Nepal: Jersey Market 2024

Jersey Market Size in Nepal

The Nepalese jersey market shrank to $X in 2022, declining by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Jersey consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Jersey Production in Nepal

In value terms, jersey production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Jersey Exports

Exports from Nepal

After six years of growth, shipments abroad of jerseys, pullovers, cardigans and similar articles decreased by X% to X units in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2021, and then fell significantly in the following year.

In value terms, jersey exports shrank remarkably to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped notably in the following year.

Exports by Country

The UK (X units), the United States (X units) and Germany (X units) were the main destinations of jersey exports from Nepal, with a combined X% share of total exports. France, Italy, Japan, Denmark, Canada, the Netherlands, Norway, Switzerland and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for jersey exported from Nepal were Germany ($X), the UK ($X) and France ($X), together accounting for X% of total exports. Italy, the United States, Japan, Denmark, Switzerland, the Netherlands, Norway, Canada and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw 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, approximately mirroring the previous year. Overall, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Canada ($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 Japan (X%), while the prices for the other major destinations experienced a decline.

Jersey Imports

Imports into Nepal

Jersey imports into Nepal shrank markedly to X units in 2022, with a decrease of X% on the previous year's figure. Over the period under review, imports faced a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, jersey imports contracted dramatically to $X in 2022. In general, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest jersey supplier to Nepal, with a X% share of total imports. Moreover, jersey imports from China exceeded the figures recorded by the second-largest supplier, India (X units), sixfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

In 2022, the average jersey import price amounted to $X per unit, dropping by X% against the previous year. In general, import price indicated modest growth 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 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for India totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform