Fabrics: knitted or crocheted, other than those of heading 60.01, of a width exceeding 30 cm, containing by weight 5% or more of elastomeric yarn or rubber thread,

In 2024, fabrics: knitted or crocheted, other than those of heading 60.01, of a width exceeding 30 cm, containing by weight 5% or more of elastomeric yarn or rubber thread, trade exhibited modest growth, with global flows reaching $613,047,334 and a three-year compound annual growth rate of -8.8% (five-year: -7.1%). The all-time peak of $1,013,308,472 was recorded in 2018; the current level is 40% 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 decelerating (-6.6% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.262). The three largest exporters — China ($253.5M), Vietnam ($177.6M), and South Korea ($36.0M) — collectively dominate supply flows. The leading exporter has grown at -3.5% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.206). The three largest import markets are Cambodia ($236.4M), Vietnam ($131.2M), and Sri Lanka ($42.4M). The largest importing market sources from 25 different supplying countries.

Estimated substitution elasticity: -4.64. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Vietnam → Cambodia at $169.3M, representing 71.6% of the importer's total demand.

The volatility score for fabrics: knitted or crocheted, other than those of heading 60.01, of a width exceeding 30 cm, containing by weight 5% or more of elastomeric yarn or rubber thread, 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, modest but steady demand provides a reasonable entry window. 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.