Market movement
In 2024, yarn: of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale trade exhibited significant decline, with global flows reaching $2,783,197 and a three-year compound annual growth rate of -17.8% (five-year: -9.2%). The all-time peak of $7,547,265 was recorded in 1999; the current level is 63% below that high-water mark.
Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-11.3% acceleration).
The World Trade Flows Characterization classifies yarn: of coarse animal hair or of horsehair (including gimped horsehair yarn), whether or not put up for retail sale as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.
