# HS 291550 Saturated Acyclic Monocarboxylic Aci global trade...

Reported global trade in saturated acyclic monocarboxylic acids: propionic acid, its salts and esters reached $500.9M in 2024, with five-year annual growth of +0.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $441.3M | +15% | +7.4% |
| 2014 | $433.0M | -1.9% | +4.4% |
| 2015 | $407.4M | -5.9% | +2% |
| 2016 | $403.1M | -1% | -3% |
| 2017 | $427.6M | +6.1% | -0.4% |
| 2018 | $506.2M | +18.4% | +7.5% |
| 2019 | $489.9M | -3.2% | +6.7% |
| 2020 | $484.9M | -1% | +4.3% |
| 2021 | $536.7M | +10.7% | +2% |
| 2022 | $593.3M | +10.6% | +6.6% |
| 2023 | $487.7M | -17.8% | +0.2% |
| 2024 | $500.9M | +2.7% | -2.3% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Netherlands | $55.2M | +0.4% | 42 |
| Mexico | $37.1M | +2.4% | 30 |
| India | $35.9M | +7.2% | 24 |
| Belgium | $35.6M | +1.4% | 22 |
| USA | $30.9M | +4.7% | 24 |
| Switzerland, Liechtenstein | $25.6M | +17.7% | 18 |
| Brazil | $25.0M | +2.3% | 21 |
| France | $20.2M | +10.5% | 26 |
| Germany | $18.2M | -1.8% | 29 |
| Spain | $17.9M | +1.6% | 16 |
| United Kingdom | $15.1M | -3.7% | 26 |
| Italy | $14.8M | -5.3% | 18 |

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