Moulds: for glass

In 2024, moulds: for glass trade exhibited significant decline, with global flows reaching $562,082,569 and a three-year compound annual growth rate of -2.9% (five-year: -0.3%). The all-time peak of $703,168,873 was recorded in 2022; the current level is 20% below that high-water mark.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-4.1% acceleration).

The World Trade Flows Characterization classifies moulds: for glass 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 0.168). The three largest exporters — China ($180.1M), Croatia ($127.7M), and Italy ($42.2M) — collectively dominate supply flows. The leading exporter has grown at +4.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.039). The three largest import markets are United States ($60.4M), Germany ($34.3M), and Croatia ($33.9M). The largest importing market sources from 36 different supplying countries.

Estimated substitution elasticity: -3.11. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Croatia → United States at $26.7M, representing 44.2% of the importer's total demand.

The volatility score for moulds: for glass is 9 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.