Gases: coal, water, producer and similar gases (excluding petroleum and other gaseous hydrocarbons)

In 2024, gases: coal, water, producer and similar gases (excluding petroleum and other gaseous hydrocarbons) trade exhibited significant decline, with global flows reaching $6,398,150 and a three-year compound annual growth rate of -27.8% (five-year: -42.4%). The all-time peak of $101,239,435 was recorded in 2019; the current level is 94% 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 (-16.4% acceleration).

The World Trade Flows Characterization classifies gases: coal, water, producer and similar gases (excluding petroleum and other gaseous hydrocarbons) as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.122). The three largest exporters — Papua New Guinea ($31.0M), Iran ($21.3M), and India ($15.9M) — collectively dominate supply flows. The leading exporter has grown at +1513.9% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.194). The three largest import markets are Italy ($2.3M), Laos ($1.5M), and Malaysia ($390.4K). The largest importing market sources from 8 different supplying countries.

The dominant trade corridor is Papua New Guinea → Brunei at $31.0M, representing 51.6% of the importer's total demand.

The volatility score for gases: coal, water, producer and similar gases (excluding petroleum and other gaseous hydrocarbons) is 69 out of 100, classified as medium. This product exhibits above-average trade variability, making it important to monitor supply chain resilience and price exposure.

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.