Asbestos or mixtures with a basis of asbestos (other than crocidolite): paper, millboard and felt, whether or not reinforced, not goods of heading 6811 or 6813

In 2024, asbestos or mixtures with a basis of asbestos (other than crocidolite): paper, millboard and felt, whether or not reinforced, not goods of heading 6811 or 6813 trade exhibited significant decline, with global flows reaching $2,992,299 and a three-year compound annual growth rate of -18.8% (five-year: -8.4%). The all-time peak of $11,137,650 was recorded in 2008; the current level is 73% below that high-water mark.

Over the 30-year observation window (1995–2024), 34% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-14.6% acceleration).

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.224). The three largest exporters — Italy ($1.4M), Russia ($1.2M), and Finland ($1.1M) — collectively dominate supply flows. The leading exporter has grown at -80.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.062). The three largest import markets are Kazakhstan ($587.6K), Belarus ($176.7K), and Uzbekistan ($165.9K). The largest importing market sources from 15 different supplying countries.

Estimated substitution elasticity: -11.34. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Italy → Malta at $1.2M, representing 100.0% of the importer's total demand.

The volatility score for asbestos or mixtures with a basis of asbestos (other than crocidolite): paper, millboard and felt, whether or not reinforced, not goods of heading 6811 or 6813 is 6 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.