U.S. - Ties, Bow Ties And Cravats Of Silk Or Silk Waste (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 6, 2024

U.S. - 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 the United States - 2023

Contents:

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

Silk Tie Price in the United States (CIF) - 2023

The average silk tie import price stood at $8.2 per unit in September 2023, picking up by 16% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 48% m-o-m. The import price peaked at $12.5 per unit in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($25.1 per unit), while the price for China ($3.4 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (-0.2%), while the prices for the other major suppliers experienced a decline.

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Silk Tie Price in the United States (FOB) - 2022

In 2022, the average silk tie export price amounted to $1,436 per unit, with a decrease of -71.2% against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 375%. As a result, the export price attained the peak level of $4,993 per unit, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,579 per unit), while the average price for exports to Japan ($641 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+816.4%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Tie Imports in the United States

In 2022, purchases abroad of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) decreased by -19% to 233K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports attained the peak of 287K units, and then declined dramatically in the following year.

In value terms, silk tie imports surged to $52M in 2022. Over the period under review, imports recorded a abrupt slump. Over the period under review, imports attained the maximum at $92M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Silk Tie in the United States (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Italy16.614.523.519.0%
China12.919.621.428.8%
France6.63.24.5-17.4%
Others1.31.32.230.1%
Total37.438.751.517.3%

Top Suppliers of Silk Tie to the United States in 2022:

  1. China (184.6K units)
  2. Italy (38.3K units)
  3. France (7.5K units)

Silk Tie Exports in the United States

In 2022, exports of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) from the United States skyrocketed to 800 units, picking up by 340% on 2021. Over the period under review, exports, however, saw a sharp decrease. The exports peaked at 1.5K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk tie exports surged to $1.1M in 2022. In general, exports, however, faced a significant decline. The exports peaked at $5.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Silk Tie in the United States (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Canada45545595645.0%
Japan33234754.5-59.5%
South Korea23.0N/A27.59.3%
Australia3.06.018.8150.3%
United Kingdom2057.018.1-70.3%
Italy1728.27.9-78.6%
Hong Kong SAR1259.8N/A-92.2%
Chile141N/AN/A0%
Others72.076.165.9-4.3%
Total1,5299091,149-13.3%

Top Export Markets for Silk Tie from the United States in 2022:

  1. Canada (636.0 units)
  2. Japan (85.0 units)
  3. South Korea (13.0 units)
  4. Australia (12.0 units)
  5. Italy (9.0 units)
  6. United Kingdom (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk tie market in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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U.S. Silk Tie Price Jumps 48%, Averages $9.9 Per Unit After Two Months of Growth
May 5, 2023
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In February 2023, the price of Silk Tie stood at $9.9 per unit (CIF, US), increasing by 48% compared to the previous month.

Which Country Imports the Most Ties, Bow Ties and Cravats in the World?
Jul 26, 2018
Eye 1339

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...

Which Country Exports the Most Ties, Bow Ties and Cravats in the World?
Jul 26, 2018
Eye 2782

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...

U.S. Silk Tie Price Jumps 48%, Averages $9.9 Per Unit After Two Months of Growth
May 5, 2023
Eye 215

In February 2023, the price of Silk Tie stood at $9.9 per unit (CIF, US), increasing by 48% compared to the previous month.

Which Country Imports the Most Ties, Bow Ties and Cravats in the World?
Jul 26, 2018
Eye 1339

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...

Which Country Exports the Most Ties, Bow Ties and Cravats in the World?
Jul 26, 2018
Eye 2782

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...

Free Data: Ties, Bow Ties And Cravats Of Silk Or Silk Waste (Excluding Knitted Or Crocheted) - United States