Fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, of synthetic fibres, dyed

In 2024, fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, of synthetic fibres, dyed trade exhibited strong growth, with global flows reaching $1,769,227,552 and a three-year compound annual growth rate of +0.1% (five-year: +2.3%). The all-time peak of $1,828,046,523 was recorded in 2022; the current level is 3% below that high-water mark.

Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-0.6% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.282). The three largest exporters — China ($903.2M), South Korea ($182.5M), and Japan ($100.1M) — collectively dominate supply flows. The leading exporter has grown at +1.9% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.054). The three largest import markets are Vietnam ($323.6M), Mexico ($112.4M), and Indonesia ($110.2M). The largest importing market sources from 35 different supplying countries.

The dominant trade corridor is China → Vietnam at $202.6M, representing 62.6% of the importer's total demand.

The volatility score for fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, of synthetic fibres, dyed is 4 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 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.