Derivatives of hydrocarbons: salts of perfluorooctane sulphonic acid n.e.c in heading no. 2904, whether or not halogenated

In 2024, derivatives of hydrocarbons: salts of perfluorooctane sulphonic acid n.e.c in heading no. 2904, whether or not halogenated trade exhibited strong growth, with global flows reaching $466,432 and a three-year compound annual growth rate of +21.5% (five-year: +5.5%). The all-time peak of $3,842,653 was recorded in 2008; the current level is 88% below that high-water mark.

Over the 30-year observation window (1995–2024), 34% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+27.8% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.283). The three largest exporters — Algeria ($343.6K), Jordan ($260.9K), and United States ($176.4K) — collectively dominate supply flows. The leading exporter has grown at -27.7% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.556). The three largest import markets are Canada ($344.2K), Syria ($243.4K), and Spain ($60.8K). The largest importing market sources from 3 different supplying countries.

The dominant trade corridor is Algeria → Tunisia at $343.4K, representing 100.0% of the importer's total demand.

The volatility score for derivatives of hydrocarbons: salts of perfluorooctane sulphonic acid n.e.c in heading no. 2904, whether or not halogenated is 52 out of 100, classified as medium. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

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.