Product intelligence · HS 291532 · 2024 data

Acids: saturated acyclic monocarboxylic acids: vinyl acetate

Global exports of acids: saturated acyclic monocarboxylic acids: vinyl acetate totalled $1,563,071,579 in 2024, a -17.8% change from the previous year. Traded by 71 countries across 692 bilateral corridors, with demand from 126 importing markets. The long-term trend is rapid decline.

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

Global trade

$1.6B

-17.8% YoY

3Y / 5Y CAGR

-21.6%

5Y: -1.2%

Supply structure

Moderately concentrated

HHI 0.178

Volatility

Low

Score 35/100

1.

Market movement

In 2024, acids: saturated acyclic monocarboxylic acids: vinyl acetate trade exhibited significant decline, with global flows reaching $1,563,071,579 and a three-year compound annual growth rate of -21.6% (five-year: -1.2%). The all-time peak of $3,398,457,395 was recorded in 2022; the current level is 54% 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 (-17.6% acceleration).

The World Trade Flows Characterization classifies acids: saturated acyclic monocarboxylic acids: vinyl acetate 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 moderately concentrated (Herfindahl-Hirschman Index 0.178). The three largest exporters — United States ($492.0M), Singapore ($343.9M), and Saudi Arabia ($270.1M) — collectively dominate supply flows. The leading exporter has grown at -7.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.088). The three largest import markets are Belgium ($361.2M), India ($168.9M), and China ($124.4M). The largest importing market sources from 12 different supplying countries.

Estimated substitution elasticity: -12.51. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is United States → Belgium at $202.4M, representing 56.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for acids: saturated acyclic monocarboxylic acids: vinyl acetate is 35 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. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $3,398,457,395 in 2022. Currently 54% below peak.

YearGlobal trade (USD)YoY growth
2015$1,729,351,996-26.2%
2016$1,641,231,442-5.1%
2017$1,718,462,951+4.7%
2018$2,077,898,509+20.9%
2019$1,663,804,049-19.9%
2020$1,533,262,073-7.8%
2021$3,245,286,603+111.7%
2022$3,398,457,395+4.7%
2023$1,901,755,357-44.0%
2024$1,563,071,579-17.8%

Top exporting countries

Ranked by export value of acids: saturated acyclic monocarboxylic acids: vinyl acetate in 2024.

View all 71 exporters →

Top importing markets

Largest import destinations for acids: saturated acyclic monocarboxylic acids: vinyl acetate.

View all 126 markets →

Leading trade corridors

Largest bilateral export flows for acids: saturated acyclic monocarboxylic acids: vinyl acetate, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1United StatesBelgium$202.4M-7.2%
2SingaporeIndia$101.4M-12.9%
3United StatesCanada$60.3M-0.0%
4SingaporeChina$58.3M+49.9%
5BelgiumGermany$55.6M-26.1%
6Saudi ArabiaIndia$55.1M-9.4%
7TaiwanChina$52.9M-46.5%
8United StatesMexico$44.7M-19.4%

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

Go deeper

Get the full intelligence picture

Interactive charts, AI-powered opportunity scoring, competitor benchmarking, and real-time alerts for acids: saturated acyclic monocarboxylic acids: vinyl acetate. Free to start — no credit card required.

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.