Octanol trade by country: top importers, exporters and prices
World trade in octanol was worth $1.66 billion in 2024, about 1.20 million tonnes. That is an increase of 34% since 2017, and up 7% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.66B | 1.20M t |
| 2023 | $1.55B | 1.09M t |
| 2022 | $1.75B | 973.5K t |
| 2021 | $1.97B | 1.13M t |
| 2020 | $1.06B | 1.14M t |
| 2019 | $1.23B | 1.09M t |
| 2018 | $1.39B | 1.09M t |
| 2017 | $1.24B | 1.12M t |
Top octanol exporting countries
Exports are led by the United States (13%), South Korea (10%) and Taiwan (10%). 60 countries reported exports, and the top three account for 33%.
| Exporter | Value | Share |
|---|---|---|
| United States | $221.4M | 13% |
| South Korea | $163.7M | 9.8% |
| Taiwan | $162.6M | 9.8% |
| Indonesia | $157.4M | 9.5% |
| Saudi Arabia | $154.8M | 9.3% |
| Germany | $152.5M | 9.2% |
| Netherlands | $139.1M | 8.4% |
| China | $128.4M | 7.7% |
| France | $73.7M | 4.4% |
| Sweden | $72.8M | 4.4% |
| Poland | $64.0M | 3.9% |
| Romania | $44.6M | 2.7% |
Top importing countries and buyer markets
China is the biggest buyer with 25% of world imports, ahead of Turkey and India. Demand is spread widely: the top three take 45% across 121 importing countries.
| Importer | Value | Share |
|---|---|---|
| China | $409.4M | 25% |
| Turkey | $213.2M | 13% |
| India | $122.4M | 7.4% |
| United States | $85.6M | 5.2% |
| Mexico | $59.2M | 3.6% |
| Belgium | $58.5M | 3.5% |
| Italy | $57.3M | 3.4% |
| Vietnam | $53.2M | 3.2% |
| Pakistan | $49.4M | 3% |
| France | $47.9M | 2.9% |
| Brazil | $44.8M | 2.7% |
| South Korea | $44.6M | 2.7% |
Average price per kg
The world average declared value was about $1.39 per kg in 2024. Among the main exporters, the Netherlands averaged $1.99 per kg and South Korea $1.21 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Octanol (HS 2905.16) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2905.16: Alcohols: saturated monohydric, octanol (octyl alcohol) and isomers thereof. HS 2905 codes.
Common questions
Which countries export the most octanol?
The United States exported $221.4 million in 2024, 13% of the world total, followed by South Korea (10%) and Taiwan (10%). In all, 60 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most octanol?
China imported $409.4 million in 2024, 25% of world imports, ahead of Turkey (13%) and India (7%). The top three importers together take 45%. Each country with its own page is linked from the table.
How big is the world trade in octanol?
It was worth $1.66 billion in 2024, about 1.20 million tonnes. That is an increase of 34% since 2017. The peak year was 2021 at $1.97 billion. 60 countries reported exports and 121 reported imports.
What is the average price of octanol per kg?
The world average declared value was about $1.39 per kg in 2024. Among the main exporters, the Netherlands averaged $1.99 per kg and South Korea $1.21 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for octanol?
The HS code for octanol is subheading 2905.16, in chapter 29 (organic chemicals). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 2905 page.
How can I find octanol buyers and suppliers?
EximDataX shows the importers and exporters of octanol by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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