Machinery: extruding, for rubber or plastics

In 2024, machinery: extruding, for rubber or plastics trade exhibited slight decline, with global flows reaching $3,616,662,359 and a three-year compound annual growth rate of +5.0% (five-year: +5.3%). The all-time peak of $3,683,862,560 was recorded in 2023; the current level is 2% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+2.6% acceleration).

The World Trade Flows Characterization classifies machinery: extruding, for rubber or plastics 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 0.166). The three largest exporters — Germany ($999.8M), China ($919.3M), and Japan ($575.3M) — collectively dominate supply flows. The leading exporter has grown at +0.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.056). The three largest import markets are China ($660.9M), United States ($296.8M), and Mexico ($207.2M). The largest importing market sources from 32 different supplying countries.

Estimated substitution elasticity: -4.89. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Japan → China at $307.7M, representing 46.6% of the importer's total demand.

The volatility score for machinery: extruding, for rubber or plastics 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, 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.