# HS 291570 Saturated Acyclic Monocarboxylic Aci global trade...

Reported global trade in saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters reached $1.3B in 2024, with five-year annual growth of +8.7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $852.5M | -1.2% | +5.6% |
| 2014 | $942.3M | +10.5% | +1.5% |
| 2015 | $851.5M | -9.6% | -0.4% |
| 2016 | $791.7M | -7% | -2.4% |
| 2017 | $925.9M | +16.9% | -0.6% |
| 2018 | $937.3M | +1.2% | +3.3% |
| 2019 | $875.8M | -6.6% | +3.4% |
| 2020 | $862.7M | -1.5% | -2.3% |
| 2021 | $1.2B | +37.1% | +8.1% |
| 2022 | $1.5B | +24.1% | +18.8% |
| 2023 | $1.1B | -22.5% | +9.7% |
| 2024 | $1.3B | +16.6% | +3.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $213.3M | +10.2% | 33 |
| China | $71.5M | +6.7% | 32 |
| Germany | $67.2M | +10.7% | 46 |
| Japan | $64.2M | +12.5% | 21 |
| Canada | $60.1M | +14.7% | 29 |
| Malaysia | $57.0M | +26.9% | 25 |
| Netherlands | $47.1M | +11.4% | 46 |
| France | $46.3M | +9.4% | 34 |
| India | $45.3M | +7.3% | 41 |
| Spain | $36.6M | +12.1% | 34 |
| Mexico | $33.1M | +12.4% | 36 |
| Republic of Korea | $32.6M | +9.2% | 25 |

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