Swimwear: men\'s or boys\', of synthetic fibres, knitted or crocheted

In 2024, swimwear: men\'s or boys\', of synthetic fibres, knitted or crocheted trade exhibited slight decline, with global flows reaching $330,839,984 and a three-year compound annual growth rate of +8.2% (five-year: +1.6%). The all-time peak of $353,661,178 was recorded in 2022; the current level is 6% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+8.3% acceleration).

The World Trade Flows Characterization classifies swimwear: men\'s or boys\', of synthetic fibres, knitted or crocheted as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.209). The three largest exporters — China ($142.7M), Vietnam ($31.9M), and Sri Lanka ($17.4M) — collectively dominate supply flows. The leading exporter has grown at +11.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.045). The three largest import markets are France ($38.0M), United States ($28.6M), and Germany ($22.8M). The largest importing market sources from 79 different supplying countries.

Estimated substitution elasticity: -6.01. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → United States at $13.8M, representing 48.4% of the importer's total demand.

The volatility score for swimwear: men\'s or boys\', of synthetic fibres, knitted or crocheted 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, 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.