Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted

In 2024, jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted trade exhibited modest growth, with global flows reaching $25,307,791,598 and a three-year compound annual growth rate of +2.6% (five-year: +1.7%). The all-time peak of $27,061,661,503 was recorded in 2022; the current level is 6% below that high-water mark.

Over the 30-year observation window (1995–2024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+1.4% acceleration).

The World Trade Flows Characterization classifies jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.211). The three largest exporters — China ($11.0B), Bangladesh ($2.4B), and Vietnam ($1.7B) — collectively dominate supply flows. The leading exporter has grown at +4.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.077). The three largest import markets are United States ($5.5B), Japan ($2.2B), and Germany ($2.1B). The largest importing market sources from 115 different supplying countries.

Estimated substitution elasticity: -5.97. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → United States at $2.1B, representing 37.8% of the importer's total demand.

The volatility score for jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted 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, modest but steady demand provides a reasonable entry window. 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.