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

In 2024, fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, of artificial fibres, printed trade exhibited significant decline, with global flows reaching $12,027,351 and a three-year compound annual growth rate of -15.2% (five-year: +0.1%). The all-time peak of $32,437,750 was recorded in 2007; the current level is 63% 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 (-12.4% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.111). The three largest exporters — Austria ($2.6M), China ($2.3M), and Pakistan ($2.0M) — collectively dominate supply flows. The leading exporter has grown at -9.0% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.071). The three largest import markets are Malaysia ($2.2M), Australia ($1.6M), and United States ($755.0K). The largest importing market sources from 4 different supplying countries.

Estimated substitution elasticity: -6.81. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Pakistan → Malaysia at $2.0M, representing 21.0% 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 artificial fibres, printed is 27 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. 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.