Fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, excluding those made from cotton or synthetic or artificial fibres

In 2024, fabrics: warp knit (including those made on galloon knitting machines), other than those of headings 60.01 to 60.04, excluding those made from cotton or synthetic or artificial fibres trade exhibited significant decline, with global flows reaching $290,566,777 and a three-year compound annual growth rate of -2.2% (five-year: -0.4%). The all-time peak of $322,999,230 was recorded in 2022; the current level is 10% below that high-water mark.

Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-4.0% acceleration).

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.188). The three largest exporters — Israel ($112.5M), China ($44.9M), and Italy ($28.7M) — collectively dominate supply flows. The leading exporter has grown at +6.3% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.277). The three largest import markets are United States ($150.0M), Vietnam ($17.4M), and Canada ($15.3M). The largest importing market sources from 30 different supplying countries.

Estimated substitution elasticity: -7.56. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Israel → United States at $100.3M, representing 66.9% 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, excluding those made from cotton or synthetic or artificial fibres 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, 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.