Yarn: of coir

In 2024, yarn: of coir trade exhibited strong growth, with global flows reaching $5,616,841 and a three-year compound annual growth rate of -13.6% (five-year: -7.5%). The all-time peak of $17,542,144 was recorded in 1998; the current level is 68% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-6.4% acceleration).

The World Trade Flows Characterization classifies yarn: of coir as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.256). The three largest exporters — Greece ($3.1M), India ($3.1M), and China ($2.8M) — collectively dominate supply flows. The leading exporter has grown at -53.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.067). The three largest import markets are Netherlands ($785.3K), Germany ($674.8K), and Portugal ($586.7K). The largest importing market sources from 24 different supplying countries.

Estimated substitution elasticity: -26.21. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Greece → Italy at $3.0M, representing 77.5% of the importer's total demand.

The volatility score for yarn: of coir is 41 out of 100, classified as medium. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, strong demand tailwinds create a favourable entry environment. 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.