Market movement
In 2024, fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of artificial fibres, unbleached or bleached trade exhibited strong growth, with global flows reaching $61,388,276 and a three-year compound annual growth rate of +8.3% (five-year: +9.2%). The all-time peak of $82,538,044 was recorded in 2007; the current level is 26% below that high-water mark.
Over the 30-year observation window (1995–2024), 38% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+8.5% acceleration).
