Machines: for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting

In 2024, machines: for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting trade exhibited strong growth, with global flows reaching $1,099,396,553 and a three-year compound annual growth rate of +7.5% (five-year: +6.2%). The all-time peak of $1,295,239,323 was recorded in 2006; the current level is 15% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+6.6% acceleration).

The World Trade Flows Characterization classifies machines: for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting 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 0.444). The three largest exporters — China ($717.0M), Japan ($127.7M), and Germany ($60.0M) — 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 0.133). The three largest import markets are India ($358.8M), United States ($114.3M), and Pakistan ($99.0M). The largest importing market sources from 26 different supplying countries.

The dominant trade corridor is China → India at $315.3M, representing 87.9% of the importer's total demand.

The volatility score for machines: for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting is 5 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.