Buyer Market Demand Explorer

Buyer markets for saturated acyclic monocarboxylic acids: formic acid

A reported trade view for HS 291511, with available observations through 2024.

HS6 291511Coverage 1995-2024Updated 2026-08-14
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Largest buyer

Netherlands$31.4M

Buyer markets

197Reported markets

Top market suppliers

29For the largest buyer

Latest global trade

$298.0MYear: 2024

Reported observations

Buyer market evidence

Markets ranked by latest reported import value.

Buyer marketLatest imports5-year growthSuppliersLeading supplier
Netherlands$31.4M+3.8%29Finland
Germany$22.3M+1.9%28Netherlands
Brazil$17.6M+13.7%17China
Belgium$16.9M+6.8%19Germany
Spain$15.5M+7.4%15Germany
Italy$14.5M+3.1%14Germany
India$13.6M+6.9%18China
Turkey$12.9M+1.1%21China
Viet Nam$11.8M+10.7%16China
France$9.5M+4.9%17Germany
Poland$9.1M+9.2%15China
Russia$8.7M+8.5%16China
Japan$7.2M+2.8%11China
Thailand$6.8M+2.4%13China
Denmark$6.2M+3.8%11Netherlands
Republic of Korea$5.9M+2.6%14China
United Kingdom$5.9M+3.3%25Germany
Bangladesh$5.1M+21%17China
USA$5.0M-2.7%16Spain
Pakistan$4.5M-1.9%6China
Norway$3.9M-8.9%5China
Mexico$3.9M+1.9%21USA
Argentina$3.9M-2.6%12USA
Taiwan$3.3M+3.3%12China
Canada$2.8M+6.2%16USA
Austria$2.7M+5.7%17Netherlands
Malaysia$2.7M+6.7%15China
Singapore$2.7M+16.6%18China
Chile$2.1M+9.9%9China
Philippines$2.0M+1.3%16Sweden
Switzerland, Liechtenstein$2.0M-0%18Germany
Saudi Arabia$1.9M-6.1%12China
Sweden$1.8M-4.4%11Finland
Egypt$1.8M+14.9%14China
Colombia$1.7M+13.9%9China

Market reading

Which countries buy saturated acyclic monocarboxylic acids: formic acid?

Netherlands is the largest reported buyer market in this view, with imports of $31.4M.

How to use this view

Start with the leading rows in the first table, then use the chart to compare buyer-market demand and supplier breadth for saturated acyclic monocarboxylic acids: formic acid. The second table adds a related reported comparison.

Coverage extends to 2024. Missing values are shown as not reported.

Further comparison

Buyer market price evidence

Available reported unit-value observations by buyer market.

Buyer marketYearTrade valueUSD per ton
Netherlands2023$50.0M$659.36
Germany2023$29.8M$958.79
Italy2023$23.6M$867.17
Belgium2023$22.7M$793
Turkey2023$20.8M$674.9
Brazil2023$18.4M$782.34
India2023$15.6M$813.19
Spain2023$14.9M$844.99
Poland2023$11.7M$846.25
Norway2023$10.0M$642.89
Viet Nam2023$9.9M$750.41
France2023$9.6M$1,045.7
Denmark2023$9.1M$979.76
USA2023$8.9M$1,221.82
Russia2023$8.8M$602.29
United Kingdom2023$7.8M$1,026.93
Republic of Korea2023$7.2M$702.63
Japan2023$7.2M$747.07
Thailand2023$6.7M$709.17
Argentina2023$6.5M$808.46

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Latest observed year: 2024. Page updated 2026-08-14.

Source and date

Reported merchandise-trade observations for HS6 products. Coverage shown on this page: 1995-2024. Updated 2026-08-14.

Definitions

Trade value is reported in current US dollars. Unit value is trade value divided by reported quantity and is shown per metric ton where available. Growth is an annualized or year-on-year calculation from reported values.

Reading the data

“Not reported” means a value was not available for this view. Values can be revised as reporting is updated. See the methodology for coverage and classification details.