Acids: unsaturated acyclic monocarboxylic acids: methacrylic acid and its salts

In 2024, acids: unsaturated acyclic monocarboxylic acids: methacrylic acid and its salts trade exhibited strong growth, with global flows reaching $305,249,334 and a three-year compound annual growth rate of -9.6% (five-year: +0.6%). The all-time peak of $413,235,072 was recorded in 2021; the current level is 26% below that high-water mark.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-9.8% acceleration).

The World Trade Flows Characterization classifies acids: unsaturated acyclic monocarboxylic acids: methacrylic acid and its salts as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.151). The three largest exporters — South Korea ($74.5M), Germany ($59.2M), and China ($51.3M) — collectively dominate supply flows. The leading exporter has grown at -3.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.064). The three largest import markets are France ($36.5M), India ($34.6M), and United States ($26.8M). The largest importing market sources from 16 different supplying countries.

Estimated substitution elasticity: -11.49. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Germany → France at $25.3M, representing 69.5% of the importer's total demand.

The volatility score for acids: unsaturated acyclic monocarboxylic acids: methacrylic acid and its salts is 10 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, strong demand tailwinds create a favourable entry environment. 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.