Shawls, scarves, mufflers, mantillas, veils and the like: of textile materials n.e.c. in heading no. 6214 (not knitted or crocheted)

In 2024, shawls, scarves, mufflers, mantillas, veils and the like: of textile materials n.e.c. in heading no. 6214 (not knitted or crocheted) trade exhibited significant decline, with global flows reaching $342,764,519 and a three-year compound annual growth rate of -7.4% (five-year: -7.1%). The all-time peak of $938,895,952 was recorded in 2013; the current level is 63% below that high-water mark.

Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (+1.7% acceleration).

The World Trade Flows Characterization classifies shawls, scarves, mufflers, mantillas, veils and the like: of textile materials n.e.c. in heading no. 6214 (not 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 0.191). The three largest exporters — China ($105.0M), India ($97.8M), and Italy ($38.4M) — collectively dominate supply flows. The leading exporter has grown at -2.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.040). The three largest import markets are France ($34.5M), United States ($26.5M), and United Arab Emirates ($26.0M). The largest importing market sources from 126 different supplying countries.

Estimated substitution elasticity: -1.51. Buyers tend to remain with established suppliers even when price differences exist.

The dominant trade corridor is China → Saudi Arabia at $19.3M, representing 74.4% of the importer's total demand.

The volatility score for shawls, scarves, mufflers, mantillas, veils and the like: of textile materials n.e.c. in heading no. 6214 (not knitted or crocheted) is 7 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.