Palmitic and stearic acids imports in the United Kingdom: data, top suppliers and prices
In 2024, the United Kingdom imported palmitic and stearic acids worth $21.9 million (9.8 thousand tonnes). Its share of world imports was 2%. Value rose 31% on 2023. Over 2017-2024 it shrank by about 5% a year on average. The peak in this period was 2017, at $32.0 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 | $21.9M | 9.8K t |
| 2023 | $16.7M | 6.3K t |
| 2022 | $25.1M | 8.7K t |
| 2021 | $20.0M | 8.4K t |
| 2020 | $16.2M | 8.3K t |
| 2019 | $20.2M | 10.1K t |
| 2018 | $22.4M | 11.2K t |
| 2017 | $32.0M | 13.4K t |
Where the United Kingdom imports palmitic and stearic acids from
Most of the value came from Malaysia (33%), Germany (18%), Italy (10%). Among the main suppliers, Sweden grew fastest (+126% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $7.1M | 33% |
| Germany | $4.0M | 18% |
| Italy | $2.1M | 9.6% |
| United States | $2.1M | 9.4% |
| Indonesia | $1.5M | 6.7% |
| Sweden | $1.4M | 6.3% |
| Spain | $865K | 3.9% |
| India | $754K | 3.4% |
| Belgium | $533K | 2.4% |
| China | $370K | 1.7% |
Average import price per kg
The average declared value was about $2.24 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 the United Kingdom
Exports of palmitic and stearic acids by the United Kingdom reached $8.5 million in 2024 (2.9 thousand tonnes). Its share of world exports was 1%. The largest buyer markets were Italy (12%), Belgium (11%), Ireland (11%). Trade is spread widely: the top three buyer markets together make up only 34%. Among the main buyer markets, Belgium grew fastest (+808% on the year before).
| Destination | Value | Share |
|---|---|---|
| Italy | $1.0M | 12% |
| Belgium | $939K | 11% |
| Ireland | $927K | 11% |
| Sweden | $633K | 7.5% |
| Denmark | $486K | 5.8% |
| France | $435K | 5.2% |
| Germany | $379K | 4.5% |
| Saudi Arabia | $359K | 4.3% |
| Egypt | $346K | 4.1% |
| Netherlands | $303K | 3.6% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom palmitic and stearic acids imports (HS 2915.70): companies, dates, quantities and declared values.
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Direct customs feed: shipment-level records from the official customs source.
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 the United Kingdom?
The United Kingdom imported palmitic and stearic acids worth $21.9 million in 2024, the latest year with complete public data, about 9.8 thousand tonnes. That ranks it 22nd of 167 countries worldwide, with 2% of world imports. The value was up 31% on 2023.
Which countries supply palmitic and stearic acids to the United Kingdom?
Malaysia was the largest supplier with 33% of the value ($7.1 million), followed by Germany (18%) and Italy (10%). The top three together account for 60%, out of 28 supplier countries in total. Sweden 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 $2.24 per kg in 2024, 20% 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 the United Kingdom changed since 2017?
Imports went from $32.0 million in 2017 to $21.9 million in 2024, a fall of 32%. The peak was 2017 at $32.0 million. Over 8 years the average was $21.8 million a year.
Does the United Kingdom also export palmitic and stearic acids?
Yes. The United Kingdom exported $8.5 million worth of this product in 2024, mainly to Italy, Belgium and Ireland. On balance the United Kingdom is a net importer of this product, by about $13.5 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?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United Kingdom. Tell us your product to see it live.
Same product, other countries
World palmitic and stearic acids trade: top importers and exporters
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