HS Code:
1-(4-Chlorophenyl)-4,4-dimethylpentan-3-one, commonly referred to as Alkylketone (CAS No. 66346-01-8), falls under the Harmonized System (HS) subheading 2914.79.40, which covers other halogenated, sulfonated, nitrated, or nitrosated derivatives of ketones and quinones. This chemical compound is primarily used as an intermediate in the synthesis of pharmaceuticals, agrochemicals, and specialty chemicals. Its unique structure, featuring a chlorophenyl group and a ketone functionality, makes it valuable in organic synthesis for developing active ingredients with specific properties. The global trade of this product is niche but significant in the chemical and pharmaceutical industries, driven by demand for high-purity intermediates in drug manufacturing and crop protection solutions.
Total Trade Volume
Approximately $25 million USD
Data from 2022
Source
Estimated data based on UN Comtrade and industry reports
$10 million USD
40% of total trade of total trade
Increasing
$6 million USD
24% of total trade of total trade
Increasing
$4 million USD
16% of total trade of total trade
Stable
$3 million USD
12% of total trade of total trade
Stable
$2 million USD
8% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
10% (imposed by certain developing countries with protective policies for local chemical industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand for pharmaceutical intermediates
Increased trade volume as global pharmaceutical production ramps up, particularly for generic drugs and specialty medications
2021-2022
Shift towards sustainable chemical synthesis
Moderate impact on trade as manufacturers seek greener production methods, potentially increasing costs and affecting pricing structures
2022
Supply chain disruptions due to geopolitical tensions
Temporary shortages and price volatility in key markets, prompting diversification of supply sources
2022
China introduced stricter export controls on chemical intermediates, including Alkylketone, to prioritize domestic pharmaceutical needs, leading to a temporary reduction in export volumes.
March 2023
Increased prices in international markets and potential supply chain delays for importers reliant on Chinese supply
The European Union updated its REACH regulations, requiring additional toxicological data for halogenated ketones like 1-(4-Chlorophenyl)-4,4-dimethylpentan-3-one, affecting import processes.
June 2023
Slight increase in compliance costs for exporters to the EU, potentially slowing trade temporarily
Indian chemical manufacturers have expanded production facilities for specialty intermediates like Alkylketone to meet growing global demand, supported by government incentives under the 'Make in India' initiative.
September 2023
Enhanced supply availability and competitive pricing from India, potentially reshaping trade patterns