Textile fabrics, rubberised: (excluding those of heading no. 5902 and adhesive tape of a width not exceeding 20cm), knitted or crocheted

In 2024, textile fabrics, rubberised: (excluding those of heading no. 5902 and adhesive tape of a width not exceeding 20cm), knitted or crocheted trade exhibited strong growth, with global flows reaching $121,722,878 and a three-year compound annual growth rate of -4.5% (five-year: +1.4%). The all-time peak of $150,027,311 was recorded in 2022; the current level is 19% 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 decelerating (-3.7% acceleration).

The World Trade Flows Characterization classifies textile fabrics, rubberised: (excluding those of heading no. 5902 and adhesive tape of a width not exceeding 20cm), knitted or crocheted as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.147). The three largest exporters — Germany ($33.6M), China ($29.4M), and Taiwan ($18.4M) — collectively dominate supply flows. The leading exporter has grown at +0.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.034). The three largest import markets are Vietnam ($10.4M), United States ($8.4M), and Brazil ($7.3M). The largest importing market sources from 10 different supplying countries.

Estimated substitution elasticity: -9.35. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Vietnam at $5.4M, representing 51.7% of the importer's total demand.

The volatility score for textile fabrics, rubberised: (excluding those of heading no. 5902 and adhesive tape of a width not exceeding 20cm), knitted or crocheted is 12 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. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.