Product intelligence · HS 293214 · 2024 data

Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose

Global exports of heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose totalled $558,612,336 in 2024, a +3.1% change from the previous year. Traded by 92 countries across 1,088 bilateral corridors, with demand from 165 importing markets. The long-term trend is growing.

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

Global trade

$558.6M

+3.1% YoY

3Y / 5Y CAGR

+5.2%

5Y: +8.6%

Supply structure

Concentrated

HHI 0.364

Volatility

Low

Score 22/100

1.

Market movement

In 2024, heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose trade exhibited modest growth, with global flows reaching $558,612,336 and a three-year compound annual growth rate of +5.2% (five-year: +8.6%). The all-time peak of $859,742,917 was recorded in 2022; the current level is 35% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-5.5% acceleration).

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.364). The three largest exporters — China ($287.9M), United States ($172.9M), and Netherlands ($20.5M) — collectively dominate supply flows. The leading exporter has grown at -0.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.064). The three largest import markets are United States ($102.3M), Mexico ($66.2M), and Ireland ($29.3M). The largest importing market sources from 14 different supplying countries.

The dominant trade corridor is China → United States at $99.3M, representing 97.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose is 22 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, modest but steady demand provides a reasonable entry window. 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: $859,742,917 in 2022. Currently 35% below peak.

YearGlobal trade (USD)YoY growth
2015$172,976,840-14.4%
2016$229,109,424+32.5%
2017$283,843,490+23.9%
2018$309,643,779+9.1%
2019$369,799,294+19.4%
2020$358,436,100-3.1%
2021$479,522,132+33.8%
2022$859,742,917+79.3%
2023$541,564,375-37.0%
2024$558,612,336+3.1%

Top exporting countries

Ranked by export value of heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose in 2024.

View all 92 exporters →

Top importing markets

Largest import destinations for heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose.

View all 165 markets →

Leading trade corridors

Largest bilateral export flows for heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ChinaUnited States$99.3M+1.4%
2United StatesMexico$50.8M+21.1%
3United StatesNetherlands$16.3M+14.3%
4ChinaUnited Kingdom$16.1M+0.6%
5United StatesJapan$14.7M+5.7%
6ChinaIndia$14.4M+10.3%
7United StatesIreland$14.0M+33.3%
8United StatesBrazil$13.1M+25.6%

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.