All ProductsLactic acid, its salts and esters

Lactic acid, its salts and esters

HS-Code 291811
Country:
Top Exporter· 2024
Top Importer· 2024
Top Producer· 2024
N/A
Export Value· 2024
$0.79B
Import Value· 2024
$0.75B
Production Volume· 2024
N/A

Supply Chain Analysis

73 entities · 2024 · exports

Source Countries

73

Trade Value

$0.79BUSD

Total Quantity

421.53MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak
China

China

108,325,412 Kg 4 shipments $1.31/unit

$0.14B

17.91% share

44.28%
Thailand

Thailand

117,153,640 Kg 2 shipments $1.09/unit

$0.13B

16.14% share

50.39%
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European Union

43,972,978 Kg 4 shipments $2.79/unit

$0.12B

15.45% share

37.28%
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Market Concentration
Concentrated
Top 5 players67.77%
Top 10 players91.24%

Few dominant players — high dependency risk.

Share Split

Top 5 — 67.77%
Others — 32.2%

Top Exporting Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
17.91%$0.14B+11.27%+15.82%🐢 Slowing
2
16.14%$0.13B-0.79%+64.95%⚠ Momentum Lost
3
European Union
15.45%$0.12B+25.45%-39.41%🔄 Recovering
4
9.14%$0.07B+28.21%+11.39%🚀 Breakout
5
9.13%$0.07B+3.98%+13.11%🐢 Slowing

Top Importing Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
11.17%$0.08B+35.17%+3.68%🚀 Breakout
2
9.99%$0.07B+16.14%+220.58%🐢 Slowing
3
7.58%$0.06B+3.66%+16.00%🐢 Slowing
4
6.04%$0.05B+12.68%+46.68%🐢 Slowing
5
Korea, Rep.
5.44%$0.04B-27.34%-15.36%📉 Sustained Drop

Value vs YoY Growth

Bubble size = market share · Right + Up = high value, high growth

Suppliers
Buyers

Demand Market Analysis

124 entities · 2024 · imports

Buyer Countries

124

Trade Value

$0.75BUSD

Total Quantity

232.69MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak

United States

25,218,739 Kg 2 shipments $3.3/unit

$0.08B

11.17% share

125.79%

Spain

73,214 Kg 2 shipments $1017.55/unit

$0.07B

9.99% share

20.24%
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Germany

25,231,508 Kg 2 shipments $2.24/unit

$0.06B

7.58% share

48.89%
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Market Concentration
Moderate
Top 5 players40.23%
Top 10 players61.05%

Balanced market — moderate negotiation leverage.

Share Split

Top 5 — 40.23%
Others — 59.8%

Global Trade Map

Exports + Imports by country (hover for details)

Color = Export + Import
Higher trade = darker

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