Republic of Korea - Jerseys, Pullovers, Cardigans And Similar Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJersey Price in South Korea - 2022
Contents:
- Jersey Price in South Korea (CIF) - 2022
- Jersey Price in South Korea (FOB) - 2022
- Jersey Imports in South Korea
- Jersey Exports in South Korea
Jersey Price in South Korea (CIF) - 2022
In December 2022, the average jersey import price amounted to $13.3 per unit, reducing by -2.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 an increase of 9.4% month-to-month. As a result, import price attained the peak level of $15.0 per unit. From July 2022 to December 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($20.5 per unit), while the price for Myanmar ($10.8 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Jersey Price in South Korea (FOB) - 2022
In December 2022, the average jersey export price amounted to $15.6 per unit, reducing by -2.2% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 10% against the previous month. The export price peaked at $17.4 per unit in September 2022; however, from October 2022 to December 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Italy ($27.9 per unit), while the average price for exports to Vietnam ($14.0 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Jersey Imports in South Korea
In 2022, approx. 120M units of jerseys, pullovers, cardigans and similar articles were imported into South Korea; jumping by 25% against 2021 figures. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, jersey imports surged to $1.6B in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Jersey in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 425 | 364 | 544 | 683 | 17.1% |
| Vietnam | 212 | 178 | 199 | 248 | 5.4% |
| Italy | 117 | 115 | 177 | 216 | 22.7% |
| Bangladesh | 65.1 | 67.0 | 87.9 | 117 | 21.6% |
| Portugal | 33.2 | 36.2 | 59.0 | 63.3 | 24.0% |
| Cambodia | 23.5 | 17.1 | 25.4 | 32.5 | 11.4% |
| Indonesia | 32.9 | 29.5 | 33.6 | 32.3 | -0.6% |
| Turkey | 15.4 | 19.4 | 26.6 | 29.0 | 23.5% |
| Myanmar | 39.8 | 86.0 | 3.5 | 20.8 | -19.5% |
| Others | 122 | 111 | 154 | 188 | 15.5% |
| Total | 1,085 | 1,023 | 1,311 | 1,630 | 14.5% |
Top Suppliers of Jersey to South Korea in 2022:
- China (52.3M units)
- Vietnam (20.1M units)
- Italy (11.7M units)
- Bangladesh (10.2M units)
- Portugal (4.3M units)
- Indonesia (2.9M units)
- Cambodia (2.7M units)
- Turkey (2.3M units)
- Myanmar (1.9M units)
Jersey Exports in South Korea
For the fourth year in a row, South Korea recorded growth in shipments abroad of jerseys, pullovers, cardigans and similar articles, which increased by 0.4% to 9.8M units in 2022. The total export volume increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, jersey exports totaled $160M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Jersey in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.9 | 15.0 | 32.4 | 36.4 | 18.5% |
| China | 12.9 | 21.2 | 37.2 | 35.3 | 39.9% |
| Japan | 34.2 | 27.4 | 28.4 | 34.5 | 0.3% |
| Hong Kong SAR | 9.8 | 20.6 | 16.0 | 18.6 | 23.8% |
| Canada | 1.2 | 3.2 | 5.3 | 9.7 | 100.7% |
| Taiwan (Chinese) | 0.9 | 1.6 | 3.2 | 4.0 | 64.4% |
| Italy | 1.3 | 2.1 | 3.0 | 3.7 | 41.7% |
| United Kingdom | 2.6 | 3.2 | 3.7 | 3.4 | 9.4% |
| Others | 8.7 | 7.5 | 12.0 | 14.1 | 17.5% |
| Total | 93.5 | 102 | 141 | 160 | 19.6% |
Top Export Markets for Jersey from South Korea in 2022:
- United States (2.5M units)
- Japan (2.4M units)
- China (2.0M units)
- Hong Kong SAR (0.9M units)
- Canada (0.5M units)
- Taiwan (Chinese) (0.3M units)
- Italy (0.2M units)
- United Kingdom (0.1M units)
This report provides an in-depth analysis of the jersey market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the jersey market in Republic of Korea.
1487
This report provides an in-depth analysis of the global jersey market.
324
This report provides an in-depth analysis of the jersey market in Republic of Korea.
1487
This report provides an in-depth analysis of the global jersey market.
828
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...
775
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...
828
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...
775
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...
