Glass fibres: woven fabrics (other than of rovings), of a width exceeding 30cm, plain weave, weighing less than 250g/m2, of filaments measuring per single yarn not more than 136 tex

In 2021, glass fibres: woven fabrics (other than of rovings), of a width exceeding 30cm, plain weave, weighing less than 250g/m2, of filaments measuring per single yarn not more than 136 tex trade exhibited strong growth, with global flows reaching $834,790,540 and a three-year compound annual growth rate of +4.3% (five-year: +4.3%). The all-time peak of $834,790,540 was recorded in 2021.

Over the 27-year observation window (1995–2021), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+3.5% acceleration).

The World Trade Flows Characterization classifies glass fibres: woven fabrics (other than of rovings), of a width exceeding 30cm, plain weave, weighing less than 250g/m2, of filaments measuring per single yarn not more than 136 tex as "Two-way vertical trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.116). The three largest exporters — Japan ($173.7M), Taiwan ($161.7M), and China ($116.4M) — collectively dominate supply flows. The leading exporter has grown at +11.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.075). The three largest import markets are South Korea ($128.0M), China ($118.4M), and Japan ($86.0M). The largest importing market sources from 17 different supplying countries.

Estimated substitution elasticity: -13.55. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Japan → South Korea at $95.4M, representing 74.5% of the importer's total demand.

The volatility score for glass fibres: woven fabrics (other than of rovings), of a width exceeding 30cm, plain weave, weighing less than 250g/m2, of filaments measuring per single yarn not more than 136 tex is 8 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 diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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