The European export of ties, bow ties, and cravats made of silk or silk waste is led by the Netherlands, accounting for approximately 30.66% of the market share. Italy follows with a 27.35% share. Countries like Spain and Germany each hold a little over 12%, making up the second tier. Noteworthy year-on-year changes include the Netherlands' 17.17% growth and Belgium's 34.31% rise. In contrast, Italy and Slovakia experienced declines, with Italy dropping by 28.31% and Slovakia by 30.66%. The United Kingdom marked a complete turnover with a decline of 100%.
Future trends to watch include a potential continuation of market share expansion for the Netherlands and Belgium, given their recent growth. Italy's decline may stabilize or reverse if production costs are managed and luxury demands increase. Emerging markets in Eastern Europe, despite small current contributions, could see growth with targeted marketing. Environmental and sustainable production methods might influence future preferences in silk tie manufacturing and exports.
Top countries in Export of Ties, Bow Ties and Cravats of Silk or Silk Waste Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 30.66 | 2023 | +10.93% | +17.17% | View data |
| 2 | 2 Italy | 27.35 | 2023 | +9.5% | -28.31% | View data |
| 3 | 3 Spain | 12.69 | 2023 | +10.73% | +12.71% | View data |
| 4 | 4 Germany | 12.65 | 2023 | -16.74% | -13.94% | View data |
| 5 | 5 France | 6.38 | 2023 | -2.29% | -13.36% | View data |
| 6 | 6 Belgium | 3.16 | 2023 | +12.22% | +34.31% | View data |
| 7 | 7 Sweden | 2.13 | 2023 | -13.04% | -12.38% | View data |
| 8 | 8 Austria | 1.11 | 2023 | +10.25% | -5.16% | View data |
| 9 | 9 Portugal | 0.85 | 2023 | +5.87% | -6.19% | View data |
| 10 | 10 United Kingdom | 0.41 | 2023 | -42.48% | View data |
