Yarn: of wool or of fine animal hair, containing 85% or more by weight of wool or fine animal hair, put up for retail sale

In 2024, yarn: of wool or of fine animal hair, containing 85% or more by weight of wool or fine animal hair, put up for retail sale trade exhibited modest growth, with global flows reaching $208,562,256 and a three-year compound annual growth rate of -4.9% (five-year: +7.1%). The all-time peak of $255,834,420 was recorded in 2014; the current level is 18% below that high-water mark.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-2.9% acceleration).

The World Trade Flows Characterization classifies yarn: of wool or of fine animal hair, containing 85% or more by weight of wool or fine animal hair, put up for retail sale as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.100). The three largest exporters — Italy ($41.4M), Peru ($38.0M), and Norway ($19.8M) — collectively dominate supply flows. The leading exporter has grown at -2.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.075). The three largest import markets are United States ($32.9M), Germany ($24.6M), and Norway ($22.0M). The largest importing market sources from 48 different supplying countries.

Estimated substitution elasticity: -20.64. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Peru → United States at $19.3M, representing 58.7% of the importer's total demand.

The volatility score for yarn: of wool or of fine animal hair, containing 85% or more by weight of wool or fine animal hair, put up for retail sale is 3 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, modest but steady demand provides a reasonable entry window. 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.