Report Colombia - Ties, Bow Ties and Cravats of Silk or Silk Waste (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 8, 2022

Colombia - Ties, Bow Ties and Cravats of Silk or Silk Waste (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Colombia: Silk Tie Market Overview 2022

Silk Tie Market Size in Colombia

For the third consecutive year, the Colombian silk tie market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Silk tie consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Silk Tie Production in Colombia

In value terms, silk tie production shrank to $X in 2020 estimated in export prices. Overall, production showed a abrupt slump. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Silk tie production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Silk Tie Exports

Exports from Colombia

In 2020, approx. X units of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) were exported from Colombia; waning by -X% on the previous year. Overall, exports showed a abrupt curtailment. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at X units in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, silk tie exports shrank dramatically to $X in 2020. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Guatemala (X units), Costa Rica (X units) and Panama (X units) were the main destinations of silk tie exports from Colombia, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Guatemala (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for silk tie exported from Colombia were Guatemala ($X), Costa Rica ($X) and Panama ($X), with a combined X% share of total exports.

Among the main countries of destination, Guatemala (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average silk tie export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2020, the countries with the highest prices were Panama ($X per unit) and El Salvador ($X per unit), while the average price for exports to Guatemala ($X per unit) and Austria ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Panama, while the prices for the other major destinations experienced more modest paces of growth.

Silk Tie Imports

Imports into Colombia

In 2020, supplies from abroad of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) decreased by -X% to X units, falling for the sixth consecutive year after two years of growth. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. As a result, imports attained the peak of X units. from 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, silk tie imports declined rapidly to $X in 2020. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

China (X units), Spain (X units) and Italy (X units) were the main suppliers of silk tie imports to Colombia, with a combined X% share of total imports. France lagged somewhat behind, comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced a decline.

In value terms, Italy ($X), Spain ($X) and China ($X) constituted the largest silk tie suppliers to Colombia, together accounting for X% of total imports. These countries were followed by France, which accounted for a further X recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average silk tie import price stood at $X per unit in 2020, surging by X% against the previous year. In general, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in the world?
+
The countries with the highest volumes of silk tie consumption in 2020 were China (14M units), Italy (8.2M units) and India (4.4M units), with a combined 34% share of global consumption.
What are the largest producers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in the world?
+
The countries with the highest volumes of silk tie production in 2020 were China (14M units), Italy (8.3M units) and India (4.4M units), together comprising 35% of global production. The U.S., Japan, Russia, Germany, Brazil, Pakistan, Bangladesh, Indonesia, Mexico and Nigeria lagged somewhat behind, together comprising a further 27%.
What are the leading suppliers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) to Colombia?
+
In value terms, Italy ($92K), Spain ($50K) and China ($49K) constituted the largest silk tie suppliers to Colombia, with a combined 88% share of total imports. France lagged somewhat behind, accounting for a further 12%.
What are the leading importers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) from Colombia?
+
In value terms, the largest markets for silk tie exported from Colombia were Guatemala ($9K), Costa Rica ($7.4K) and Panama ($4.1K), with a combined 88% share of total exports.
What is the average export price for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Colombia?
+
The average silk tie export price stood at $55 per unit in 2020, with an increase of 16% against the previous year.
What is the average import price for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Colombia?
+
In 2020, the average silk tie import price amounted to $210 per unit, increasing by 17% against the previous year.
Product coverage:
• Prodcom 14192358 - Ties, bow ties and cravats, of silk or silk waste (excluding knitted or crocheted)

This report provides an in-depth analysis of the silk tie market in Colombia. 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 2025.


Country coverage:
• Colombia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Colombia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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