China - Ties, Bow Ties And Cravats Of Silk Or Silk Waste (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Ties, Bow Ties And Cravats Of Silk Or Silk Waste (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights

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Silk Tie Price in China - 2023

Contents:

  1. Silk Tie Price in China (FOB) - 2022
  2. Silk Tie Price in China (CIF) - 2023
  3. Silk Tie Exports in China
  4. Silk Tie Imports in China

Silk Tie Price in China (FOB) - 2022

In 2022, the average silk tie export price amounted to $1,203 per unit, declining by -11.3% against the previous year. Over the period under review, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 216%. As a result, the export price reached the peak level of $1,357 per unit, and then shrank in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($1,395 per unit) and Spain ($1,323 per unit), while the average price for exports to Poland ($1,078 per unit) and the UK ($1,091 per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+80.4%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Tie Price in China (CIF) - 2023

In September 2023, the average silk tie import price amounted to $79.8 per unit, jumping by 47% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. Over the period under review, average import prices reached the peak figure at $85.5 per unit in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was France ($89.3 per unit), while the price for Italy amounted to $80.9 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.1%).

Silk Tie Exports in China

In 2022, silk tie exports from China soared to 61K units, with an increase of 78% against the year before. Over the period under review, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports hit record highs at 87K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, silk tie exports skyrocketed to $74M in 2022. In general, exports, however, continue to indicate a deep downturn. Over the period under review, the exports reached the maximum at $101M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Silk Tie in China (Million USD)
COUNTRY202020212022CAGR,
2020-2022
United States10.518.119.235.2%
Japan10.210.715.724.1%
Germany2.92.56.549.7%
United Kingdom2.43.66.058.1%
Netherlands1.61.43.241.4%
Australia0.71.22.8100.0%
Italy1.51.32.631.7%
Canada1.21.42.544.3%
Norway0.10.12.4389.9%
France1.21.02.338.4%
Spain0.80.61.641.4%
Sweden0.91.01.05.4%
Poland1.00.80.9-5.1%
Others2.23.27.179.6%
Total37.246.973.840.8%

Top Export Markets for Silk Tie from China in 2022:

  1. United States (15.9K units)
  2. Japan (12.3K units)
  3. Germany (5.7K units)
  4. United Kingdom (5.5K units)
  5. Netherlands (2.4K units)
  6. Canada (2.2K units)
  7. Italy (2.2K units)
  8. Australia (2.0K units)
  9. France (2.0K units)
  10. Norway (1.9K units)
  11. Spain (1.2K units)
  12. Poland (0.8K units)
  13. Sweden (0.7K units)

Silk Tie Imports in China

After three years of growth, overseas purchases of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) decreased by -23.2% to 183K units in 2022. Overall, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of 238K units, and then reduced notably in the following year.

In value terms, silk tie imports declined sharply to $14M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, imports attained the peak of $17M, and then contracted markedly in the following year.

Import of Silk Tie in China (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Italy7.110.69.314.4%
France3.86.34.02.6%
Others0.70.50.4-24.4%
Total11.617.313.78.7%

Top Suppliers of Silk Tie to China in 2022:

  1. Italy (126.4K units)
  2. France (43.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk tie market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14192358 - Ties, bow ties and cravats, of silk or silk waste (excluding knitted or crocheted)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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