Wool and hair: garnetted stock of wool or of fine or coarse animal hair

In 2024, wool and hair: garnetted stock of wool or of fine or coarse animal hair trade exhibited strong growth, with global flows reaching $3,705,149 and a three-year compound annual growth rate of -0.9% (five-year: -0.6%). The all-time peak of $7,772,532 was recorded in 2011; the current level is 52% below that high-water mark.

Over the 30-year observation window (1995–2024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (+0.8% acceleration).

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

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.238). The three largest exporters — Italy ($2.5M), India ($987.9K), and Malaysia ($937.9K) — collectively dominate supply flows. The leading exporter has grown at -8.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.121). The three largest import markets are China ($951.8K), Germany ($517.6K), and Slovakia ($383.4K). The largest importing market sources from 3 different supplying countries.

The dominant trade corridor is Malaysia → China at $790.6K, representing 83.1% of the importer's total demand.

The volatility score for wool and hair: garnetted stock of wool or of fine or coarse animal hair is 12 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. 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.