Jute and other textile bast fibres: raw or retted, but not spun, (excluding flax, hemp (cannabis sativa L.), and ramie)

In 2024, jute and other textile bast fibres: raw or retted, but not spun, (excluding flax, hemp (cannabis sativa l.), and ramie) trade exhibited significant decline, with global flows reaching $108,006,610 and a three-year compound annual growth rate of -19.2% (five-year: -13.4%). The all-time peak of $304,491,416 was recorded in 2011; the current level is 65% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-19.6% acceleration).

The World Trade Flows Characterization classifies jute and other textile bast fibres: raw or retted, but not spun, (excluding flax, hemp (cannabis sativa l.), and ramie) as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.392). The three largest exporters — Bangladesh ($83.7M), India ($20.8M), and Tanzania ($15.6M) — collectively dominate supply flows. The leading exporter has grown at -25.8% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.197). The three largest import markets are India ($37.4M), Nepal ($24.0M), and Nigeria ($11.5M). The largest importing market sources from 8 different supplying countries.

The dominant trade corridor is Bangladesh → India at $37.0M, representing 99.0% of the importer's total demand.

The volatility score for jute and other textile bast fibres: raw or retted, but not spun, (excluding flax, hemp (cannabis sativa l.), and ramie) is 28 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, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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