Product intelligence · HS 290529 · 2024 data

Alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols)

Global exports of alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols) totalled $380,231,937 in 2024, a -8.9% change from the previous year. Traded by 80 countries across 1,158 bilateral corridors, with demand from 145 importing markets. The long-term trend is rapid decline.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$380.2M

-8.9% YoY

3Y / 5Y CAGR

-17.8%

5Y: -3.0%

Supply structure

Diversified

HHI 0.146

Volatility

Low

Score 32/100

1.

Market movement

In 2024, alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols) trade exhibited significant decline, with global flows reaching $380,231,937 and a three-year compound annual growth rate of -17.8% (five-year: -3.0%). The all-time peak of $750,978,077 was recorded in 2022; the current level is 49% below that high-water mark.

Over the 30-year observation window (19952024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-14.7% acceleration).

The World Trade Flows Characterization classifies alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols) as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.146). The three largest exporters — China ($97.3M), Japan ($85.5M), and India ($42.1M) — collectively dominate supply flows. The leading exporter has grown at +2.9% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.071). The three largest import markets are China ($51.8M), United States ($48.1M), and Germany ($29.1M). The largest importing market sources from 26 different supplying countries.

Estimated substitution elasticity: -18.85. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Japan → China at $30.2M, representing 58.2% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols) is 32 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 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.

Historical evidence

Annual trade value 19952024

Peak: $750,978,077 in 2022. Currently 49% below peak.

YearGlobal trade (USD)YoY growth
2015$388,615,997-25.3%
2016$376,035,099-3.2%
2017$430,626,403+14.5%
2018$516,953,391+20.0%
2019$443,705,535-14.2%
2020$491,682,157+10.8%
2021$683,918,017+39.1%
2022$750,978,077+9.8%
2023$417,222,995-44.4%
2024$380,231,937-8.9%

Top exporting countries

Ranked by export value of alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols) in 2024.

View all 80 exporters →

Top importing markets

Largest import destinations for alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols).

View all 145 markets →

Leading trade corridors

Largest bilateral export flows for alcohols: acyclic, unsaturated monohydric, (other than acyclic terpene alcohols), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1JapanChina$30.2M-5.3%
2ChinaSouth Korea$24.8M+3.8%
3IndiaUnited States$12.3M+8.8%
4JapanUnited States$12.1M-8.9%
5JapanNetherlands$10.7M+0.4%
6ChinaIndia$9.5M+16.2%
7ChinaGermany$8.5M-4.6%
8ChinaSpain$8.1M+24.2%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.