Central Asia: Tie Market 2020

Tie Market Size in Central Asia

The revenue of the tie market in Central Asia amounted to $X in 2017, falling 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 tie consumption continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2010, when market value increased by X% against the previous year. The level of tie consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Tie Exports in Central Asia

In 2017, tie exports in Central Asia totaled X units, going up by X% against the previous year. The tie exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. In that year, the tie exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, tie exports amounted to $X in 2017. The tie exports continue to indicate a remarkable increase. In that year, the tie exports reached their peak level, and are likely to continue its growth in the immediate term.

Tie Exports by Country in Central Asia

Kazakhstan dominates tie exports structure, recording X units, which was approx. X% of total exports in 2017. It was distantly followed by Kyrgyzstan (X units), generating X% share of total exports.

Kazakhstan was also the fastest growing in terms of the ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) exports, with a CAGR of +X% from 2007 to 2017. Kyrgyzstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Kyrgyzstan increased by X% percentage points, while Kazakhstan (-X%) saw their share reduced.

In value terms, Kazakhstan ($X) remains the largest tie supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan stood at +X%.

Tie Export Prices by Country in Central Asia

In 2017, the tie export price in Central Asia amounted to $X per unit, approximately reflecting the previous year. The export price indicated a tangible growth 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 decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2014, an increase of X% y-o-y. In that year, the export prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) attained their peak level of $X per unit. From 2015 to 2017, growth of the export prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Kazakhstan ($X per unit), while Kyrgyzstan ($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 Kazakhstan (-X% per year).

Tie Imports in Central Asia

In 2017, approx. X units of ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) were imported in Central Asia; falling by -X% against the previous year. The tie imports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. In that year, the tie imports attained their peak volume of X units. From 2014 to 2017, growth of the tie imports stood at a somewhat lower level.

In value terms, tie imports totaled $X in 2017. The tie imports continue to indicate a deep contraction. In that year, the tie imports attained their peak level of $X. From 2014 to 2017, growth of the tie imports stood at a somewhat lower level.

Tie Imports by Country in Central Asia

Kazakhstan represented the key importer of ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) in Central Asia, with the volume of imports finishing at X units, which was approx. X% of total imports in 2017. It was distantly followed by Kyrgyzstan (X units), generating X% share of total imports.

Kazakhstan was also the fastest growing in terms of the ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) imports, with a CAGR of +X% from 2007 to 2017. Kyrgyzstan (-X%) illustrated a downward trend over the same period. Kyrgyzstan (X%) significantly strengthened its position in terms of the global imports, while Kazakhstan saw its share reduced by -X% from 2007 to 2017, respectively.

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

In Kazakhstan, tie imports increased at an average annual rate of +X% over the period from 2007-2017.

Tie Import Prices by Country in Central Asia

The tie import price in Central Asia stood at $X per unit in 2017, falling by -X% against the previous year. The tie import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when it surged by X% against the previous year. In that year, the import prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) attained their peak level of $X per unit. From 2010 to 2017, growth of the import prices for ties, bow ties and cravats (excluding articles of silk or silk waste, knitted or crocheted) failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kazakhstan ($X per unit) and Kyrgyzstan ($X per unit), while Kyrgyzstan ($X per unit) and Kazakhstan ($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 Kazakhstan (+X% per year).

Source: IndexBox Platform