Jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of wool or fine animal hair

In 2024, jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of wool or fine animal hair trade exhibited modest growth, with global flows reaching $4,546,281,169 and a three-year compound annual growth rate of +4.7% (five-year: +3.1%). The all-time peak of $4,546,281,169 was recorded in 2024.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+3.3% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.137). The three largest exporters — China ($1.2B), Italy ($1.0B), and France ($335.5M) — collectively dominate supply flows. The leading exporter has grown at +1.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.054). The three largest import markets are Germany ($445.1M), France ($437.6M), and United States ($431.6M). The largest importing market sources from 120 different supplying countries.

Estimated substitution elasticity: -3.35. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Italy → France at $160.5M, representing 36.7% of the importer's total demand.

The volatility score for jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of wool or fine animal hair is 3 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 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.