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Hong Kong SAR, China - Jerseys, Pullovers, Cardigans And Similar Articles - Market Analysis, Forecast, Size, Trends and Insights

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Jul 15, 2023

Hong Kongs Jersey Price Hits Low of $21.5 per Unit

Hong Kong Jersey Export Price in March 2023

In March 2023, the jersey price amounted to $21.5 per unit (FOB, Hong Kong), with a decrease of -19.1% against the previous month. Over the period under review, the export price saw a mild shrinkage. The growth pace was the most rapid in June 2022 an increase of 25% month-to-month. Over the period under review, the average export prices hit record highs at $29.7 per unit in August 2022; however, from September 2022 to March 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Macao ($88.7 per unit), while the average price for exports to Indonesia ($3.8 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Jersey in Hong Kong (USD per unit)
COUNTRY	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023
Macao	69.0	42.3	68.5	84.6	73.7	100	81.7	81.4	79.7	77.8	68.2	91.0	88.7
South Korea	37.7	58.5	37.0	81.2	71.1	44.1	32.7	35.8	31.9	68.4	58.6	82.1	72.6
Taiwan (Chinese)	32.3	26.1	36.0	40.5	34.5	27.5	18.3	23.5	28.5	24.4	29.3	36.5	53.9
China	65.9	46.3	45.3	61.9	54.7	56.0	51.4	60.4	64.8	64.7	68.0	40.4	32.4
Australia	26.5	25.3	25.2	32.6	32.0	27.7	30.7	35.6	34.1	23.2	26.7	24.8	21.6
United States	18.9	20.2	19.5	23.5	21.1	21.4	21.6	23.5	21.9	29.0	22.9	20.5	20.0
United Kingdom	19.1	24.5	25.0	27.5	30.5	25.1	25.3	33.0	30.5	25.7	21.6	19.5	18.1
Japan	14.5	11.8	12.6	14.8	24.1	24.8	18.1	18.4	15.7	17.8	22.2	23.2	16.7
Thailand	33.5	25.0	30.7	33.0	25.1	26.9	17.9	17.8	19.4	25.3	28.1	19.3	11.3
Mexico	11.4	10.3	11.5	13.1	13.8	15.5	10.8	13.2	9.4	11.3	11.7	10.5	10.5
Canada	21.3	8.5	9.8	14.6	18.3	22.6	18.0	14.1	12.6	10.7	17.6	18.5	7.0
Panama	9.1	6.5	5.9	5.2	7.1	7.2	5.7	5.6	8.0	7.0	5.9	5.1	4.0
Indonesia	5.1	28.5	25.5	37.7	55.1	27.4	39.0	44.7	50.9	33.3	115	4.2	3.8
Average	26.2	21.9	22.4	28.0	27.5	29.7	25.6	29.3	29.4	29.3	28.5	26.6	21.5

Hong Kong Jersey Exports

In March 2023, approximately 2.8M units of jerseys, pullovers, cardigans and similar articles were exported from Hong Kong; jumping by 31% against the previous month's figure. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at 4.7M units in August 2022; however, from September 2022 to March 2023, the exports failed to regain momentum.

In value terms, jersey exports expanded remarkably to $60M (IndexBox estimates) in March 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 with an increase of 30% against the previous month. The exports peaked at 139M units in August 2022; however, from September 2022 to March 2023, the exports stood at a somewhat lower figure.

Hong Kong Jersey Exports by Country

Indonesia (500K units), the United States (394K units) and China (358K units) were the main destinations of jersey exports from Hong Kong, together accounting for 45% of total exports. These countries were followed by Japan, Mexico, Australia, the UK, Macao, South Korea, Canada, Panama, Thailand and Taiwan (Chinese), which together accounted for a further 41%.

From March 2022 to March 2023, the biggest increases were in Thailand (with a CAGR of +18.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jersey exported from Hong Kong were China ($12M), the United States ($7.9M) and Macao ($6.8M), with a combined 44% share of total exports. These countries were followed by Japan, South Korea, Australia, Taiwan (Chinese), the UK, Mexico, Indonesia, Thailand, Canada and Panama, which together accounted for a further 39%.

Among the main countries of destination, Indonesia, with a CAGR of +10.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the jersey market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14391031 - Men
Prodcom 14391032 - Women
Prodcom 14391033 - Jerseys and pullovers, containing . .50 % by weight of wool and weighing . .600 g per article
Prodcom 14391053 - Lightweight fine knit roll, polo or turtle neck jumpers and pullovers, of cotton
Prodcom 14391055 - Lightweight fine knit roll, polo or turtle neck jumpers and pullovers, of man-made fibres
Prodcom 14391061 - Men
Prodcom 14391062 - Women
Prodcom 14391071 - Men
Prodcom 14391072 - Women
Prodcom 14391090 - Jerseys, pullovers, sweatshirts, waistcoats and cardigans, of textile materials (excluding those of wool or fine animal hair, c otton, man-made fibres)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Hong Kong SAR, China - Jerseys, Pullovers, Cardigans And Similar Articles - Market Analysis, Forecast, Size, Trends and Insights

Hong Kongs Jersey Price Hits Low of $21.5 per Unit

Hong Kong Jersey Export Price in March 2023

Hong Kong Jersey Exports

Hong Kong Jersey Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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