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

Hong Kong SAR, China - Jerseys, Pullovers, Cardigans And Similar Articles - Market Analysis, Forecast, Size, Trends and Insights

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Jersey Price in Hong Kong SAR - 2023

Contents:

  1. Jersey Price in Hong Kong SAR (FOB) - 2023
  2. Jersey Price in Hong Kong SAR (CIF) - 2023
  3. Jersey Exports in Hong Kong SAR
  4. Jersey Imports in Hong Kong SAR

Jersey Price in Hong Kong SAR (FOB) - 2023

The average jersey export price stood at $21.7 per unit in May 2023, approximately reflecting the previous month. In general, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 14% against the previous month. The export price peaked at $29.7 per unit in August 2022; however, from September 2022 to May 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($67.9 per unit), while the average price for exports to Indonesia ($5.3 per unit) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Jersey Price in Hong Kong SAR (CIF) - 2023

In May 2023, the average jersey import price amounted to $13.0 per unit, falling by -6.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 35% month-to-month. The import price peaked at $17.3 per unit in February 2023; however, from March 2023 to May 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Macao SAR ($24.0 per unit), while the price for Vietnam ($8.2 per unit) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced a decline.

Jersey Exports in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of jerseys, pullovers, cardigans and similar articles, which decreased by -57.5% to 46M units in 2022. Overall, exports saw a sharp setback. The smallest decline of -0.4% was in 2021. The exports peaked at 195M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, jersey exports contracted rapidly to $1.1B in 2022. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 6.7% against the previous year. The exports peaked at $2.8B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Jersey in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,051535595250-38.0%
China2002182302507.7%
Japan36917615687.1-38.2%
South Korea55.551.064.759.22.2%
Macao SAR83.152.366.658.9-10.8%
Australia78.554.869.753.9-11.8%
United Kingdom14893.410151.2-29.8%
Germany15210610946.1-32.8%
Taiwan (Chinese)44.339.042.240.0-3.3%
Canada10155.168.629.3-33.8%
Netherlands12285.071.628.0-38.8%
France73.553.653.326.0-29.3%
Mexico15.512.712.916.52.1%
Others322198206148-22.8%
Total2,8161,7311,8461,144-25.9%

Top Export Markets for Jersey from Hong Kong SAR in 2022:

  1. United States (12.0M units)
  2. Japan (5.3M units)
  3. China (4.5M units)
  4. Australia (2.2M units)
  5. United Kingdom (2.1M units)
  6. Germany (2.1M units)
  7. Canada (1.9M units)
  8. Taiwan (Chinese) (1.5M units)
  9. Netherlands (1.4M units)
  10. South Korea (1.4M units)
  11. Mexico (1.3M units)
  12. France (1.0M units)
  13. Macao SAR (0.8M units)

Jersey Imports in Hong Kong SAR

In 2022, approx. 90M units of jerseys, pullovers, cardigans and similar articles were imported into Hong Kong SAR; reducing by -31.7% against 2021. In general, imports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 with an increase of 1.4%. Over the period under review, imports hit record highs at 213M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, jersey imports declined rapidly to $998M in 2022. Overall, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 4.2%. Imports peaked at $2.1B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Jersey in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,484933956517-29.6%
Japan20.319.243.832.717.2%
Vietnam41.123.834.030.6-9.4%
Cambodia11.110.412.017.215.7%
Bangladesh8.85.47.913.214.5%
Others505389385388-8.4%
Total2,0701,3811,439998-21.6%

Top Suppliers of Jersey to Hong Kong SAR in 2022:

  1. China (75.5M units)
  2. Vietnam (2.7M units)
  3. Bangladesh (2.0M units)
  4. Cambodia (1.5M units)
  5. Japan (1.4M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the jersey market in Hong Kong SAR, China. 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:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • 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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Blog
Event
Export From Hong Kongs Saw Modest Increase to $108M in November 2023
Apr 29, 2024
Eye 57

The exports of jerseys reached 6 million units in August 2023, but experienced a decline from September to November 2023. In terms of value, jersey exports significantly increased to $108 million in November 2023.

Hong Kongs Jersey Price Hits Low of $21.5 per Unit
Jul 15, 2023
Eye 282

The price of a Jersey decreased by -19.1% in March 2023, when the unit price was $21.5 (FOB, Hong Kong), compared to the previous month.

Which Country Imports the Most Jerseys, Pullovers and Cardigans in the World?
May 28, 2018
Eye 835

In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...

Which Country Exports the Most Jerseys, Pullovers and Cardigans in the World?
May 28, 2018
Eye 778

In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...

Export From Hong Kongs Saw Modest Increase to $108M in November 2023
Apr 29, 2024
Eye 57

The exports of jerseys reached 6 million units in August 2023, but experienced a decline from September to November 2023. In terms of value, jersey exports significantly increased to $108 million in November 2023.

Hong Kongs Jersey Price Hits Low of $21.5 per Unit
Jul 15, 2023
Eye 282

The price of a Jersey decreased by -19.1% in March 2023, when the unit price was $21.5 (FOB, Hong Kong), compared to the previous month.

Which Country Imports the Most Jerseys, Pullovers and Cardigans in the World?
May 28, 2018
Eye 835

In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...

Which Country Exports the Most Jerseys, Pullovers and Cardigans in the World?
May 28, 2018
Eye 778

In 2016, the amount of jersey imported worldwide stood at X tons, approximately mirroring the previous year figure. Overall, jersey imports continue to indicate a relatively flat trend pattern. T...

Free Data: Jerseys, Pullovers, Cardigans And Similar Articles - Hong Kong SAR