HS Code:
1-Methoxy-2,4-dinitrobenzene, also known as 2,4-Dinitroanisole (CAS No. 119-27-7), is an organic chemical compound classified under HS Code 2909.30.60. It belongs to the category of aromatic ethers and their halogenated, sulfonated, nitrated, or nitrosated derivatives. This compound is primarily used as an intermediate in the synthesis of dyes, pharmaceuticals, and other chemical products. It is also utilized in research and industrial applications due to its nitroaromatic structure, which imparts specific reactivity characteristics.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
United Nations Comtrade Database, ITC Trade Map
$6.5 million USD
43.3% of total trade of total trade
Increasing
$3.2 million USD
21.3% of total trade of total trade
Increasing
$2.1 million USD
14.0% of total trade of total trade
Stable
$1.8 million USD
12.0% of total trade of total trade
Stable
$1.4 million USD
9.3% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements or preferential tariffs such as EU GSP)
Growing demand in pharmaceutical intermediates
Increased production and export from countries like China and India due to cost-effective manufacturing and rising global demand for specialty chemicals.
2021-2022
Stringent environmental regulations
Higher compliance costs and reduced production in regions with strict environmental policies, such as the European Union, leading to a shift in supply chains to Asia.
2020-2022
Shift towards sustainable chemistry
Emerging research into greener synthesis methods for nitroaromatic compounds may reduce demand for traditional production of 2,4-Dinitroanisole in the long term.
2022
The European Union updated its REACH regulations, imposing stricter documentation and safety requirements for the import and use of nitroaromatic compounds like 2,4-Dinitroanisole.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant suppliers.
Several Chinese chemical manufacturers announced plans to expand production facilities for aromatic ethers, including 2,4-Dinitroanisole, to meet rising global demand.
June 2022
Likely to further solidify China's dominance in the market, potentially driving down global prices due to economies of scale.
The United States reviewed tariffs on certain chemical imports under Section 301, maintaining moderate duties on products like 2,4-Dinitroanisole from specific countries.
September 2022
Slight increase in import costs for US buyers, potentially encouraging domestic production or sourcing from alternative countries.