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T13 · Trade opportunity evidence

Belgium (BEL) to Equatorial Guinea (GNQ) acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters (HS6 291570)

A country-to-country view of reported acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters trade, combining buyer demand, exporter position, market structure, access conditions, and observed lane history.

Exporter Belgium (BEL)Importer Equatorial Guinea (GNQ)HS6 291570One-way tradeCoverage 2010-2015Declining
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3-year buyer projection

$1.1KCalculated from reported demand

Exporter growth

-14.2%Full available history

Suppliers in market

1Latest reported count

Observed history

6 yearsLast year: 2015

Reported observations

What this acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters lane shows for HS 291570

Core values for Belgium (BEL) → Equatorial Guinea (GNQ) in HS 291570.

Buyer market

Latest imports$573.0
Five-year projection$1.7K
Buyer CAGR+24.4%
Latest annual change-76.5%

Exporter position

Latest exports$6.2
Market share0%
Share change-47.3 pp
Best observed share100%

Market structure

Reported suppliers1
Concentration index10,000
Share gap+100 pp
SignalDeclining

Detailed evidence

Complete lane evidence

Reported values, calculated indicators, and country-pair context for this route.

MeasureValueWhat it describes
Buyer imports$573.0Equatorial Guinea (GNQ)'s latest reported imports
Exporter exports$6.2Belgium (BEL)'s exports to Equatorial Guinea (GNQ)
Exporter market share0%Exporter share of the reported buyer market
Buyer five-year CAGR+24.4%Annualized change in buyer imports
Exporter full-history CAGR-14.2%Annualized change in exporter exports
Three-year buyer projection$1.1KCalculated projection from reported demand
Five-year buyer projection$1.7KCalculated projection from reported demand
Average buyer imports$3.2KAverage reported importer value
Peak buyer imports$55.5KHighest reported importer value
Average exporter exports$24.7Average reported lane exports
Peak exporter exports$61.6Highest reported lane exports
Share change-47.3 ppLatest one-year change in exporter share
Reported suppliers1Supplier countries observed in the latest period
Buyer GDP$12.3BLatest buyer-country GDP estimate
Buyer GDP per person$8.5KLatest buyer-country GDP per person
Buyer population1,449.9 thousandLatest buyer-country population estimate
Buyer investment rate29.1%Reported buyer-country investment rate
Buyer secondary education76.7%Reported secondary education coverage
Distance5,257 kmApproximate country-pair distance
Business entry time33 daysReported days to start a business
Shared legal systemYesCountry-pair institutional relationship
Reported FTANoReported trade-agreement indicator
WTO memberNoBuyer-country WTO membership indicator
Lane volatility0.8Variation indicator across observed lane values
Maximum drawdown91.7%Largest observed decline from a prior peak
Observed history6 yearsCoverage through 2015

Research reading

Acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters demand and the Belgium (BEL) to Equatorial Guinea (GNQ) lane

Equatorial Guinea (GNQ) reported $573.0 of acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters imports in 2015. Belgium (BEL) accounted for 0% of the observed market and reported $6.2 in exports on this lane.

The latest annual values eased slightly, while the longer available history shows +24.4% buyer growth and -14.2% exporter growth. The page separates reported values from projections and indicators.

Product classification

What does HS 291570 include?

HS 291570 covers Acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters. This page studies the six-digit Harmonized System classification rather than a company, brand, retail category, or individual shipment.

The classification sits in HS chapter 29 and heading 2915. The recorded trade type is one-way trade, with a unclassified classification in the available product reference data.

How to interpret this page

Compare demand, position, and history together

This HS 291570 trade opportunity page brings together the buyer market in Equatorial Guinea (GNQ), the exporter position of Belgium (BEL), and the observed conditions of their trade lane. A large buyer market does not by itself show that every exporter has equal access, and a positive growth rate does not remove the need to examine volatility and historical coverage.

Use the reported imports and exports to understand scale, market share to understand position, projections to understand the calculated forward view, and lane history to understand how much evidence supports the comparison.

Frequently asked questions

Questions about Belgium (BEL) to Equatorial Guinea (GNQ) acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters trade

What is the HS code for this product?

This page covers HS 291570, the six-digit product classification shown in the trade records.

How large is the Equatorial Guinea (GNQ) market?

The page reports the latest buyer imports, historical averages, peaks, growth, and calculated projections for acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters.

How strong is Belgium (BEL) in this market?

Exporter performance is shown through lane exports, market share, share change, growth, and the number of reported suppliers.

What should be checked before entering this market?

Review market scale, competition, access indicators, volatility, drawdown, and the available history together rather than relying on one signal.

Continue your researchHS 291570 product overviewExplore this product in the workspaceMethodology and definitions

Definitions and coverage

How to read this page

Reported values

Trade values describe reported merchandise trade for the stated HS6 classification. They are not company-level sales or shipment records.

Calculated indicators

Growth, projections, concentration, volatility, and share-gap figures are calculated from the reported observations and should be interpreted with their coverage period.

Coverage

This sample covers 6 observed years through 2015. Missing values are shown as not reported rather than estimated.

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Compare this product across markets and routes

Use the trade data and methodology pages to study other exporters, importers, and HS6 products.