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Finland - 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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Finland: Silk Tie Market Overview 2022

Silk Tie Market Size in Finland

The Finnish silk tie market rose to $X in 2020, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Silk tie consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Silk Tie Production in Finland

In value terms, silk tie production rose notably to $X in 2020 estimated in export prices. In general, the total production indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 when the production volume increased by X% year-to-year. Silk tie production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Silk Tie Exports

Exports from Finland

In 2020, overseas shipments of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) decreased by -X% to X units, falling for the seventh consecutive year after two years of growth. In general, exports faced a abrupt descent. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked at X units in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, silk tie exports fell rapidly to $X in 2020. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for silk tie exports from Finland, with a X% share of total exports. Moreover, silk tie exports to Germany exceeded the volume sent to the second major destination, Estonia (X units), sixfold. Latvia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and Latvia (+X% per year).

In value terms, Germany ($X) emerged as the key foreign market for silk tie exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and Latvia (+X% per year).

Export Prices by Country

In 2020, the average silk tie export price amounted to $X per unit, approximately reflecting the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. from 2013 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Latvia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

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

Silk Tie Imports

Imports into Finland

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 third year in a row after two years of growth. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X units in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, silk tie imports contracted markedly to $X in 2020. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Sweden (X units) constituted the largest supplier of silk tie to Finland, with a X% share of total imports. Moreover, silk tie imports from Sweden exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Sweden totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (-X% per year).

In value terms, Sweden ($X) constituted the largest supplier of silk tie to Finland, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Italy (-X% per year).

Import Prices by Country

The average silk tie import price stood at $X per unit in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 an increase of X% y-o-y. As a result, import price reached the peak level of $X per unit. from 2013 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

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), together accounting for 34% 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), with a combined 35% share of global production. These countries were followed by the U.S., Japan, Russia, Germany, Brazil, Pakistan, Bangladesh, Indonesia, Mexico and Nigeria, which together accounted for a further 27%.
What are the leading suppliers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) to Finland?
+
In value terms, Sweden ($395K) constituted the largest supplier of silk tie to Finland, comprising 66% of total imports. The second position in the ranking was occupied by Germany ($66K), with a 11% share of total imports. It was followed by Italy, with a 8.3% share.
What are the leading importers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) from Finland?
+
In value terms, Germany ($31K) emerged as the key foreign market for silk tie exports from Finland, comprising 60% of total exports. The second position in the ranking was occupied by Estonia ($9.1K), with a 18% share of total exports. It was followed by Latvia, with a 11% share.
What is the average export price for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Finland?
+
The average silk tie export price stood at $119 per unit in 2020, approximately mirroring 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 Finland?
+
In 2020, the average silk tie import price amounted to $139 per unit, picking up by 7% 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 Finland. 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:
• Finland

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