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Northern America - 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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Northern America: Silk Tie Market Overview 2022

Silk Tie Market Size in Northern America

In 2020, the North American silk tie market was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. In general, consumption, however, saw a mild decline. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Silk Tie Production in Northern America

In value terms, silk tie production expanded notably to $X in 2020 estimated in export prices. In general, production recorded buoyant growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. The level of production peaked in 2020 and is expected to retain growth in years to come.

Production By Country in Northern America

The country with the largest volume of silk tie production was the U.S. (X units), accounting for X% of total volume. Moreover, silk tie production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X units), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume in the U.S. totaled +X%.

Silk Tie Exports

Exports in Northern America

In 2020, after two years of growth, there was significant decline in overseas shipments of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted), when their volume decreased by -X% to X units. Over the period under review, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. The volume of export peaked at X units in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, silk tie exports declined rapidly to $X in 2020. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. prevails in silk tie exports structure, recording X units, which was approx. X% of total exports in 2020. It was distantly followed by Canada (X units), constituting a X% share of total exports.

The U.S. was also the fastest-growing in terms of the ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) exports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the U.S. ($X) remains the largest silk tie supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in the U.S. stood at -X%.

Export Prices by Country

In 2020, the silk tie export price in Northern America amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($X per unit), while the U.S. amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Silk Tie Imports

Imports in Northern America

In 2020, the amount of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) imported in Northern America reduced remarkably to X units, which is down by -X% compared with 2019 figures. Overall, imports faced a abrupt downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, silk tie imports fell remarkably to $X in 2020. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X units) represented the largest importer of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted), achieving X% of total imports. It was distantly followed by Canada (X units), creating a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to silk tie imports into the U.S. stood at -X%. Canada (-X%) illustrated a downward trend over the same period. Canada (+X p.p.) significantly strengthened its position in terms of the total imports, while the U.S. saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, the U.S. ($X) constitutes the largest market for imported ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., silk tie imports declined by an average annual rate of -X% over the period from 2007-2020.

Import Prices by Country

The silk tie import price in Northern America stood at $X per unit in 2020, waning by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then dropped significantly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per unit), while Canada totaled $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

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 Northern America?
+
The country with the largest volume of silk tie consumption was the U.S. (4.2M units), comprising approx. 81% of total volume. Moreover, silk tie consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (985K units), fourfold.
What are the largest producers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Northern America?
+
The U.S. (3.9M units) constituted the country with the largest volume of silk tie production, comprising approx. 81% of total volume. Moreover, silk tie production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (942K units), fourfold.
What are the leading suppliers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Northern America?
+
In value terms, the U.S. ($1.5M) remains the largest silk tie supplier in Northern America, comprising 90% of total exports. The second position in the ranking was occupied by Canada ($176K), with a 10% share of total exports.
What are the leading importers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Northern America?
+
In value terms, the U.S. ($39M) constitutes the largest market for imported ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Northern America, comprising 90% of total imports. The second position in the ranking was occupied by Canada ($4.4M), with a 10% share of total imports.
What is the average export price for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Northern America?
+
In 2020, the silk tie export price in Northern America amounted to $159 per unit, growing by 22% 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 Northern America?
+
The silk tie import price in Northern America stood at $115 per unit in 2020, declining by -24.1% 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 Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
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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