enjoyed a resilient 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 the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 72.0 | 99.3 | 32.7 | 117 | 17.6% |
| Taiwan (Chinese) | N/A | N/A | N/A | 4.8 | 0% |
| Others | 1.6 | 0.3 | 0.3 | 1.1 | -11.7% |
| Total | 73.5 | 99.6 | 32.9 | 123 | 18.7% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from the Philippines in 2022:
- United States (51.8K units)
- Taiwan (Chinese) (2.1K units)
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In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
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