India - 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

India - 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 India - 2023

Contents:

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

Silk Tie Price in India (CIF) - 2022

In 2022, the average silk tie import price amounted to $28 per unit, with an increase of 3.1% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 +65.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($36 per unit), while the price for the United Arab Emirates ($7.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Silk Tie Price in India (FOB) - 2022

In 2022, the average silk tie export price amounted to $58 per unit, growing by 17% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk tie export price increased by +8.5% against 2017 indices. The growth pace was the most rapid in 2013 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($174 per unit), while the average price for exports to the United Arab Emirates ($17 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 Switzerland (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Tie Imports in India

In 2022, overseas purchases of ties, bow ties and cravats of silk or silk waste (excluding knitted or crocheted) were finally on the rise to reach 17K units after two years of decline. Overall, imports, however, continue to indicate a dramatic setback. Imports peaked at 41K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, silk tie imports skyrocketed to $492K in 2022. Over the period under review, imports, however, faced a abrupt decline. Imports peaked at $904K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Silk Tie in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy17411453.5137-7.7%
France90.969.481.81147.8%
Switzerland10946.553.964.0-16.3%
Singapore46.722.743.443.5-2.3%
China31636.634.440.0-49.8%
MalaysiaN/AN/AN/A25.60%
United Arab Emirates1.62.01.45.349.1%
Spain41.93.53.23.9-54.7%
United States34.231.710.40.2-82.0%
Others90.129.226.658.2-13.6%
Total904356309492-18.4%

Top Suppliers of Silk Tie to India in 2022:

  1. Italy (4.7K units)
  2. France (3.9K units)
  3. Switzerland (2.2K units)
  4. Singapore (1.5K units)
  5. China (1.4K units)
  6. Malaysia (1.0K units)
  7. United Arab Emirates (0.7K units)
  8. Spain (0.1K units)

Silk Tie Exports in India

In 2022, silk tie exports from India skyrocketed to 3.2K units, picking up by 90% on 2021 figures. In general, exports, however, faced a significant contraction. Over the period under review, the exports attained the peak figure at 17K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, silk tie exports soared to $183K in 2022. Over the period under review, exports, however, faced a sharp setback. Over the period under review, the exports reached the maximum at $817K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Silk Tie in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States77.30.814.136.7-22.0%
Equatorial GuineaN/AN/AN/A33.50%
France39.713.320.617.9-23.3%
United Arab Emirates10819.819.114.3-49.0%
Qatar6.30.90.914.130.8%
Switzerland43.0N/AN/A10.8-36.9%
United Kingdom59.94.63.87.0-51.1%
Democratic Republic of the CongoN/A1.61.36.7104.6%
TurkeyN/AN/AN/A6.00%
Burkina FasoN/A0.70.15.4177.7%
Netherlands1822.61.62.4-76.4%
AngolaN/AN/AN/A2.20%
Oman17.60.10.10.3-74.3%
Others28326.620.525.9-54.9%
Total81771.182.2183-39.3%

Top Export Markets for Silk Tie from India in 2022:

  1. United Arab Emirates (832.0 units)
  2. Equatorial Guinea (809.0 units)
  3. United States (286.0 units)
  4. Democratic Republic of the Congo (162.0 units)
  5. France (149.0 units)
  6. Turkey (144.0 units)
  7. Burkina Faso (130.0 units)
  8. Qatar (93.0 units)
  9. Switzerland (62.0 units)
  10. United Kingdom (58.0 units)
  11. Angola (52.0 units)
  12. Oman (23.0 units)
  13. Netherlands (19.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk tie market in India. 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:

  • India

Data coverage:

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