Norway: Jersey Market 2024

Jersey Market Size in Norway

In 2022, the Norwegian jersey market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Jersey consumption peaked in 2022 and is expected to retain growth in the near future.

Jersey Exports

Exports from Norway

In 2022, overseas shipments of jerseys, pullovers, cardigans and similar articles decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, total exports indicated a pronounced increase 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 increased by X% against 2016 indices. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then dropped remarkably in the following year.

In value terms, jersey exports contracted significantly to $X in 2022. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Sweden (X units) was the main destination for jersey exports from Norway, with a X% share of total exports. Moreover, jersey exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), more than tenfold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Germany (X% per year).

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

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

Export Prices by Country

The average jersey export price stood at $X per unit in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Imports

Imports into Norway

In 2022, supplies from abroad of jerseys, pullovers, cardigans and similar articles increased by X% to X units, rising for the second year in a row after two 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%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, jersey imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Bangladesh (X units) and Turkey (X units) were the main suppliers of jersey imports to Norway, together comprising X% of total imports. Cambodia, Myanmar, India, Indonesia and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, China ($X), Bangladesh ($X) and Turkey ($X) constituted the largest jersey suppliers to Norway, with a combined X% share of total imports. Italy, Cambodia, India, Myanmar and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then shrank slightly in the following year.

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 Italy ($X per unit), while the price for Indonesia ($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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