Ornamental trimmings: tassels, pompons and similar articles: ornamental trimmings in the piece, without embroidery, other than knitted or crocheted

In 2024, ornamental trimmings: tassels, pompons and similar articles: ornamental trimmings in the piece, without embroidery, other than knitted or crocheted trade exhibited strong growth, with global flows reaching $262,648,704 and a three-year compound annual growth rate of -0.4% (five-year: +0.7%). The all-time peak of $298,487,596 was recorded in 2008; the current level is 12% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+0.4% acceleration).

The World Trade Flows Characterization classifies ornamental trimmings: tassels, pompons and similar articles: ornamental trimmings in the piece, without embroidery, other than knitted or crocheted 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 0.219). The three largest exporters — China ($117.6M), South Korea ($19.4M), and France ($13.5M) — collectively dominate supply flows. The leading exporter has grown at +2.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.097). The three largest import markets are Vietnam ($74.0M), United States ($25.1M), and France ($9.4M). The largest importing market sources from 41 different supplying countries.

The dominant trade corridor is China → Vietnam at $37.3M, representing 50.4% of the importer's total demand.

The volatility score for ornamental trimmings: tassels, pompons and similar articles: ornamental trimmings in the piece, without embroidery, other than knitted or crocheted 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, 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.