Cyclic hydrocarbons: cumene

In 2024, cyclic hydrocarbons: cumene trade exhibited significant decline, with global flows reaching $666,070,413 and a three-year compound annual growth rate of -22.5% (five-year: -8.9%). The all-time peak of $2,090,953,170 was recorded in 2011; the current level is 68% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-11.7% acceleration).

The World Trade Flows Characterization classifies cyclic hydrocarbons: cumene 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 0.326). The three largest exporters — Singapore ($279.6M), Japan ($275.4M), and South Korea ($112.3M) — collectively dominate supply flows. The leading exporter has grown at -16.7% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.640). The three largest import markets are China ($530.4M), India ($33.7M), and Taiwan ($26.4M). The largest importing market sources from 8 different supplying countries.

Estimated substitution elasticity: -116.86. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Singapore → China at $243.1M, representing 45.8% of the importer's total demand.

The volatility score for cyclic hydrocarbons: cumene is 30 out of 100, classified as low. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, contracting demand signals caution before committing resources. 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.