Machines: for manufacturing or hot working glass or glassware, for making optical fibres and preforms thereof

In 2024, machines: for manufacturing or hot working glass or glassware, for making optical fibres and preforms thereof trade exhibited significant decline, with global flows reaching $55,906,843 and a three-year compound annual growth rate of -5.6% (five-year: -23.3%). The all-time peak of $346,585,306 was recorded in 2018; the current level is 84% below that high-water mark.

Over the 30-year observation window (1995–2024), 41% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (-1.9% acceleration).

The World Trade Flows Characterization classifies machines: for manufacturing or hot working glass or glassware, for making optical fibres and preforms thereof as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.157). The three largest exporters — Finland ($46.8M), Japan ($26.5M), and United States ($22.1M) — collectively dominate supply flows. The leading exporter has grown at -8.9% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.168). The three largest import markets are India ($19.3M), China ($9.7M), and Indonesia ($4.5M). The largest importing market sources from 6 different supplying countries.

Estimated substitution elasticity: -15.47. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is South Korea → India at $10.3M, representing 53.4% of the importer's total demand.

The volatility score for machines: for manufacturing or hot working glass or glassware, for making optical fibres and preforms thereof is 45 out of 100, classified as medium. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

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