Report Africa - Ties, Bow Ties and Cravats of Silk or Silk Waste (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Africa - 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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Africa: Silk Tie Market 2024

Silk Tie Market Size in Africa

The African silk tie market shrank slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a drastic downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Silk Tie Production in Africa

In value terms, silk tie production shrank slightly to $X in 2022 estimated in export price. Overall, production showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Silk Tie Exports

Exports in Africa

In 2022, shipments abroad of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) was finally on the rise to reach X units for the first time since 2012, thus ending a nine-year declining trend. Overall, exports, however, saw a dramatic decline. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, silk tie exports shrank sharply to $X in 2022. Over the period under review, exports, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X units) and South Africa (X units) dominates exports structure, together making up X% of total exports. It was distantly followed by Angola (X units), constituting a X% share of total exports. Tunisia (X units) and Madagascar (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Rwanda (with a CAGR of X.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest silk tie supplying countries in Africa were South Africa ($X), Tunisia ($X) and Madagascar ($X), together comprising X% of total exports. Rwanda and Angola lagged somewhat behind, together comprising a further X%.

Rwanda, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price showed a precipitous decline. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while Rwanda ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Silk Tie Imports

Imports in Africa

In 2022, imports of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Africa skyrocketed to X units, growing by X% against 2021. Overall, imports, however, showed a noticeable descent. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, silk tie imports expanded markedly to $X in 2022. In general, imports, however, faced a deep setback. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Burundi (X units) was the largest importer of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted), comprising X% of total imports. Rwanda (X units) took the second position in the ranking, distantly followed by Zambia (X units) and Angola (X units). All these countries together held near X% share of total imports. The following importers - South Africa (X units), Namibia (X units) and Botswana (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Rwanda (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Africa, comprising X% of total imports. The second position in the ranking was taken by Rwanda ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Rwanda (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Burundi ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2023 were Nigeria, Ethiopia and Democratic Republic of the Congo, with a combined 31% share of total consumption. Egypt, Tanzania, Kenya, South Africa, Uganda, Niger, Algeria, Somalia, Angola and Mozambique lagged somewhat behind, together accounting for a further 39%.
The countries with the highest volumes of production in 2022 were Nigeria, Ethiopia and Democratic Republic of the Congo, together comprising 32% of total production. Egypt, Tanzania, Kenya, South Africa, Uganda, Niger, Algeria, Somalia, Angola and Mozambique lagged somewhat behind, together accounting for a further 40%.
In value terms, South Africa, Tunisia and Madagascar appeared to be the countries with the highest levels of exports in 2022, together accounting for 70% of total exports. Rwanda and Angola lagged somewhat behind, together accounting for a further 2.5%.
In value terms, South Africa constitutes the largest market for imported ties, bow ties and cravats of silk or silk waste excluding knitted or crocheted) in Africa, comprising 18% of total imports. The second position in the ranking was held by Rwanda, with a 4.6% share of total imports. It was followed by Namibia, with a 4.3% share.
In 2022, the export price in Africa amounted to $2.6 per unit, waning by -70.9% against the previous year.
In 2022, the import price in Africa amounted to $1.6 per unit, reducing by -70.3% against the previous year.

This report provides an in-depth analysis of the silk tie market in Africa. 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
  • Production in Africa, split by region and country
  • Trade (exports and imports) in Africa
  • 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. CONSUMPTION BY COUNTRY
    3. 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
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Algeria
    • Angola
    • Benin
    • Botswana
    • Burkina Faso
    • Burundi
    • Cabo Verde
    • Cameroon
    • Central African Republic
    • Chad
    • Comoros
    • Congo
    • Democratic Republic of the Congo
    • Djibouti
    • Egypt
    • Equatorial Guinea
    • Eritrea
    • Ethiopia
    • Gabon
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Kenya
    • Lesotho
    • Liberia
    • Libya
    • Madagascar
    • Malawi
    • Mali
    • Mauritania
    • Mauritius
    • Mayotte
    • Morocco
    • Mozambique
    • Namibia
    • Niger
    • Nigeria
    • Reunion
    • Rwanda
    • Saint Helena, Ascension and Tristan da Cunha
    • Sao Tome and Principe
    • Senegal
    • Seychelles
    • Sierra Leone
    • Somalia
    • South Africa
    • Sudan
    • Swaziland
    • Tanzania
    • Togo
    • Tunisia
    • Uganda
    • Zambia
    • Zimbabwe
    • Cote d'Ivoire
    • Western Sahara
    • South Sudan
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

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

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