Wool and hair: waste of coarse animal hair, including yarn waste, but excluding garnetted stock

In 2024, wool and hair: waste of coarse animal hair, including yarn waste, but excluding garnetted stock trade exhibited strong growth, with global flows reaching $149,470 and a three-year compound annual growth rate of -18.9% (five-year: -15.8%). The all-time peak of $5,229,623 was recorded in 1997; the current level is 97% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (+1.5% acceleration).

The World Trade Flows Characterization classifies wool and hair: waste of coarse animal hair, including yarn waste, but excluding garnetted stock as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.137). The three largest exporters — Italy ($710.0K), Taiwan ($656.2K), and United Kingdom ($572.0K) — collectively dominate supply flows. The leading exporter has grown at -21.7% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.151). The three largest import markets are Philippines ($166.6K), Ghana ($101.8K), and Egypt ($65.7K). The largest importing market sources from 1 different supplying countries.

Estimated substitution elasticity: -24.88. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Taiwan → South Korea at $280.5K, representing 82.7% of the importer's total demand.

The volatility score for wool and hair: waste of coarse animal hair, including yarn waste, but excluding garnetted stock is 15 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, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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