Product intelligence · HS 293070 · 2024 data

Organo-sulphur compounds: bis(2-hydroxyethyl)sulfide (thiodiglycol (INN))

Global exports of organo-sulphur compounds: bis(2-hydroxyethyl)sulfide (thiodiglycol (inn)) totalled $3,449,631 in 2024, a +9.7% change from the previous year. Traded by 36 countries across 129 bilateral corridors, with demand from 50 importing markets. The long-term trend is declining.

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

Global trade

$3.4M

+9.7% YoY

3Y / 5Y CAGR

-5.5%

5Y: -2.4%

Supply structure

Concentrated

HHI 0.512

Volatility

Low

Score 7/100

1.

Market movement

In 2024, organo-sulphur compounds: bis(2-hydroxyethyl)sulfide (thiodiglycol (inn)) trade exhibited strong growth, with global flows reaching $3,449,631 and a three-year compound annual growth rate of -5.5% (five-year: -2.4%). The all-time peak of $1,025,324,454 was recorded in 2006; the current level is 100% below that high-water mark.

Over the 30-year observation window (19952024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (+1.1% acceleration).

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.512). The three largest exporters — United States ($26.1M), France ($19.6M), and Israel ($16.8M) — collectively dominate supply flows. The leading exporter has grown at -22.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.145). The three largest import markets are United States ($770.4K), South Korea ($748.2K), and Iran ($583.7K). The largest importing market sources from 3 different supplying countries.

The dominant trade corridor is United States → Japan at $14.2M, representing 18.3% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for organo-sulphur compounds: bis(2-hydroxyethyl)sulfide (thiodiglycol (inn)) is 7 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. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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

Historical evidence

Annual trade value 19952024

Peak: $1,025,324,454 in 2006. Currently 100% below peak.

YearGlobal trade (USD)YoY growth
2015$4,605,025-32.9%
2016$4,432,715-3.7%
2017$6,858,205+54.7%
2018$6,221,487-9.3%
2019$3,894,807-37.4%
2020$2,978,755-23.5%
2021$4,089,338+37.3%
2022$2,903,389-29.0%
2023$3,144,620+8.3%
2024$3,449,631+9.7%

Top exporting countries

Ranked by export value of organo-sulphur compounds: bis(2-hydroxyethyl)sulfide (thiodiglycol (inn)) in 2024.

View all 36 exporters →

Top importing markets

Largest import destinations for organo-sulphur compounds: bis(2-hydroxyethyl)sulfide (thiodiglycol (inn)).

View all 50 markets →

Leading trade corridors

Largest bilateral export flows for organo-sulphur compounds: bis(2-hydroxyethyl)sulfide (thiodiglycol (inn)), ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1United StatesJapan$14.2M-6.1%
2HungaryFrance$9.7M+94.2%
3FranceUnited States$9.6M-6.2%
4SingaporeUnited Kingdom$8.9M+48.6%
5IsraelUnited States$6.7M+22.6%
6SingaporeFrance$4.7M+23.8%
7IrelandUnited States$4.6M+288.3%
8United StatesSingapore$4.5M-12.9%

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.