United Kingdom: Jersey Market 2025

Jersey Market Size in the UK

The UK jersey market expanded sharply to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Jersey Production in the UK

In value terms, jersey production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Jersey Exports

Exports from the UK

In 2022, shipments abroad of jerseys, pullovers, cardigans and similar articles decreased by X% to X units, falling for the sixth year in a row after two years of growth. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, jersey exports fell to $X in 2022. In general, exports recorded a pronounced descent. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), the Netherlands (X units) and Ireland (X units) were the main destinations of jersey exports from the UK, together comprising X% of total exports. Belgium, France, the United States, South Korea, Spain, Bangladesh, Italy, Poland and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Germany ($X) and the Netherlands ($X) were the largest markets for jersey exported from the UK worldwide, with a combined X% share of total exports. The United States, France, Ireland, Italy, Belgium, Spain, Bangladesh, Poland and Russia lagged somewhat behind, together accounting for a further X%.

Bangladesh, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average jersey export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Imports

Imports into the UK

In 2022, supplies from abroad of jerseys, pullovers, cardigans and similar articles increased by X% to X units, rising for the second consecutive year after four years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, jersey imports rose rapidly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Bangladesh (X units), China (X units) and Turkey (X units) were the main suppliers of jersey imports to the UK, together accounting for X% of total imports. Pakistan, Cambodia, Myanmar, Vietnam and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jersey suppliers to the UK were China ($X), Bangladesh ($X) and Turkey ($X), together comprising X% of total imports. Cambodia, Pakistan, Vietnam, Myanmar and India lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average jersey import price stood at $X per unit in 2022, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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