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Cyclic alcohols (menthol): top exporters and importers (2024)

In 2024, world trade in cyclic alcohols (menthol) totaled $2.3 billion (450 thousand tonnes). The top exporters were China (32%), India (15%) and Germany (12%); the top importers were the United States (14%), India (10%) and China (9%). Compared with 2019, the value fell 4%.

Summary

World trade
$2.3billion
Tonnes
450thousand tonnes
Price per tonne
$5,171
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$756 million · 32.2%
  2. India$345 million · 14.7%
  3. Germany$281 million · 12%
  4. Japan$157 million · 6.7%
  5. United States$136 million · 5.8%
  6. Saudi Arabia$90 million · 3.8%
  7. Malaysia$77 million · 3.3%
  8. Switzerland$77 million · 3.3%
  9. France$72 million · 3.1%
  10. Netherlands$69 million · 2.9%
    re-exports
  11. Spain$57 million · 2.5%
  12. Brazil$35 million · 1.5%
  13. Singapore$29 million · 1.3%
    re-exports
  14. South Korea$23 million · 1%
  15. Taiwan$16 million · 0.7%
  16. United Kingdom$15 million · 0.65%
  17. Ireland$15 million · 0.64%
  18. Belgium$15 million · 0.62%
    re-exports
  19. Israel$10 million · 0.42%
  20. Italy$9 million · 0.4%

Top importers

  1. United States$318 million · 13.6%
  2. India$246 million · 10.5%
  3. China$213 million · 9.1%
  4. South Korea$159 million · 6.8%
  5. Germany$124 million · 5.3%
  6. Singapore$85 million · 3.6%
    re-exports
  7. France$84 million · 3.6%
  8. Switzerland$74 million · 3.2%
  9. Spain$72 million · 3.1%
  10. Netherlands$72 million · 3.1%
    re-exports
  11. Japan$66 million · 2.8%
  12. Brazil$66 million · 2.8%
  13. United Kingdom$59 million · 2.5%
  14. Mexico$56 million · 2.4%
  15. Belgium$53 million · 2.3%
    re-exports
  16. Indonesia$52 million · 2.2%
  17. Italy$49 million · 2.1%
  18. Thailand$45 million · 1.9%
  19. Ecuador$40 million · 1.7%
  20. Malaysia$33 million · 1.4%

Trend

Who sells it

China has been the top exporter since 2023

Value in USD billions. The five largest exporters in 2024.

  • China 0.76
  • India 0.34
  • Germany 0.28
  • Japan 0.16
  • United States 0.14

Source: CEPII BACI

Show the numbers
Country19952024
China0.10.76
India0.030.34
Germany0.10.28
Japan0.060.16
United States0.10.14

Price

Implied price

The price per tonne rose 14% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $5,171

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$4,527
1996$4,629
1997$4,524
1998$3,366
1999$3,553
2000$2,205
2001$1,899
2002$2,232
2003$1,920
2004$2,017
2005$2,069
2006$2,305
2007$2,822
2008$2,790
2009$2,020
2010$2,733
2011$4,263
2012$4,579
2013$5,356
2014$5,207
2015$3,213
2016$2,913
2017$3,783
2018$6,417
2019$7,048
2020$4,037
2021$4,872
2022$8,805
2023$7,267
2024$5,171

What it includes

  • 2906 · Cyclic alcohols (menthol)

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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