Market movement
In 2024, textile wicks, woven, plaited or knitted: for lamps, stoves, lighters, candles or the like: incandescent gas mantles and tubular knitted gas mantle fabric therefor, whether or not impregnated trade exhibited significant decline, with global flows reaching $47,298,274 and a three-year compound annual growth rate of -7.7% (five-year: +2.3%). The all-time peak of $60,130,715 was recorded in 2021; the current level is 21% below that high-water mark.
Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-6.9% acceleration).
The World Trade Flows Characterization classifies textile wicks, woven, plaited or knitted: for lamps, stoves, lighters, candles or the like: incandescent gas mantles and tubular knitted gas mantle fabric therefor, whether or not impregnated as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
