Twine, cordage, ropes, cables: of synthetic fibres other than polyethylene or polypropylene, whether or not plaited, braided or impregnated, coated, covered or sheathed with rubber or plastics

In 2024, twine, cordage, ropes, cables: of synthetic fibres other than polyethylene or polypropylene, whether or not plaited, braided or impregnated, coated, covered or sheathed with rubber or plastics trade exhibited strong growth, with global flows reaching $1,189,356,459 and a three-year compound annual growth rate of +2.8% (five-year: +5.9%). The all-time peak of $1,189,356,459 was recorded in 2024.

Over the 30-year observation window (1995–2024), 83% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-0.8% acceleration).

The World Trade Flows Characterization classifies twine, cordage, ropes, cables: of synthetic fibres other than polyethylene or polypropylene, whether or not plaited, braided or impregnated, coated, covered or sheathed with rubber or plastics as "Two-way vertical trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.156). The three largest exporters — China ($438.6M), United States ($113.3M), and South Korea ($50.2M) — collectively dominate supply flows. The leading exporter has grown at +2.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.034). The three largest import markets are United States ($148.1M), China ($75.2M), and Mexico ($61.7M). The largest importing market sources from 81 different supplying countries.

Estimated substitution elasticity: -6.32. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → United States at $57.8M, representing 39.0% of the importer's total demand.

The volatility score for twine, cordage, ropes, cables: of synthetic fibres other than polyethylene or polypropylene, whether or not plaited, braided or impregnated, coated, covered or sheathed with rubber or plastics is 4 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.