Market movement
In 2024, fabrics: woven pile, of man-made fibres, warp pile fabrics, other than fabrics of heading no. 5802 or 5806 trade exhibited strong growth, with global flows reaching $558,235,907 and a three-year compound annual growth rate of +1.6% (five-year: +1.1%). The all-time peak of $777,385,036 was recorded in 2007; the current level is 28% below that high-water mark.
Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+3.6% acceleration).
