Palmitic and stearic acids trade by country: top importers, exporters and prices
World trade in palmitic and stearic acids was worth $1.33 billion in 2024, about 713.1 thousand tonnes. That is an increase of 37% since 2017, and up 15% 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 | $1.33B | 713.1K t |
| 2023 | $1.16B | 619.7K t |
| 2022 | $1.56B | 664.9K t |
| 2021 | $1.26B | 669.3K t |
| 2020 | $919.0M | 577.9K t |
| 2019 | $912.8M | 575.6K t |
| 2018 | $925.2M | 566.6K t |
| 2017 | $972.5M | 576.5K t |
Top palmitic and stearic acids exporting countries
Exports are led by Malaysia (24%), Indonesia (21%) and India (8%). 105 countries reported exports, and the top three account for 53%.
| Exporter | Value | Share |
|---|---|---|
| Malaysia | $325.5M | 25% |
| Indonesia | $274.8M | 21% |
| India | $105.4M | 7.9% |
| China | $84.3M | 6.3% |
| Italy | $67.4M | 5.1% |
| United States | $61.5M | 4.6% |
| Singapore | $59.4M | 4.5% |
| Germany | $56.0M | 4.2% |
| Netherlands | $49.6M | 3.7% |
| Spain | $35.0M | 2.6% |
| United Arab Emirates | $34.9M | 2.6% |
| Belgium | $25.4M | 1.9% |
Top importing countries and buyer markets
The United States is the biggest buyer with 10% of world imports, ahead of China and Germany. Demand is spread widely: the top three take 21% across 167 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $126.8M | 9.5% |
| China | $73.9M | 5.6% |
| Germany | $73.0M | 5.5% |
| Canada | $69.9M | 5.3% |
| Japan | $59.5M | 4.5% |
| Malaysia | $59.1M | 4.4% |
| Netherlands | $55.0M | 4.1% |
| India | $51.4M | 3.9% |
| France | $48.2M | 3.6% |
| Nigeria | $45.1M | 3.4% |
| South Africa | $39.7M | 3% |
| Saudi Arabia | $38.0M | 2.9% |
Average price per kg
The world average declared value was about $1.87 per kg in 2024. Among the main exporters, the United States averaged $5.49 per kg and Indonesia $1.22 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 Palmitic and stearic acids (HS 2915.70) 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 2915.70: Acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters. HS 2915 codes.
Common questions
Which countries export the most palmitic and stearic acids?
Malaysia exported $325.5 million in 2024, 24% of the world total, followed by Indonesia (21%) and India (8%). In all, 105 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most palmitic and stearic acids?
The United States imported $126.8 million in 2024, 10% of world imports, ahead of China (6%) and Germany (5%). The top three importers together take 21%. Each country with its own page is linked from the table.
How big is the world trade in palmitic and stearic acids?
It was worth $1.33 billion in 2024, about 713.1 thousand tonnes. That is an increase of 37% since 2017. The peak year was 2022 at $1.56 billion. 105 countries reported exports and 167 reported imports.
What is the average price of palmitic and stearic acids per kg?
The world average declared value was about $1.87 per kg in 2024. Among the main exporters, the United States averaged $5.49 per kg and Indonesia $1.22 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for palmitic and stearic acids?
The HS code for palmitic and stearic acids is subheading 2915.70, 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 2915 page.
How can I find palmitic and stearic acids buyers and suppliers?
EximDataX shows the importers and exporters of palmitic and stearic acids by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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