Hooks, eyes and eyelets: of base metal, of a kind used for clothing, footwear, awnings, handbags, travel goods or other made up articles

In 2024, hooks, eyes and eyelets: of base metal, of a kind used for clothing, footwear, awnings, handbags, travel goods or other made up articles trade exhibited modest growth, with global flows reaching $1,205,217,535 and a three-year compound annual growth rate of +3.1% (five-year: +6.2%). The all-time peak of $1,287,876,250 was recorded in 2022; the current level is 6% below that high-water mark.

Over the 30-year observation window (1995–2024), 83% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-0.5% acceleration).

The World Trade Flows Characterization classifies hooks, eyes and eyelets: of base metal, of a kind used for clothing, footwear, awnings, handbags, travel goods or other made up articles 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 0.487). The three largest exporters — China ($835.4M), South Korea ($51.2M), and Hong Kong ($45.9M) — collectively dominate supply flows. The leading exporter has grown at +8.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.041). The three largest import markets are Vietnam ($146.9M), Cambodia ($85.6M), and Indonesia ($66.8M). The largest importing market sources from 49 different supplying countries.

The dominant trade corridor is China → Vietnam at $104.6M, representing 71.2% of the importer's total demand.

The volatility score for hooks, eyes and eyelets: of base metal, of a kind used for clothing, footwear, awnings, handbags, travel goods or other made up articles is 4 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, modest but steady demand provides a reasonable entry window. 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.