Degras: residues resulting from the treatment of fatty substances or animal or vegetable waxes

In 2024, degras: residues resulting from the treatment of fatty substances or animal or vegetable waxes trade exhibited strong growth, with global flows reaching $758,934,832 and a three-year compound annual growth rate of +47.1% (five-year: +39.9%). The all-time peak of $758,934,832 was recorded in 2024.

Over the 30-year observation window (1995–2024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+29.0% acceleration).

The World Trade Flows Characterization classifies degras: residues resulting from the treatment of fatty substances or animal or vegetable waxes 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 0.275). The three largest exporters — Indonesia ($358.3M), Malaysia ($179.9M), and Netherlands ($56.9M) — collectively dominate supply flows. The leading exporter has grown at +94.8% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.177). The three largest import markets are Spain ($238.0M), Italy ($160.0M), and Netherlands ($120.0M). The largest importing market sources from 19 different supplying countries.

Estimated substitution elasticity: -3.08. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Indonesia → Spain at $166.3M, representing 69.9% of the importer's total demand.

The volatility score for degras: residues resulting from the treatment of fatty substances or animal or vegetable waxes is 22 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.