Embroidery: without visible ground, in the piece, in strips or in motifs

In 2024, embroidery: without visible ground, in the piece, in strips or in motifs trade exhibited significant decline, with global flows reaching $137,324,953 and a three-year compound annual growth rate of -1.5% (five-year: -5.2%). The all-time peak of $213,855,290 was recorded in 2017; the current level is 36% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+2.3% acceleration).

The World Trade Flows Characterization classifies embroidery: without visible ground, in the piece, in strips or in motifs as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.286). The three largest exporters — China ($65.4M), India ($35.9M), and France ($5.2M) — collectively dominate supply flows. The leading exporter has grown at +6.0% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.053). The three largest import markets are Italy ($19.1M), Nigeria ($15.0M), and France ($10.6M). The largest importing market sources from 38 different supplying countries.

Estimated substitution elasticity: -5.34. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is India → Italy at $14.2M, representing 74.2% of the importer's total demand.

The volatility score for embroidery: without visible ground, in the piece, in strips or in motifs is 5 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, contracting demand signals caution before committing resources. 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.