Latest Report Update: Jan 8, 2022

Singapore - Ties, Bow Ties And Cravats Of Silk Or Silk Waste (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Singapore: Silk Tie Market Overview 2022

Silk Tie Market Size in Singapore

The Singaporean silk tie market expanded remarkably to $X in 2020, with an increase of X% against the previous year. In general, consumption continues to indicate a slight decline. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2013 to 2020, the growth of the market remained at a lower figure.

Silk Tie Production in Singapore

In value terms, silk tie production skyrocketed to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2012 when the production volume increased by X% y-o-y. Silk tie production peaked at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Silk Tie Exports

Exports from Singapore

In 2020, shipments 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 consecutive year after five years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X units in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, silk tie exports dropped notably to $X in 2020. Over the period under review, exports posted a resilient increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Japan (X units) was the main destination for silk tie exports from Singapore, with a X% share of total exports. Moreover, silk tie exports to Japan exceeded the volume sent to the second major destination, South Korea (X units), threefold. The third position in this ranking was occupied by Australia (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Australia (-X% per year).

In value terms, Japan ($X) remains the key foreign market for silk tie exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Australia (-X% per year).

Export Prices by Country

In 2020, the average silk tie export price amounted to $X per unit, declining by -X% against the previous year. In general, export price indicated a strong increase from 2007 to 2020: its price 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. Based on 2020 figures, silk tie export price increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. The export price peaked at $X per unit in 2019, and then contracted in the following year.

Average prices varied noticeably for the major overseas markets. In 2020, the countries with the highest prices were Thailand ($X per unit) and Indonesia ($X per unit), while the average price for exports to Japan ($X per unit) and South Korea ($X per unit) were amongst the lowest.

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

Silk Tie Imports

Imports into Singapore

After four years of growth, overseas purchases of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) decreased by -X% to X units in 2020. Over the period under review, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. 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 dropped notably to $X in 2020. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Italy (X units) constituted the largest silk tie supplier to Singapore, with a X% share of total imports. Moreover, silk tie imports from Italy exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold. Spain (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 Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Spain (+X% per year).

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

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

Import Prices by Country

In 2020, the average silk tie import price amounted to $X per unit, jumping by X% against the previous year. Overall, import price indicated a remarkable increase from 2007 to 2020: its price 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. Based on 2020 figures, silk tie import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. from 2013 to 2020, the growth in terms of the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from China ($X per unit) and Spain ($X per unit), while the price for Italy ($X per unit) and France ($X per unit) were 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), together comprising 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. 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 Singapore?
+
In value terms, Italy ($5M) constituted the largest supplier of silk tie to Singapore, comprising 86% of total imports. The second position in the ranking was occupied by France ($382K), with a 6.5% share of total imports. It was followed by Spain, with a 4.7% share.
What are the leading importers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) from Singapore?
+
In value terms, Japan ($3.5M) remains the key foreign market for silk tie exports from Singapore, comprising 65% of total exports. The second position in the ranking was occupied by South Korea ($1.1M), with a 20% share of total exports. It was followed by Australia, with a 4% share.
What is the average export price for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in Singapore?
+
In 2020, the average silk tie export price amounted to $368 per unit, declining by -3.5% 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 Singapore?
+
In 2020, the average silk tie import price amounted to $195 per unit, growing by 25% 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 Singapore. 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:
• Singapore

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Singapore
• 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
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET


Register
Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global cotton yarn market.



Thursday, April 8th, 2021 @ 04:00 pm ET

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data