Machines: parts, of those for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes and manufacturing or hot working glass or glassware

In 2024, machines: parts, of those for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes and manufacturing or hot working glass or glassware trade exhibited significant decline, with global flows reaching $2,937,257,479 and a three-year compound annual growth rate of -24.9% (five-year: -1.8%). The all-time peak of $6,925,821,259 was recorded in 2021; the current level is 58% 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 decelerating (-25.3% acceleration).

The World Trade Flows Characterization classifies machines: parts, of those for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes and manufacturing or hot working glass or glassware as "Two-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.104). The three largest exporters — Singapore ($609.4M), United States ($347.9M), and Germany ($342.3M) — collectively dominate supply flows. The leading exporter has grown at -29.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.065). The three largest import markets are Singapore ($345.0M), Taiwan ($344.9M), and United States ($344.0M). The largest importing market sources from 35 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 Singapore → Belgium at $192.6M, representing 74.7% of the importer's total demand.

The volatility score for machines: parts, of those for assembling electric or electronic lamps, tubes, valves or flashbulbs, in glass envelopes and manufacturing or hot working glass or glassware is 24 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, contracting demand signals caution before committing resources. 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.