In 2023, the Netherlands led European exports of silk ties, bow ties, and cravats, showing a notable 17.17% growth, followed by Italy despite a substantial 28.31% decline. Spain and Belgium demonstrated robust growth with increases of 12.71% and 34.31% respectively, while Germany, France, and Sweden saw declines. The surprising 100% drop in the United Kingdom's exports stands out. Over the last five years, the CAGR reflects growth in the Netherlands and declines across several markets, including Italy and Germany.
Future trends suggest potential growth in markets like Belgium and Spain, while traditional leaders such as Italy may need innovation to counter declining demand. Sustainability and luxury positioning could become key drivers for European exporters aiming to capture emerging market segments.
Top countries in Export of Ties, Bow Ties and Cravats of Silk or Silk Waste by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,815,700 | 2023 | +10.93% | +17.17% | View data |
| 2 | 2 Italy | 1,619,500 | 2023 | +9.5% | -28.31% | View data |
| 3 | 3 Spain | 751,460 | 2023 | +10.73% | +12.71% | View data |
| 4 | 4 Germany | 749,260 | 2023 | -16.74% | -13.94% | View data |
| 5 | 5 France | 377,950 | 2023 | -2.29% | -13.36% | View data |
| 6 | 6 Belgium | 187,160 | 2023 | +12.22% | +34.31% | View data |
| 7 | 7 Sweden | 125,930 | 2023 | -13.04% | -12.38% | View data |
| 8 | 8 Austria | 65,710 | 2023 | +10.25% | -5.16% | View data |
| 9 | 9 Portugal | 50,400 | 2023 | +5.87% | -6.19% | View data |
| 10 | 10 United Kingdom | 24,390 | 2023 | -42.48% | View data |
