Australia and Oceania: Tie Market 2020

Tie Market Size in Australia and Oceania

The revenue of the tie market in Australia and Oceania amounted to $X in 2017, picking up 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 conspicuous growth from 2007 to 2017: its value decreased 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 increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. In that year, the tie market reached their peak level of $X. From 2014 to 2017, growth of the tie market stood at a somewhat lower level.

Tie Exports in Australia and Oceania

The exports totaled X units in 2017, dropping by -X% against the previous year. The tie exports continue to indicate a deep descent. The most prominent rate of growth was recorded in 2012, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, tie exports totaled $X in 2017. The tie exports continue to indicate an abrupt shrinkage. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Tie Exports by Country in Australia and Oceania

New Zealand (X units) and Australia (X units) dominates tie exports structure, together making up X% of total exports. It was distantly followed by Fiji (X units), achieving X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Fiji (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, the largest tie markets worldwide were Australia ($X), New Zealand ($X) and Fiji ($X), together accounting for X% of total exports.

In terms of the main exporting countries , Fiji (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Tie Export Prices by Country in Australia and Oceania

In 2017, the tie export price in Australia and Oceania amounted to $X per unit, picking up by X% against the previous year. The export price indicated a remarkable expansion from 2007 to 2017: its price 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 export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017, an increase of 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, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Australia ($X per unit), while Fiji ($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 New Zealand (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Tie Imports in Australia and Oceania

The imports stood at X units in 2017, shrinking by -X% against the previous year. The tie imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the tie imports attained its maximum volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, tie imports totaled $X in 2017. The tie imports continue to indicate a relatively flat trend pattern. In that year, the tie imports attained their peak level of $X. From 2013 to 2017, growth of the tie imports stood at a somewhat lower level.

Tie Imports by Country in Australia and Oceania

Australia was the main importing country with an import of about X units, which finished at X% of total imports. New Zealand (X units) took the second position in the ranking, distantly followed by Fiji (X units). All these countries together took approx. X% share of total imports. The following importers - Papua New Guinea (X units) and Solomon Islands (X units) each resulted at a X% share of total imports.

Imports into Australia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Solomon Islands (+X%), Fiji (+X%) and Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, New Zealand (-X%) illustrated a downward trend over the same period. While the share of Australia (X%) and New Zealand (X%) increased significantly in terms of the global imports from 2007-2017, the share of Fiji (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Fiji, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia totaled -X%. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Fiji (+X% per year).

Tie Import Prices by Country in Australia and Oceania

The tie import price in Australia and Oceania stood at $X per unit in 2017, surging by X% against the previous year. The import price indicated a slight expansion from 2007 to 2017: its price 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 import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014, when the import prices increased by X% against the previous year. Over the period under review, the import prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) reached its maximum level of $X per unit in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per unit), while Solomon Islands ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Papua New Guinea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform