Market movement
In 2024, yarn: textile yarn, strip, and the like of heading no. 5404 or 5405, impregnated, coated, covered, or sheathed with rubber or plastics, n.e.s. in heading no. 5604 trade exhibited modest growth, with global flows reaching $406,039,708 and a three-year compound annual growth rate of +5.7% (five-year: +5.2%). The all-time peak of $691,660,441 was recorded in 1999; the current level is 41% below that high-water mark.
Over the 30-year observation window (1995–2024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+0.2% acceleration).
The World Trade Flows Characterization classifies yarn: textile yarn, strip, and the like of heading no. 5404 or 5405, impregnated, coated, covered, or sheathed with rubber or plastics, n.e.s. in heading no. 5604 as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
