Alums

In 2024, alums trade exhibited strong growth, with global flows reaching $28,439,448 and a three-year compound annual growth rate of +0.0% (five-year: +1.6%). The all-time peak of $33,891,737 was recorded in 2015; the current level is 16% 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 (-2.0% acceleration).

The World Trade Flows Characterization classifies alums as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.221). The three largest exporters — Mexico ($11.3M), China ($7.0M), and India ($2.3M) — collectively dominate supply flows. The leading exporter has grown at +22.0% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.102). The three largest import markets are United States ($8.0M), Japan ($1.9M), and Philippines ($1.9M). The largest importing market sources from 21 different supplying countries.

Estimated substitution elasticity: -11.88. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Mexico → United States at $6.6M, representing 81.7% of the importer's total demand.

The volatility score for alums is 3 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. 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.