Jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats

In 2024, jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats trade exhibited strong growth, with global flows reaching $2,186,193,536 and a three-year compound annual growth rate of +6.6% (five-year: +4.0%). The all-time peak of $2,186,193,536 was recorded in 2024.

Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+4.0% acceleration).

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.206). The three largest exporters — China ($773.2M), Italy ($589.1M), and France ($120.8M) — collectively dominate supply flows. The leading exporter has grown at +3.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.093). The three largest import markets are United States ($512.2M), France ($225.9M), and Italy ($182.4M). The largest importing market sources from 87 different supplying countries.

Estimated substitution elasticity: -3.61. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is China → United States at $337.7M, representing 65.9% of the importer's total demand.

The volatility score for jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats is 5 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. 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.