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Norway - 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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Norway: Silk Tie Market Overview 2022

Silk Tie Market Size in Norway

In 2020, the Norwegian silk tie market decreased by -X% to $X, falling for the third consecutive year after four years of growth. In general, consumption showed a mild slump. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Silk Tie Production in Norway

In value terms, silk tie production stood at $X in 2020 estimated in export prices. In general, production showed resilient growth. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Silk Tie Exports

Exports from Norway

In 2020, silk tie exports from Norway skyrocketed to X units, with an increase of X% on the previous year. In general, exports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at X units in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, silk tie exports reduced sharply to $X in 2020. Over the period under review, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

Sweden (X units) was the main destination for silk tie exports from Norway, with a X% share of total exports. Moreover, silk tie exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), sixfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Sweden totaled -X%.

In value terms, Sweden ($X) remains the key foreign market for silk tie exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Sweden amounted to -X%.

Export Prices by Country

In 2020, the average silk tie export price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. The export price peaked at $X per unit in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per unit), while the average price for exports to Denmark totaled $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden.

Silk Tie Imports

Imports into Norway

For the third year in a row, Norway recorded decline in supplies from 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. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, silk tie imports fell rapidly to $X in 2020. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest silk tie supplier to Norway, with a X% share of total imports. Moreover, silk tie imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold.

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

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

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Bangladesh (-X% per year).

Import Prices by Country

The average silk tie import price stood at $X per unit in 2020, falling by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per unit in 2019, and then declined in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, 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), with a combined 35% share 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 Norway?
+
In value terms, China ($976K) constituted the largest supplier of silk tie to Norway, comprising 59% of total imports. The second position in the ranking was occupied by Italy ($482K), with a 29% share of total imports.
What are the leading importers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) from Norway?
+
In value terms, Sweden ($15K) remains the key foreign market for silk tie exports from Norway, comprising 86% of total exports. The second position in the ranking was occupied by Denmark ($1.1K), with a 6.4% 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 Norway?
+
In 2020, the average silk tie export price amounted to $88 per unit, shrinking by -29.2% 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 Norway?
+
The average silk tie import price stood at $105 per unit in 2020, which is down by -9.5% 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 Norway. 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:
• Norway

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