ASEAN: Jersey Market 2024

Jersey Market Size in ASEAN

The ASEAN jersey market skyrocketed to $X in 2022, jumping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Jersey Production in ASEAN

In value terms, jersey production dropped slightly to $X in 2022 estimated in export price. The total production indicated resilient growth 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Jersey Exports

Exports in ASEAN

In 2022, the amount of jerseys, pullovers, cardigans and similar articles exported in ASEAN declined to X units, which is down by X% against 2021 figures. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, jersey exports shrank to $X in 2022. In general, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X units) and Cambodia (X units) represented roughly X% of total exports in 2022. Myanmar (X units) ranks next in terms of the total exports with a X% share, followed by Indonesia (X%) and Malaysia (X%). Thailand (X units) and Singapore (X units) followed a long way behind the leaders.

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

In value terms, Vietnam ($X) remains the largest jersey supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Cambodia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In Vietnam, jersey exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Cambodia (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Jersey Imports

Imports in ASEAN

In 2022, purchases abroad of jerseys, pullovers, cardigans and similar articles increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. In general, imports saw a relatively flat trend pattern. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, jersey imports soared to $X in 2022. Total imports indicated a prominent increase 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 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore was the largest importing country with an import of about X units, which reached X% of total imports. Thailand (X units) took the second position in the ranking, followed by Malaysia (X units), the Philippines (X units), Indonesia (X units) and Vietnam (X units). All these countries together held near X% share of total imports.

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

In value terms, Singapore ($X) constitutes the largest market for imported jerseys, pullovers, cardigans and similar articles in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, picking up by X% against the previous year. Import price indicated a resilient increase from 2012 to 2022: its price 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, jersey import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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