China: Jersey Market 2024

Jersey Market Size in China

The Chinese jersey market fell modestly to $X in 2022, which is down by X% against the previous year. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2017 indices. Jersey consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Jersey Production in China

In value terms, jersey production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Jersey production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Jersey Exports

Exports from China

In 2022, the amount of jerseys, pullovers, cardigans and similar articles exported from China shrank slightly to X units, flattening at 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, jersey exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X units), Japan (X units) and South Korea (X units) were the main destinations of jersey exports from China, with a combined X% share of total exports. Greece, Germany, Spain, the UK, Vietnam, Australia, the Philippines, Chile, France and the Netherlands 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 Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for jerseys, pullovers, cardigans and similar articles exports from China, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with an X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

The average jersey export price stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price enjoyed a slight increase. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the Philippines ($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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Imports

Imports into China

In 2022, overseas purchases of jerseys, pullovers, cardigans and similar articles decreased by X% to X units, falling for the third consecutive year after three years of growth. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, jersey imports amounted to $X in 2022. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

South Korea (X units), Vietnam (X units) and Bangladesh (X units) were the main suppliers of jersey imports to China, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of jerseys, pullovers, cardigans and similar articles to China, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average jersey import price amounted to $X per unit, surging by X% against the previous year. In general, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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