Ireland: Jersey Market 2024

Jersey Market Size in Ireland

In 2022, after five years of growth, there was decline in the Irish jersey market, when its value decreased by X% to $X. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Jersey Production in Ireland

In value terms, jersey production declined markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Jersey production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Jersey Exports

Exports from Ireland

In 2022, approx. X units of jerseys, pullovers, cardigans and similar articles were exported from Ireland; with an increase of X% on 2021. Overall, total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, jersey exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for jersey exports from Ireland, accounting for a X% share of total exports. Moreover, jersey exports to the UK exceeded the volume sent to the second major destination, Spain (X units), fivefold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and France (X% per year).

In value terms, the UK ($X) remains the key foreign market for jerseys, pullovers, cardigans and similar articles exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average jersey export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price showed a mild decline. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Jersey Imports

Imports into Ireland

Jersey imports into Ireland rose rapidly to X units in 2022, surging by X% on the previous year's figure. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, jersey imports shrank to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

China (X units), Bangladesh (X units) and Cambodia (X units) were the main suppliers of jersey imports to Ireland, together comprising X% of total imports. The UK, Turkey, Spain, Myanmar and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest jersey suppliers to Ireland were China ($X), the UK ($X) and Bangladesh ($X), with a combined X% share of total imports. Germany, Turkey, Cambodia, Spain and Myanmar lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average jersey import price amounted to $X per unit, reducing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :