Palmitic and stearic acids imports in Saudi Arabia: data, top suppliers and prices
Imports of palmitic and stearic acids by Saudi Arabia reached $38.0 million in 2024 (17.4 thousand tonnes). Its share of world imports was 3%. That is 21% more than in 2023. Over 2017-2024 the trade grew strongly, by about 16% a year on average. The peak in this period was 2022, at $51.5 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $38.0M | 17.4K t |
| 2023 | $31.4M | 15.2K t |
| 2022 | $51.5M | 20.7K t |
| 2021 | $40.8M | 20.7K t |
| 2020 | $13.3M | 9.7K t |
| 2019 | $11.6M | 8.6K t |
| 2018 | $13.9M | 11.2K t |
| 2017 | $13.3M | 10.7K t |
Where Saudi Arabia imports palmitic and stearic acids from
Most of the value came from Malaysia (27%), Indonesia (19%), China (14%). Among the main suppliers, China grew fastest (+126% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $10.2M | 27% |
| Indonesia | $7.3M | 19% |
| China | $5.4M | 14% |
| India | $3.9M | 10% |
| Singapore | $3.6M | 9.5% |
| Netherlands | $2.8M | 7.5% |
| Denmark | $1.1M | 2.9% |
| South Korea | $828K | 2.2% |
| United States | $741K | 2% |
| Austria | $642K | 1.7% |
Average import price per kg
The average declared value was about $2.18 per kg, close to the world average of $1.87.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Palmitic and stearic acids exports from Saudi Arabia
In 2024, Saudi Arabia exported palmitic and stearic acids worth $1.5 million (686 tonnes). One buyer market dominates: Egypt accounted for 67% of the value. Among the main buyer markets, United Arab Emirates grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Egypt | $1.0M | 67% |
| Argentina | $177K | 12% |
| Kuwait | $160K | 11% |
| United Arab Emirates | $77K | 5.1% |
| Jordan | $36K | 2.4% |
| Mexico | $23K | 1.5% |
| India | $21K | 1.4% |
| Canada | $2K | 0.1% |
| Germany | $0K | 0% |
| Netherlands | $0K | 0% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia palmitic and stearic acids imports (HS 2915.70): companies, dates, quantities and declared values.
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Mirror data: built from the shipment records of the countries that trade with it.
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.
Common questions
What is the value of palmitic and stearic acids imported by Saudi Arabia?
Saudi Arabia imported palmitic and stearic acids worth $38.0 million in 2024, the latest year with complete public data, about 17.4 thousand tonnes. That ranks it 12th of 167 countries worldwide, with 3% of world imports. The value was up 21% on 2023.
Which countries supply palmitic and stearic acids to Saudi Arabia?
Malaysia was the largest supplier with 27% of the value ($10.2 million), followed by Indonesia (19%) and China (14%). The top three together account for 60%, out of 26 supplier countries in total. China grew fastest among the top ten, up 126% on the year.
What is the average import price of palmitic and stearic acids per kg?
The average declared import value was about $2.18 per kg in 2024, 17% above the world average of $1.87 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of palmitic and stearic acids to Saudi Arabia changed since 2017?
Imports went from $13.3 million in 2017 to $38.0 million in 2024, an increase of 185%. The peak was 2022 at $51.5 million. Over 8 years the average was $26.7 million a year.
Does Saudi Arabia also export palmitic and stearic acids?
Yes. Saudi Arabia exported $1.5 million worth of this product in 2024, mainly to Egypt, Argentina and Kuwait. On balance Saudi Arabia is a net importer of this product, by about $36.5 million a year.
What is the HS code for palmitic and stearic acids?
The HS code for palmitic and stearic acids is subheading 2915.70. It sits in HS chapter 29 (organic chemicals). The full list of codes and descriptions is on the HS 2915 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World palmitic and stearic acids trade: top importers and exporters
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