Hong Kong SAR, China: Jersey Market 2025

Jersey Market Size in Hong Kong SAR, China

The Hong Kong jersey market skyrocketed to $X in 2022, rising by X% against the previous year. In general, consumption recorded strong growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Jersey Production in Hong Kong SAR, China

In value terms, jersey production plummeted to $X in 2022 estimated in export price. Over the period under review, production faced a dramatic contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Jersey Exports

Exports from Hong Kong SAR, China

In 2022, the amount of jerseys, pullovers, cardigans and similar articles exported from Hong Kong SAR reduced sharply to X units, shrinking by X% compared with the previous year. Over the period under review, exports saw a significant curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, jersey exports shrank dramatically to $X in 2022. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for jersey exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, jersey exports to the United States exceeded the volume sent to the second major destination, Japan (X units), twofold. China (X units) ranked third in terms of total exports with a X% share.

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

In value terms, the United States ($X), China ($X) and Japan ($X) constituted the largest markets for jersey exported from Hong Kong SAR worldwide, together comprising X% of total exports. South Korea, Macao SAR, Australia, the UK, Germany, Taiwan (Chinese), Canada, the Netherlands, France and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Macao SAR, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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, increasing by X% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Macao SAR ($X per unit), while the average price for exports to Mexico ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Imports

Imports into Hong Kong SAR, China

In 2022, approx. X units of jerseys, pullovers, cardigans and similar articles were imported into Hong Kong SAR; with a decrease of X% against the previous year's figure. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, jersey imports reduced markedly to $X in 2022. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest jersey supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, jersey imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. Bangladesh (X units) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

The average jersey import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price 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, jersey import price increased by X% against 2012 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked 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 Japan ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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