Silk: woven fabrics of noil silk

In 2024, silk: woven fabrics of noil silk trade exhibited significant decline, with global flows reaching $10,794,233 and a three-year compound annual growth rate of -13.8% (five-year: -11.4%). The all-time peak of $108,965,036 was recorded in 2005; the current level is 90% below that high-water mark.

Over the 30-year observation window (1995–2024), 28% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (+0.8% acceleration).

The World Trade Flows Characterization classifies silk: woven fabrics of noil silk as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.175). The three largest exporters — India ($7.4M), Italy ($3.8M), and China ($3.0M) — collectively dominate supply flows. The leading exporter has grown at -23.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.064). The three largest import markets are United States ($2.2M), Algeria ($1.8M), and Vietnam ($771.3K). The largest importing market sources from 23 different supplying countries.

The dominant trade corridor is India → Honduras at $5.8M, representing 99.9% of the importer's total demand.

The volatility score for silk: woven fabrics of noil silk is 20 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.