Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK - 2024
Contents:
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK (CIF) - 2024
- Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK (FOB) - 2022
- Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK
- Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK (CIF) - 2024
The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $2.2 per unit in February 2024, with a decrease of -20.6% against the previous month. In general, the import price recorded a mild setback. The pace of growth was the most pronounced in November 2023 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $2.7 per unit. From December 2023 to February 2024, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to February 2024, the rate of growth in terms of prices for Bangladesh amounted to +4.3% per month.
Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK (FOB) - 2022
The average export price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $4.7 per unit in 2022, jumping by 24% against the previous year. Overall, the export price posted a slight expansion. The most prominent rate of growth was recorded in 2021 an increase of 151% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($10 per unit), while the average price for exports to the United States ($1.5 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 Austria (+16.8%), 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 the UK
In 2022, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into the UK skyrocketed to 4M units, with an increase of 99% on the year before. In general, imports, however, showed a mild decline. Imports peaked at 4.1M 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 $10M in 2022. Overall, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 3.2 | 3.6 | 9.2 | 11.7% |
| Italy | 0.5 | 0.2 | 0.2 | 0.2 | -26.3% |
| Vietnam | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Germany | 0.5 | 0.2 | 0.2 | N/A | -36.8% |
| Others | 0.8 | 0.3 | 0.4 | 0.5 | -14.5% |
| Total | 8.4 | 4.0 | 4.5 | 10.2 | 6.7% |
Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to the UK in 2022:
- China (3756.9K units)
- Vietnam (73.1K units)
- Italy (11.4K units)
- Germany (2.8K units)
Exports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK
In 2022, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s from the UK reduced to 284K units, dropping by -8.1% against the previous year's figure. Overall, exports faced a sharp shrinkage. The exports peaked at 1.8M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s rose rapidly to $1.3M in 2022. Over the period under review, exports continue to indicate a abrupt descent. The exports peaked at $2.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 12.1 | 46.9 | 246 | 192 | 151.3% |
| China | N/A | 1.4 | N/A | 189 | 1061.9% |
| Germany | 498 | 311 | 77.7 | 154 | -32.4% |
| Netherlands | 61.5 | 26.0 | 35.0 | 107 | 20.3% |
| Ireland | 661 | 240 | 283 | 88.5 | -48.8% |
| France | 213 | 113 | 26.0 | 84.5 | -26.5% |
| United States | 71.5 | 37.1 | 95.1 | 83.2 | 5.2% |
| Austria | 23.8 | 13.1 | 32.7 | 76.7 | 47.7% |
| Vietnam | N/A | N/A | 1.4 | 36.3 | 2492.9% |
| United Arab Emirates | 7.6 | 4.8 | 12.3 | 34.1 | 64.9% |
| Belgium | 97.6 | 12.8 | 3.3 | 25.8 | -35.8% |
| Slovakia | 2.8 | 0.8 | N/A | 17.1 | 82.8% |
| Lithuania | 1.7 | 0.7 | 4.4 | 11.2 | 87.5% |
| Others | 630 | 262 | 357 | 236 | -27.9% |
| Total | 2,282 | 1,069 | 1,174 | 1,336 | -16.3% |
Top Export Markets for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) from the UK in 2022:
- United States (55.8K units)
- South Korea (33.0K units)
- China (32.0K units)
- Germany (29.5K units)
- Netherlands (22.2K units)
- Ireland (21.5K units)
- France (14.3K units)
- Slovakia (11.3K units)
- United Arab Emirates (8.3K units)
- Austria (7.6K units)
- Lithuania (6.8K units)
- Vietnam (6.2K units)
- Belgium (4.9K units)
382
This report provides an in-depth analysis of the tie market in the UK.
432
This report provides an in-depth analysis of the silk tie market in the UK.
519
Global Tie Market Report 2018. This report provides an in-depth analysis of the global tie market.
731
This report provides an in-depth analysis of the global silk tie market.
382
This report provides an in-depth analysis of the tie market in the UK.
432
This report provides an in-depth analysis of the silk tie market in the UK.
519
Global Tie Market Report 2018. This report provides an in-depth analysis of the global tie market.
731
This report provides an in-depth analysis of the global silk tie market.
1419
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...
2961
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...
1419
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...
2961
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...
