Formic acid
HS-Code 291511Supply Chain Analysis
58 entities · 2024 · exports
Source Countries
Trade Value
Total Quantity
Avg per Entity
Top 5 Concentration
Value Distribution (Top 5)
Efficiency Quadrant — Unit Price vs Order Value
Premium · Volume Player · Niche · Weak
China
$0.13B
51.68% share
Netherlands
$0.04B
16.39% share
European Union
$0.03B
14.07% share
Few dominant players — high dependency risk.
Share Split
Top Exporting Countries
| # | Country | Share | Value | 1Y Growth | 3Y Growth | Signal |
|---|---|---|---|---|---|---|
| 1 | 51.68% | $0.13B | -25.06% | -3.88% | 📉 Sustained Drop | |
| 2 | 16.39% | $0.04B | -18.86% | +58.52% | ⚠ Momentum Lost | |
| 3 | European Union | 14.07% | $0.03B | +20.24% | +12.19% | 📈 Accelerating |
| 4 | 7.01% | $0.02B | -11.52% | -12.97% | 📉 Sustained Drop | |
| 5 | 2.89% | $0.01B | -30.25% | -15.89% | 📉 Sustained Drop |
Top Importing Countries
| # | Country | Share | Value | 1Y Growth | 3Y Growth | Signal |
|---|---|---|---|---|---|---|
| 1 | 14.09% | $0.04B | -15.44% | +4.09% | ⚠ Momentum Lost | |
| 2 | 7.37% | $0.02B | -23.71% | +9.97% | ⚠ Momentum Lost | |
| 3 | 6.43% | $0.02B | +12.81% | +1.40% | 🚀 Breakout | |
| 4 | 6.32% | $0.02B | -17.54% | -11.01% | 📉 Sustained Drop | |
| 5 | 6.09% | $0.02B | -7.54% | -0.07% | 📉 Sustained Drop |
Value vs YoY Growth
Bubble size = market share · Right + Up = high value, high growth
Demand Market Analysis
118 entities · 2024 · imports
Buyer Countries
Trade Value
Total Quantity
Avg per Entity
Top 5 Concentration
Value Distribution (Top 5)
Efficiency Quadrant — Unit Price vs Order Value
Premium · Volume Player · Niche · Weak
Netherlands
$0.04B
14.09% share
Germany
$0.02B
7.37% share
Brazil
$0.02B
6.43% share
Balanced market — moderate negotiation leverage.
Share Split
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