Market movement
In 2024, phenol or phenol-alcohol derivatives, sulphonated, nitrated or nitrosated derivatives thereof: 4,6-dinitro-o-cresol (dnoc (iso)) and its salts trade exhibited strong growth, with global flows reaching $123,759 and a three-year compound annual growth rate of +9.8% (five-year: +14.9%). The all-time peak of $1,145,103 was recorded in 1999; the current level is 89% below that high-water mark.
Over the 30-year observation window (1995–2024), 38% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+10.8% acceleration).
