Northern America: Tie Market 2020

Tie Market Size in Northern America

The revenue of the tie market in Northern America amounted to $X in 2017, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total market indicated a pronounced expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tie consumption decreased by -X% against 2012 indices. The pace of growth was the most pronounced in 2012, when market value increased by X% against the previous year. In that year, the tie market attained their peak level of $X. From 2013 to 2017, growth of the tie market stood at a somewhat lower level.

Tie Exports in Northern America

The exports totaled X units in 2017, declining by -X% against the previous year. The tie exports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2011, when exports increased by X% y-o-y. Over the period under review, the tie exports reached its maximum volume of X units in 2016, and then declined slightly in the following year.

In value terms, tie exports stood at $X in 2017. The tie exports continue to indicate a noticeable contraction. In that year, the tie exports attained their peak level of $X. From 2013 to 2017, growth of the tie exports failed to regain its momentum.

Tie Exports by Country in Northern America

The U.S. prevails in tie exports structure, reaching X units, which was near X% of total exports in 2017. Canada (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to tie exports from the U.S. stood at -X%. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing exporter in Northern America, with a CAGR of +X% from 2007-2017. The U.S. (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest tie supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

In the U.S., tie exports decreased by an average annual rate of -X% over the period from 2007-2017.

Tie Export Prices by Country in Northern America

In 2017, the tie export price in Northern America amounted to $X per unit, increasing by X% against the previous year. The tie export price continues to indicate a temperate reduction. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. In that year, the export prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) reached their peak level of $X per unit. From 2013 to 2017, growth of the export prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Canada ($X per unit), while the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (-X% per year).

Tie Imports in Northern America

In 2017, the amount of ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) imported in Northern America amounted to X units, rising by X% against the previous year. The tie imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The volume of imports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, tie imports totaled $X in 2017. The tie imports continue to indicate a strong expansion. Over the period under review, the tie imports reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Tie Imports by Country in Northern America

The U.S. dominates tie imports structure, amounting to X units, which was near X% of total imports in 2017. It was distantly followed by Canada (X units), generating X% share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2017. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing importer in Northern America, with a CAGR of +X% from 2007-2017. Canada (-X%) and the U.S. (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. totaled +X%.

Tie Import Prices by Country in Northern America

The tie import price in Northern America stood at $X per unit in 2017, going down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. Over the period under review, the import prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) attained its maximum level of $X per unit in 2016, and then declined slightly in the following year.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Canada ($X per unit) and the U.S. ($X per unit), while the U.S. ($X per unit) and Canada ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform