Which Country Imports the Most Jerseys, Pullovers and Cardigans in the World?
Knitted and Crocheted Apparel May 28, 2018
IndexBox has just published a new report "World: Jerseys, Pullovers, Cardigans And Similar Articles - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, the amount of jersey imported worldwide stood at 4.2M tonnes, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when import increased by 4% y-o-y. In that year, global jersey imports reached its maximum volume of 4.3M tonnes. From 2015 to 2016, growth of global jersey imports stood at a somewhat lower level.
In value terms, jersey imports amounted to $50B in 2016. Overall, jersey imports continue to indicate a relatively flat trend pattern. Global jersey import peaked of $56B in 2014- however, from 2015 to 2016, it failed to regain its strength.
Top Jersey Importing Countries in the World
1. USA (14.3 billion USD)
2. Germany (4.4 billion USD)
3. Japan (4.3 billion USD)
4. United Kingdom (3.1 billion USD)
5. France (2.7 billion USD)
6. China, Hong Kong SAR (2.7 billion USD)
7. Spain (1.8 billion USD)
8. China (0.6 billion USD)
9. Turkey (0.2 billion USD)
10. Honduras (0.0 billion USD)
11. Indonesia (0.0 billion USD)
12. Bangladesh (0.0 billion USD)
Jersey Imports By Country
China (1.1M tonnes), and the U.S. (762K tonnes) represented roughly 44% of total imports of jersey in 2016. It was distantly followed by Bangladesh (230K tonnes), generating 5% share of total jersey imports. The UK (174K tonnes), Germany (172K tonnes), Japan (168K tonnes), China, Hong Kong SAR (128K tonnes), France (105K tonnes), Honduras (98K tonnes), Spain (94K tonnes), Turkey (84K tonnes), and Indonesia (81K tonnes) followed a long way behind this figure.
From 2007 to 2016, the most notable growth rate of jersey imports, among the main importing countries, was attained by Spain (+9.4% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($14B) constitutes the largest market for imported jersey worldwide, making up 29% of global imports. The second position in the ranking was occupied by Germany ($4.4B), with the share of 9% of global imports. It was followed by Japan, with the share of 9%.
In the U.S., jersey imports shrank by an average annual rate of -0.5% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: Germany (+2.3% per year) and Japan (+0.6% per year).
Jersey Import Prices By Country
The average jersey import price stood at $12 per kg in 2016, lowering by -2.8% against the previous year. In general, jersey import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when import increased by 14% against the previous year level. Global jersey import peaked of $13 per kg in 2011- however, from 2012 to 2016, it failed to regain its strength.
Import prices varied noticeably by country of destination. the country with the highest import prices was Japan ($26 per kg), while Bangladesh ($0 per kg) was among the lowest.
From 2007 to 2016, the most notable growth rate of jersey import prices was attained by China (+5.4% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global jersey market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- jersey market share
- jersey prices
- jersey industry
- jersey sales
- jersey import
- jersey export
- jersey market forecast
- jersey price forecast
- key jersey producers
All data provided in this article covers the following product: HS Code 6110 - Jerseys, pullovers, cardigans, waistcoats and similar articles- knitted or crocheted.
