EU: Tie Market 2020

Tie Market Size in the EU

The revenue of the tie market in the European Union amounted to $X in 2017, going down by -X% against the previous year. The tie consumption continues to indicate a drastic descent. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. The level of tie consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Tie Production in the EU

In 2017, approx. X units of ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) were produced in the European Union; reducing by -X% against the previous year. The tie production continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. The volume of tie production peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Tie Exports in the EU

In 2017, approx. X units of ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) were exported in the European Union; coming up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2010, when exports increased by X% against the previous year. Over the period under review, the tie exports attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, tie exports amounted to $X in 2017. The tie exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Tie Exports by Country in the EU

In 2017, Italy (X units) represented the major exporter for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted), making up X% of total exports. Germany (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the UK (X%), the Netherlands (X%), France (X%), Spain (X%) and Belgium (X%). The following exporters - Denmark (X units) and Poland (X units) each finished at a X% share of total exports.

Exports from Italy increased at an average annual rate of +X% from 2007 to 2017. At the same time, Spain (+X%), Belgium (+X%), Poland (+X%), the UK (+X%) and Denmark (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. The Netherlands and France experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. Germany (X%) significantly strengthened its position in terms of the global exports, while Belgium, the UK, Spain and Italy saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest tie supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by the UK, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Italy was relatively modest. In the other countries, the average annual rates were as follows: Germany (+X% per year) and the UK (-X% per year).

Tie Export Prices by Country in the EU

The tie export price in the European Union stood at $X per unit in 2017, coming down by -X% against the previous year. The tie export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2009, an increase of X% against the previous year. In that year, the export prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) reached their peak level of $X per unit. From 2010 to 2017, growth of the export prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was France ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

Tie Imports in the EU

In 2017, tie imports in the European Union amounted to X units, coming down by -X% against the previous year. The tie imports continue to indicate a slight deduction. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. The volume of imports peaked of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, tie imports stood at $X in 2017. The tie imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Tie Imports by Country in the EU

The countries with the highest levels of tie imports in 2017 were the UK (X units), Italy (X units), Germany (X units), Spain (X units), Poland (X units), France (X units) and the Netherlands (X units), together accounting for X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Netherlands (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, the UK ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

France (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Tie Import Prices by Country in the EU

In 2017, the tie import price in the European Union amounted to $X per unit, waning by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the import prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) attained its maximum level of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was France ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform