Product intelligence · HS 291020 · 2024 data

Epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide)

Global exports of epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide) totalled $1,685,864,958 in 2024, a -10.3% change from the previous year. Traded by 53 countries across 373 bilateral corridors, with demand from 100 importing markets. The long-term trend is rapid decline.

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

Global trade

$1.7B

-10.3% YoY

3Y / 5Y CAGR

-13.4%

5Y: -4.3%

Supply structure

Diversified

HHI 0.150

Volatility

Low

Score 9/100

1.

Market movement

In 2024, epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide) trade exhibited significant decline, with global flows reaching $1,685,864,958 and a three-year compound annual growth rate of -13.4% (five-year: -4.3%). The all-time peak of $3,463,458,621 was recorded in 2014; the current level is 51% below that high-water mark.

Over the 30-year observation window (19952024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-6.5% acceleration).

The World Trade Flows Characterization classifies epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide) as "One-way trade" in the medium 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 0.150). The three largest exporters — United States ($417.5M), Netherlands ($411.0M), and Belgium ($209.5M) — collectively dominate supply flows. The leading exporter has grown at +7.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.135). The three largest import markets are Netherlands ($385.6M), Belgium ($271.6M), and China ($270.1M). The largest importing market sources from 10 different supplying countries.

Estimated substitution elasticity: -29.06. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Netherlands → Belgium at $203.0M, representing 74.7% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide) is 9 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, 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: $3,463,458,621 in 2014. Currently 51% below peak.

YearGlobal trade (USD)YoY growth
2015$2,344,181,024-32.3%
2016$1,748,921,158-25.4%
2017$1,858,788,749+6.3%
2018$2,106,727,337+13.3%
2019$2,102,837,042-0.2%
2020$1,799,319,427-14.4%
2021$2,595,989,894+44.3%
2022$2,085,220,560-19.7%
2023$1,879,676,938-9.9%
2024$1,685,864,958-10.3%

Top exporting countries

Ranked by export value of epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide) in 2024.

View all 53 exporters →

Top importing markets

Largest import destinations for epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide).

View all 100 markets →

Leading trade corridors

Largest bilateral export flows for epoxides, epoxyalcohols, epoxyphenols and epoxyethers: with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, methyloxirane (propylene oxide), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1NetherlandsBelgium$203.0M-12.0%
2BelgiumNetherlands$137.5M+8.8%
3NetherlandsGermany$131.1M-11.5%
4GermanyNetherlands$107.4M-17.4%
5United StatesChina$97.0M+124.9%
6ThailandChina$96.6M-30.9%
7FranceNetherlands$75.6M+82.0%
8United StatesGermany$69.5M+3.0%

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.