Nickel: cloth, grill and netting, of nickel wire

In 2024, nickel: cloth, grill and netting, of nickel wire trade exhibited strong growth, with global flows reaching $64,655,933 and a three-year compound annual growth rate of -1.1% (five-year: +6.5%). The all-time peak of $66,766,455 was recorded in 2021; the current level is 3% below that high-water mark.

Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-2.5% acceleration).

The World Trade Flows Characterization classifies nickel: cloth, grill and netting, of nickel wire as "One-way 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 0.117). The three largest exporters — South Korea ($12.8M), United States ($11.4M), and China ($11.0M) — collectively dominate supply flows. The leading exporter has grown at -14.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.103). The three largest import markets are China ($12.4M), United States ($11.7M), and Mexico ($6.6M). The largest importing market sources from 18 different supplying countries.

The dominant trade corridor is South Korea → China at $7.6M, representing 61.7% of the importer's total demand.

The volatility score for nickel: cloth, grill and netting, of nickel wire 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, 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 "High" based on reporting coverage and consistency across OECD member and partner countries.