Asia: Jersey Market 2025

Jersey Market Size in Asia

After three years of decline, the Asian jersey market increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Jersey Production in Asia

In value terms, jersey production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Jersey Exports

Exports in Asia

Jersey exports dropped slightly to X units in 2022, waning by X% compared with the previous year's figure. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, jersey exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

China represented the key exporter of jerseys, pullovers, cardigans and similar articles in Asia, with the volume of exports reaching X units, which was near X% of total exports in 2022. Bangladesh (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%), Cambodia (X%) and Turkey (X%). The following exporters - Pakistan (X units) and Indonesia (X units) - each reached a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of jerseys, pullovers, cardigans and similar articles. At the same time, Cambodia (X%), Pakistan (X%), Bangladesh (X%), Indonesia (X%), Turkey (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. While the share of Bangladesh (X p.p.), Cambodia (X p.p.), Vietnam (X p.p.), Turkey (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest jersey supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In China, jersey exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Bangladesh ($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 other leaders experienced more modest paces of growth.

Jersey Imports

Imports in Asia

In 2022, the amount of jerseys, pullovers, cardigans and similar articles imported in Asia expanded slightly to X units, rising by X% compared with the previous year's figure. Over the period under review, imports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, jersey imports stood at $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Japan (X units) was the major importer of jerseys, pullovers, cardigans and similar articles, committing X% of total imports. Taiwan (Chinese) (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%), Hong Kong SAR (X%), China (X%) and the United Arab Emirates (X%). Iraq (X units), Turkey (X units), Israel (X units), India (X units) and Kazakhstan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to jersey imports into Japan stood at X%. At the same time, India (X%), Iraq (X%), Taiwan (Chinese) (X%), South Korea (X%), China (X%) and Turkey (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Israel experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%), Kazakhstan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (X p.p.), South Korea (X p.p.), China (X p.p.), Japan (X p.p.), Iraq (X p.p.) and India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported jerseys, pullovers, cardigans and similar articles in Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by China, with a X% share.

In Japan, jersey imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and China (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Iraq ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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