Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Venezuela - 2022

Contents:

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

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Venezuela (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 $1.9 per unit, therefore, remained relatively stable against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +70.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 54% against the previous year. The import price peaked at $2.6 per unit in 2014; however, from 2015 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 the United States ($5.1 per unit), while the price for China ($516 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Venezuela (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 $564 per thousand units, reducing by -16.6% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 58% against the previous year. The export price peaked at $4.7 per unit in 2017; however, from 2018 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 Panama ($734 per thousand units), while the average price for exports to Costa Rica ($250 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 Costa Rica (-7.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s was finally on the rise to reach 8.5K units after two years of decline. Over the period under review, imports, however, saw a precipitous descent. Over the period under review, imports of reached the maximum at 23K 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 skyrocketed to $16K in 2022. Overall, imports, however, faced a drastic downturn. Imports peaked at $26K 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 Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.48.04.79.0-4.7%
Colombia3.73.01.83.70.0%
China8.24.21.22.4-33.6%
Peru2.31.00.30.2-55.7%
Spain0.20.30.1N/A-29.3%
Others0.80.70.70.94.0%
Total25.717.38.916.2-14.3%

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

  1. China (4.7K units)
  2. United States (1.8K units)
  3. Colombia (1.6K units)
  4. Peru (0.1K units)

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

For the fourth consecutive year, Venezuela recorded growth in overseas shipments of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s, which increased by 18% to 4.6K units in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 85%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s fell to $2.6K in 2022. Overall, exports, however, recorded a slight downturn. Over the period under review, the exports of hit record highs at $2.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic1.81.81.81.80.0%
Panama0.90.90.90.8-3.9%
OthersN/AN/AN/AN/A0%
Total2.72.72.72.6-1.3%

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

  1. Dominican Republic (3.5K units)
  2. Panama (1.1K units)

Source: IndexBox Market Intelligence Platform

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