HS Code:
1-Phenyl-3-(1,2,3-thiadiazol-5-yl)urea, commonly known as Thidiazuron (CAS No. 51707-55-2), is a chemical compound classified under HS Code 2934.99.15. It is primarily used as a plant growth regulator in agriculture, particularly for cotton defoliation and to stimulate fruit development in certain crops. Thidiazuron acts as a cytokinin, promoting cell division and growth, and is a critical input in modern agricultural practices to enhance yield and manage crop cycles effectively. Due to its specialized application, its trade is niche but significant in agricultural economies.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
Derived from UN Comtrade Database and industry reports
$20 million USD
40% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Stable
$8 million USD
16% of total trade of total trade
Increasing
$5 million USD
10% of total trade of total trade
Stable
$3 million USD
6% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements or for agricultural inputs in specific regions)
Rising demand for cotton defoliants
Increased trade volume in major cotton-producing countries like India and Brazil due to higher agricultural output needs.
2021-2022
Shift toward sustainable agriculture
Growing scrutiny and potential restrictions on chemical growth regulators like Thidiazuron, pushing demand for bio-alternatives in developed markets.
2020-2022
Technological advancements in formulation
Improved efficiency and lower dosage requirements are stabilizing trade volumes despite environmental concerns.
2019-2022
The European Union initiated a review of Thidiazuron's environmental impact, potentially leading to stricter usage guidelines or bans in member states.
March 2023
Possible reduction in export volumes to EU countries, redirecting supply to other regions like Asia and South America.
Major Chinese manufacturers announced expansions in Thidiazuron production facilities to meet growing global demand, especially from cotton-producing regions.
January 2023
Likely to lower global prices due to increased supply, benefiting importing countries but pressuring smaller producers.
A bilateral agreement reduced tariffs on agricultural chemicals, including Thidiazuron, facilitating smoother trade between the two countries.
September 2022
Boosted export volumes from the US to India, strengthening market access for American producers.