Glass: beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares

In 2024, glass: beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares trade exhibited strong growth, with global flows reaching $1,232,643,376 and a three-year compound annual growth rate of +9.9% (five-year: +6.6%). The all-time peak of $1,756,741,147 was recorded in 2005; the current level is 30% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+9.8% acceleration).

The World Trade Flows Characterization classifies glass: beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.509). The three largest exporters — China ($864.3M), Austria ($129.0M), and Czechia ($90.0M) — collectively dominate supply flows. The leading exporter has grown at +20.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.107). The three largest import markets are India ($356.6M), United Arab Emirates ($117.2M), and United States ($81.3M). The largest importing market sources from 31 different supplying countries.

Estimated substitution elasticity: -7.96. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → India at $333.6M, representing 93.5% of the importer's total demand.

The volatility score for glass: beads, imitation pearls, imitation precious or semi-precious stones and similar glass smallwares 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, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.