Latest Report Update: Jan 8, 2022

Latin America and the Caribbean - 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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Latin America and the Caribbean: Silk Tie Market Overview 2022

Silk Tie Market Size in Latin America and the Caribbean

The Latin American silk tie market was finally on the rise to reach $X in 2020, after five years of decline. Overall, consumption saw a slight contraction. The pace of growth was the most pronounced in 2012 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Silk Tie Production in Latin America and the Caribbean

In value terms, silk tie production stood at $X in 2020 estimated in export prices. Overall, production continues to indicate a mild contraction. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. The level of production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of silk tie production in 2020 were Brazil (X units), Mexico (X units) and Argentina (X units), together accounting for X% of total production. These countries were followed by Colombia, Venezuela, Chile, Peru, Cuba, Ecuador, the Dominican Republic, Guatemala and Panama, which together accounted for a further X 2007 to 2020, the biggest increases were in Panama, while silk tie production for the other leaders experienced a decline in the production figures.

Silk Tie Exports

Exports in Latin America and the Caribbean

For the fourth consecutive year, LatAmerica and the Caribbean recorded decline in shipments abroad of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted), which decreased by -X% to X units in 2020. Overall, exports showed a noticeable slump. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. As a result, exports attained the peak of X units. from 2013 to 2020, the growth exports failed to regain the momentum.

In value terms, silk tie exports contracted dramatically to $X in 2020. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Panama prevails in silk tie exports structure, reaching X units, which was approx. X% of total exports in 2020. It was distantly followed by Chile (X units), committing a X% share of total exports. The following exporters - Colombia (X units) and Mexico (X units) - together made up X% of total exports.

Panama experienced a relatively flat trend pattern with regard to volume of exports of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted). Mexico (-X%), Colombia (-X%) and Chile (-X%) illustrated a downward trend over the same period. Panama (+X p.p.) significantly strengthened its position in terms of the total exports, while Mexico, Colombia and Chile saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively.

In value terms, Panama ($X) remains the largest silk tie supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

In Panama, silk tie exports remained relatively stable over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (-X% per year) and Chile (-X% per year).

Export Prices by Country

In 2020, the silk tie export price in Latin America and the Caribbean amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per unit. from 2009 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the export price figures.

Silk Tie Imports

Imports in Latin America and the Caribbean

In 2020, the amount of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) imported in Latin America and the Caribbean shrank significantly to X units, reducing by -X% against 2019. Overall, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked at X units in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, silk tie imports contracted dramatically to $X in 2020. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Panama (X units) represented the main importer of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted), achieving X% of total imports. Mexico (X units) held the second position in the ranking, distantly followed by Guatemala (X units), Chile (X units), Dominica (X units) and Honduras (X units). All these countries together held approx. X% share of total imports. Brazil (X units) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to silk tie imports into Panama stood at +X%. At the same time, Dominica (+X%) displayed positive paces of growth. Moreover, Dominica emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Honduras experienced a relatively flat trend pattern. By contrast, Guatemala (-X%), Chile (-X%), Mexico (-X%) and Brazil (-X%) illustrated a downward trend over the same period. Panama (+X p.p.), Dominica (+X p.p.), Guatemala (+X p.p.) and Honduras (+X p.p.) significantly strengthened its position in terms of the total imports, while Chile, Brazil and Mexico saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively.

In value terms, Mexico ($X) constitutes the largest market for imported ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

In Mexico, silk tie imports plunged by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Chile (-X% per year) and Brazil (-X% per year).

Import Prices by Country

In 2020, the silk tie import price in Latin America and the Caribbean amounted to $X per unit, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a mild reduction. The pace of growth was the most pronounced in 2011 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Chile, while the other leaders 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 LatAmerica and the Caribbean?
+
The countries with the highest volumes of silk tie consumption in 2020 were Brazil (1.9M units), Mexico (1.4M units) and Argentina (548K units), with a combined 58% share of total consumption. Colombia, Venezuela, Chile, Peru, Cuba, Ecuador, the Dominican Republic, Panama and Guatemala lagged somewhat behind, together accounting for a further 31%.
What are the largest producers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of silk tie production in 2020 were Brazil (1.9M units), Mexico (1.4M units) and Argentina (547K units), together accounting for 59% of total production. Colombia, Venezuela, Chile, Peru, Cuba, Ecuador, the Dominican Republic, Guatemala and Panama lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in LatAmerica and the Caribbean?
+
In value terms, Panama ($322K) remains the largest silk tie supplier in Latin America and the Caribbean, comprising 64% of total exports. The second position in the ranking was occupied by Mexico ($91K), with a 18% share of total exports. It was followed by Chile, with a 8.1% share.
What are the leading importers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in LatAmerica and the Caribbean?
+
In value terms, Mexico ($1.9M) constitutes the largest market for imported ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Latin America and the Caribbean, comprising 42% of total imports. The second position in the ranking was occupied by Chile ($665K), with a 15% share of total imports. It was followed by Brazil, with a 10% share.
What is the average export price for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in LatAmerica and the Caribbean?
+
The silk tie export price in Latin America and the Caribbean stood at $42 per unit in 2020, with a decrease of -8.5% 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 LatAmerica and the Caribbean?
+
In 2020, the silk tie import price in Latin America and the Caribbean amounted to $65 per unit, which is down by -23.5% 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 Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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