Report U.S. - 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: Mar 9, 2022

U.S. - 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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U.S.: Silk Tie Market 2022

Silk Tie Market Size in the U.S.

After two years of decline, the U.S. silk tie market increased by X% to $X in 2020. Over the period under review, consumption, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption reached 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 U.S.

In value terms, silk tie production rose sharply to $X in 2020. Overall, production saw significant growth. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

Silk Tie Exports

Exports from the U.S.

In 2020, overseas shipments of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Exports peaked at X units in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, silk tie exports contracted remarkably to $X in 2020. Over the period under review, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Canada (X units), the UK (X units) and Japan (X units) were the main destinations of silk tie exports from the U.S., together accounting for X% of total exports. Italy, Chile, Hong Kong SAR, India and South Korea lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India, while exports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Japan ($X) and the UK ($X) were the largest markets for silk tie exported from the U.S. worldwide, together accounting for X% of total exports. Italy, Chile, Hong Kong SAR, India and South Korea lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silk tie export price stood at $X per unit in 2020, with an increase of X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced a decline.

Silk Tie Imports

Imports into the U.S.

Silk tie imports into the U.S. reduced remarkably to X units in 2020, falling by -X% compared with the previous year. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 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 contracted sharply to $X in 2020. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of silk tie to the U.S., accounting for 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 totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and France (-X% per year).

In value terms, Italy ($X), China ($X) and France ($X) appeared to be the largest silk tie suppliers to the U.S., with a combined X% share of total imports.

Among the main suppliers, France saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average silk tie import price amounted to $X per unit, shrinking by -X% against the previous year. In general, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. As a result, import price attained the peak level of $X per unit, and then reduced sharply in the following year.

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

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

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?
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The countries with the highest volumes of silk tie consumption in 2020 were China, Italy and India, 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?
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The countries with the highest volumes of silk tie production in 2020 were China, Italy and India, together accounting for 35% of global production. United States, Japan, Russia, Germany, Brazil, Pakistan, Bangladesh, Indonesia, Mexico and Nigeria lagged somewhat behind, together comprising a further 26%.
What are the leading suppliers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) to the U.S.?
+
In value terms, the largest silk tie suppliers to United States were Italy, China and France, together accounting for 96% of total imports.
What are the leading importers of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) from the U.S.?
+
In value terms, the largest markets for silk tie exported from United States were Canada, Japan and the UK, together accounting for 65% of total exports. Italy, Chile, Hong Kong SAR, India and South Korea lagged somewhat behind, together accounting for a further 33%.
What is the average export price for ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) in the U.S.?
+
The average silk tie export price stood at $153 per unit in 2020, rising by 24% 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 U.S.?
+
In 2020, the average silk tie import price amounted to $117 per unit, reducing by -26.2% against the previous year.

This report provides an in-depth analysis of the silk tie market in the U.S.. 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.


Product coverage:
• Prodcom 14192358 - Ties, bow ties and cravats, of silk or silk waste (excluding knitted or crocheted)
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
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, 2007–2021
Figure 21:
Production, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, 2007–2021
Figure 23:
Imports, In Value Terms, 2007–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2007–2021
Figure 26:
Imports, In Value Terms, By Country, 2007–2021
Figure 27:
Import Prices, By Country Of Origin, 2007–2021
Figure 28:
Exports, In Physical Terms, 2007–2021
Figure 29:
Exports, In Value Terms, 2007–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2007–2021
Figure 32:
Exports, In Value Terms, By Country, 2007–2021
Figure 33:
Export Prices, By Country Of Destination, 2007–2021
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