Bahrain - Ties, Bow Ties And Cravats Of Silk Or Silk Waste (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bahrain - 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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Silk Tie Price in Bahrain - 2022

Contents:

  1. Silk Tie Price in Bahrain (CIF) - 2022
  2. Silk Tie Price in Bahrain (FOB) - 2022
  3. Silk Tie Imports in Bahrain
  4. Silk Tie Exports in Bahrain

Silk Tie Price in Bahrain (CIF) - 2022

The average silk tie import price stood at $11 per unit in 2022, falling by -33.5% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk tie import price increased by +8.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 64%. The import price peaked at $17 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($27 per unit), while the price for Thailand ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced a decline.

Silk Tie Price in Bahrain (FOB) - 2022

In 2022, the average silk tie export price amounted to $33 per unit, growing by 22% against the previous year. Over the period under review, the export price recorded strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 159%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($33 per unit), while the average price for exports to the United Arab Emirates ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+72.8%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Tie Imports in Bahrain

In 2022, purchases abroad of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) was finally on the rise to reach 27K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a deep slump. Imports peaked at 53K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, silk tie imports surged to $290K in 2022. In general, imports, however, showed a abrupt decline. Imports peaked at $529K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Silk Tie in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy21692.4129161-9.3%
France42.331.325.685.926.6%
China57.728.610.031.1-18.6%
Turkey1.30.11.66.066.5%
India8.7N/AN/A1.2-48.3%
ThailandN/AN/AN/A1.00%
United Arab Emirates18536.421.20.1-91.9%
Others18.64.63.84.2-39.1%
Total529193191290-18.2%

Top Suppliers of Silk Tie to Bahrain in 2022:

  1. Italy (11.6K units)
  2. China (8.8K units)
  3. France (3.2K units)
  4. Turkey (2.7K units)
  5. Thailand (0.7K units)
  6. India (0.2K units)

Silk Tie Exports in Bahrain

In 2022, after three 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 -75.1% to 483 units. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 567%. Over the period under review, the exports hit record highs at 1.9K units in 2021, and then contracted markedly in the following year.

In value terms, silk tie exports declined significantly to $16K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,220%. As a result, the exports reached the peak of $53K, and then reduced dramatically in the following year.

Export of Silk Tie in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A1.431.415.5232.7%
FranceN/AN/AN/A0.30%
United Arab EmiratesN/AN/AN/A0.20%
KuwaitN/AN/A21.2N/A0%
SwitzerlandN/A0.3N/AN/A0%
United Kingdom0.81.0N/AN/A25.0%
OmanN/A0.5N/AN/A0%
Saudi ArabiaN/A0.3N/AN/A0%
OthersN/A0.5N/AN/A0%
Total0.84.052.616.0171.4%

Top Export Markets for Silk Tie from Bahrain in 2022:

  1. Italy (466.0 units)
  2. United Arab Emirates (9.0 units)
  3. France (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk tie market in Bahrain. 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 2030.

Product coverage:

  • Prodcom 14192358 - Ties, bow ties and cravats, of silk or silk waste (excluding knitted or crocheted)

Country coverage:

  • Bahrain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bahrain
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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