Fabrics, woven: of synthetic filament yarn, printed, n.e.c. in heading no. 5407

In 2024, fabrics, woven: of synthetic filament yarn, printed, n.e.c. in heading no. 5407 trade exhibited strong growth, with global flows reaching $118,176,512 and a three-year compound annual growth rate of -5.3% (five-year: -4.0%). The all-time peak of $146,584,278 was recorded in 2013; the current level is 19% below that high-water mark.

Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-4.4% acceleration).

The World Trade Flows Characterization classifies fabrics, woven: of synthetic filament yarn, printed, n.e.c. in heading no. 5407 as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.154). The three largest exporters — China ($39.4M), Türkiye ($15.2M), and United States ($14.5M) — collectively dominate supply flows. The leading exporter has grown at -5.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.046). The three largest import markets are Vietnam ($13.9M), Mexico ($13.8M), and Iraq ($7.9M). The largest importing market sources from 19 different supplying countries.

Estimated substitution elasticity: -6.52. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is United States → Mexico at $13.4M, representing 97.2% of the importer's total demand.

The volatility score for fabrics, woven: of synthetic filament yarn, printed, n.e.c. in heading no. 5407 is 6 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, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

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