Fabrics: knitted or crocheted, other than those of heading 60.01, of a width not exceeding 30 cm, containing by weight 5% or more of elastomeric yarn but not containing rubber thread

In 2024, fabrics: knitted or crocheted, other than those of heading 60.01, of a width not exceeding 30 cm, containing by weight 5% or more of elastomeric yarn but not containing rubber thread trade exhibited significant decline, with global flows reaching $224,887,420 and a three-year compound annual growth rate of -12.6% (five-year: -3.1%). The all-time peak of $535,377,963 was recorded in 2002; the current level is 58% below that high-water mark.

Over the 30-year observation window (1995–2024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-10.3% acceleration).

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.196). The three largest exporters — China ($90.3M), United States ($31.8M), and Germany ($17.6M) — collectively dominate supply flows. The leading exporter has grown at -15.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.039). The three largest import markets are Bangladesh ($20.7M), Honduras ($19.8M), and Vietnam ($18.5M). The largest importing market sources from 10 different supplying countries.

The dominant trade corridor is United States → Honduras at $19.7M, representing 99.5% of the importer's total demand.

The volatility score for fabrics: knitted or crocheted, other than those of heading 60.01, of a width not exceeding 30 cm, containing by weight 5% or more of elastomeric yarn but not containing rubber thread is 11 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. 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.