Yarn: articles of yarn, strip or the like of heading no. 5404 and 5405, twine, cordage, rope or cables n.e.s. or included

In 2024, yarn: articles of yarn, strip or the like of heading no. 5404 and 5405, twine, cordage, rope or cables n.e.s. or included trade exhibited modest growth, with global flows reaching $845,108,193 and a three-year compound annual growth rate of +2.0% (five-year: +6.3%). The all-time peak of $875,967,065 was recorded in 2022; the current level is 4% below that high-water mark.

Over the 30-year observation window (1995–2024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.1% acceleration).

The World Trade Flows Characterization classifies yarn: articles of yarn, strip or the like of heading no. 5404 and 5405, twine, cordage, rope or cables n.e.s. or included 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 0.264). The three largest exporters — China ($425.5M), Germany ($41.4M), and United States ($35.0M) — collectively dominate supply flows. The leading exporter has grown at +2.0% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.053). The three largest import markets are United States ($154.6M), Germany ($57.9M), and United Kingdom ($38.4M). The largest importing market sources from 78 different supplying countries.

Estimated substitution elasticity: -2.18. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is China → United States at $85.0M, representing 55.0% of the importer's total demand.

The volatility score for yarn: articles of yarn, strip or the like of heading no. 5404 and 5405, twine, cordage, rope or cables n.e.s. or included is 3 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, modest but steady demand provides a reasonable entry window. 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.