Market movement
In 2024, fabrics, woven: of coarse animal hair or of horsehair trade exhibited significant decline, with global flows reaching $8,005,353 and a three-year compound annual growth rate of +0.3% (five-year: -16.4%). The all-time peak of $28,630,289 was recorded in 2007; the current level is 72% 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 strengthening (+9.0% acceleration).
The World Trade Flows Characterization classifies fabrics, woven: of coarse animal hair or of horsehair as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
