Report Philippines - Ties, Bow Ties and Cravats of Silk or Silk Waste (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 8, 2022

Philippines - 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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Philippines: Silk Tie Market Overview 2022

Silk Tie Market Size in the Philippines

The Philippine silk tie market totaled $X in 2020, with an increase of X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by 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 somewhat lower figure.

Silk Tie Production in the Philippines

In value terms, silk tie production rose modestly to $X in 2020 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Silk Tie Exports

Exports from the Philippines

Silk tie exports from the Philippines reduced rapidly to X units in 2020, shrinking by -X% compared with 2019. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, exports attained the peak of X units. from 2010 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, silk tie exports dropped significantly to $X in 2020. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2010 to 2020, the growth exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X units) was the main destination for silk tie exports from the Philippines, with a X% share of total exports. Moreover, silk tie exports to Hong Kong SAR exceeded the volume sent to the second major destination, Norway (X units), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to +X%.

From 2007 to 2020, the average annual growth rate of value to Hong Kong SAR amounted to +X%.

Export Prices by Country

The average silk tie export price stood at $X per unit in 2020, rising by X% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Norway stood at $X per unit.

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

Silk Tie Imports

Imports into the Philippines

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 faced a abrupt downturn. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, silk tie imports shrank sharply to $X in 2020. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of silk tie to the Philippines, 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), threefold. The third position in this ranking was occupied by the UK (X units), with a X% share.

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 the UK (-X% per year).

In value terms, China ($X), Italy ($X) and Singapore ($X) were the largest silk tie suppliers to the Philippines, with a combined X% share of total imports.

Among the main suppliers, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average silk tie import price stood at $X per unit in 2020, declining by -X% against the previous year. Overall, the import price, however, saw a modest increase. The growth pace was the most rapid in 2015 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per unit. from 2016 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, 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 accounting 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 the Philippines?
+
In value terms, the largest silk tie suppliers to the Philippines were China ($9.2K), Italy ($8.1K) and Singapore ($2.4K), together accounting for 85% 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 the Philippines?
+
In 2020, the average silk tie export price amounted to $77 per unit, increasing by 4.1% 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 the Philippines?
+
In 2020, the average silk tie import price amounted to $115 per unit, with a decrease of -26.6% 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 the Philippines. 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:
• Philippines

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