Report Update: Apr 1, 2024

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

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Jersey Price in Vietnam - 2021

Jersey Price in Vietnam (FOB) - 2021

The average jersey export price stood at $10.8 per unit in December 2021, approximately equating the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in June 2021 when the average export price increased by 1.9% month-to-month. The export price peaked at $11.4 per unit in October 2021; however, from November 2021 to December 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In December 2021, the countries with the highest prices were the Netherlands ($11.2 per unit) and Germany ($10.9 per unit), while the average price for exports to China ($10.5 per unit) and South Korea ($10.6 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.1%), while the prices for the other major destinations experienced a decline.

Jersey Price in Vietnam (CIF) - 2021

The average jersey import price stood at $10.8 per unit in December 2021, waning by -8.8% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 9.7% month-to-month. As a result, import price reached the peak level of $11.8 per unit. From April 2021 to December 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($14.7 per unit), while the price for Indonesia ($9.7 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Portugal (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Jersey Exports in Vietnam

In 2022, the amount of jerseys, pullovers, cardigans and similar articles exported from Vietnam shrank modestly to 800M units, declining by -3.4% against 2021. Overall, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.3%. The exports peaked at 903M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, jersey exports reduced to $4.7B in 2022. In general, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of $5B, and then dropped in the following year.

Export of Jersey in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2,732	2,438	2,819	2,551	-2.3%
Japan	750	665	586	640	-5.1%
South Korea	215	192	199	193	-3.5%
China	211	222	240	184	-4.5%
Canada	144	143	174	183	8.3%
France	92.5	54.5	44.2	61.3	-12.8%
Others	847	758	937	923	2.9%
Total	4,991	4,473	4,998	4,736	-1.7%

Top Export Markets for Jersey from Vietnam in 2022:

United States (576.1M units)
Japan (59.9M units)
Canada (23.8M units)
South Korea (19.2M units)
France (12.3M units)
China (12.0M units)

Jersey Imports in Vietnam

In 2022, imports of jerseys, pullovers, cardigans and similar articles into Vietnam rose to 2.3M units, increasing by 1.6% against 2021 figures. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 2.3M units; afterwards, it flattened through to 2022.

In value terms, jersey imports declined to $28M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. Over the period under review, imports attained the maximum at $30M in 2021, and then contracted in the following year.

Import of Jersey in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	N/A	N/A	24.0	0%
Myanmar	0.1	0.1	N/A	3.9	239.1%
Bangladesh	1.6	1.1	1.2	N/A	-13.4%
South Korea	0.8	0.3	0.2	N/A	-50.0%
China	8.8	17.9	21.1	N/A	54.8%
Cambodia	0.7	0.9	0.5	N/A	-15.5%
Portugal	0.7	0.4	0.4	N/A	-24.4%
Italy	2.5	2.5	3.2	N/A	13.1%
Turkey	1.0	1.0	1.0	N/A	0.0%
Others	2.5	2.0	1.9	N/A	-12.8%
Total	18.6	26.3	29.6	28.0	14.6%

Top Suppliers of Jersey to Vietnam in 2022:

United Arab Emirates (1.7M units)
Myanmar (0.6M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the jersey market in Vietnam. 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:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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