Southern Asia: Jersey Market 2024

Jersey Market Size in Southern Asia

The South Asian jersey market totaled $X in 2022, increasing 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. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Jersey Production in Southern Asia

In value terms, jersey production fell to $X in 2022 estimated in export price. The total production indicated a buoyant 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Jersey Exports

Exports in Southern Asia

In 2022, jersey exports in Southern Asia declined to X units, which is down by X% against the previous year. Total exports indicated a resilient 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then declined in the following year.

In value terms, jersey exports contracted to $X in 2022. Total exports 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

Bangladesh prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Pakistan (X units), generating an X% share of total exports. The following exporters - India (X units) and Sri Lanka (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to jersey exports from Bangladesh stood at X%. At the same time, Pakistan (X%), India (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bangladesh (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) remains the largest jersey supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports. It was followed by India, with a X% share.

In Bangladesh, jersey exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (X% per year) and India (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, waning by X% against the previous year. Export price indicated a tangible 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 export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Sri Lanka ($X per unit) and India ($X per unit), while Bangladesh ($X per unit) and Pakistan ($X per unit) were amongst the lowest.

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

Jersey Imports

Imports in Southern Asia

In 2022, the amount of jerseys, pullovers, cardigans and similar articles imported in Southern Asia shrank to X units, with a decrease of X% compared with the year before. Overall, imports, however, posted notable growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, jersey imports surged to $X in 2022. Total imports indicated a noticeable 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. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

India dominates imports structure, amounting to X units, which was near X% of total imports in 2022. Afghanistan (X units) took the second position in the ranking, followed by Nepal (X units). All these countries together took approx. X% share of total imports. Pakistan (X units), Bangladesh (X units) and Sri Lanka (X units) took a minor share of total imports.

India was also the fastest-growing in terms of the jerseys, pullovers, cardigans and similar articles imports, with a CAGR of X% from 2012 to 2022. At the same time, Pakistan (X%), Afghanistan (X%) and Bangladesh (X%) displayed positive paces of growth. By contrast, Sri Lanka (X%) and Nepal (X%) illustrated a downward trend over the same period. India (X p.p.) and Pakistan (X p.p.) significantly strengthened its position in terms of the total imports, while Nepal saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported jerseys, pullovers, cardigans and similar articles in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total imports. It was followed by Nepal, with a X% share.

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

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Afghanistan ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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