India - Jerseys, Pullovers, Cardigans And Similar Articles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - Jerseys, Pullovers, Cardigans And Similar Articles - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Apr 27, 2023

India's Jersey Price Jumps to $8.2 per Unit After 3 Months of Growth

India Jersey Export Price in November 2022

In November 2022, the jersey price stood at $8.2 per unit (FOB, India), with an increase of 18% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained 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 November 2022, the country with the highest price was the Netherlands ($12.1 per unit), while the average price for exports to Tanzania ($2.3 per unit) was amongst the lowest.

From February 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYFeb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022
Export Price of Jersey in India (USD per unit)
Netherlands8.411.010.410.910.16.910.010.911.412.1
Afghanistan12.412.611.7N/A11.48.39.212.512.311.1
United States7.26.97.78.27.78.57.99.910.510.3
United Kingdom7.88.27.06.87.38.87.47.46.48.8
Germany8.79.18.49.18.16.27.09.110.88.1
France7.28.77.06.25.47.06.07.57.77.3
Nepal9.76.24.04.66.67.53.96.23.56.8
Spain6.06.95.36.03.84.43.53.03.46.4
United Arab Emirates4.95.86.87.13.53.94.64.94.56.1
Belgium6.58.64.74.75.06.74.86.27.35.9
Tanzania9.03.23.52.64.04.12.92.42.32.3
Average8.07.27.27.07.17.06.36.87.08.2

India Jersey Exports

In November 2022, overseas shipments of jerseys, pullovers, cardigans and similar articles decreased by -6.9% to 4.5M units, falling for the fourth consecutive month after six months of growth. Overall, exports, however, enjoyed strong growth. The growth pace was the most rapid in May 2022 with an increase of 42% m-o-m. The exports peaked at 7.5M units in July 2022; however, from August 2022 to November 2022, the exports failed to regain momentum.

In value terms, jersey exports rose sharply to $36M (IndexBox estimates) in November 2022. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in May 2022 with an increase of 39% m-o-m. Over the period under review, the exports hit record highs at 53M units in June 2022; however, from July 2022 to November 2022, the exports stood at a somewhat lower figure.

India Jersey Exports by Country

The United States (1.1M units) was the main destination for jersey exports from India, with a 25% share of total exports. Moreover, jersey exports to the United States exceeded the volume sent to the second major destination, Germany (543K units), twofold. Tanzania (499K units) ranked third in terms of total exports with an 11% share.

From February 2022 to November 2022, the average monthly growth rate of volume to the United States stood at +6.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+8.2% per month) and Tanzania (+11.3% per month).

In value terms, the largest markets for jersey exported from India were the United States ($12M), the Netherlands ($6M) and Germany ($4.4M), together comprising 60% of total exports. These countries were followed by the UK, the United Arab Emirates, Tanzania, Afghanistan, France, Belgium, Spain and Nepal, which together accounted for a further 25%.

Among the main countries of destination, Nepal, with a CAGR of +37.5%, 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the jersey market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14391031 - Men
  • Prodcom 14391032 - Women
  • Prodcom 14391033 - Jerseys and pullovers, containing . .50 % by weight of wool and weighing . .600 g per article
  • Prodcom 14391053 - Lightweight fine knit roll, polo or turtle neck jumpers and pullovers, of cotton
  • Prodcom 14391055 - Lightweight fine knit roll, polo or turtle neck jumpers and pullovers, of man-made fibres
  • Prodcom 14391061 - Men
  • Prodcom 14391062 - Women
  • Prodcom 14391071 - Men
  • Prodcom 14391072 - Women
  • Prodcom 14391090 - Jerseys, pullovers, sweatshirts, waistcoats and cardigans, of textile materials (excluding those of wool or fine animal hair, c otton, man-made fibres)

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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