# HS 291512 Saturated Acyclic Monocarboxylic Aci global trade...

Reported global trade in saturated acyclic monocarboxylic acids: salts of formic acids reached $335.8M in 2024, with five-year annual growth of -4.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $325.5M | +4% | +5.5% |
| 2014 | $333.9M | +2.6% | +3.8% |
| 2015 | $275.2M | -17.6% | -4.2% |
| 2016 | $345.4M | +25.5% | +2% |
| 2017 | $415.0M | +20.1% | +7.5% |
| 2018 | $420.8M | +1.4% | +15.2% |
| 2019 | $428.7M | +1.9% | +7.5% |
| 2020 | $235.2M | -45.1% | -17.2% |
| 2021 | $317.9M | +35.2% | -8.9% |
| 2022 | $417.4M | +31.3% | -0.9% |
| 2023 | $342.9M | -17.9% | +13.4% |
| 2024 | $335.8M | -2.1% | +1.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $28.4M | -1.7% | 19 |
| India | $21.2M | -16.7% | 26 |
| Netherlands | $19.5M | +2% | 34 |
| Egypt | $16.4M | +161.1% | 12 |
| Brazil | $16.2M | +13.8% | 13 |
| Italy | $16.1M | -0% | 22 |
| Germany | $14.7M | -0.4% | 26 |
| Norway | $13.9M | -12.7% | 12 |
| France | $13.3M | +6.8% | 19 |
| Denmark | $12.9M | +14.6% | 11 |
| Russia | $12.4M | -6% | 13 |
| Spain | $11.0M | +12.9% | 16 |

_Source: reported merchandise trade data. Updated 2026-08-14._