HS Code:
1,1'-[1,3-Phenylenebis(methylene)]bis(3-methyl-1H-pyrrole-2,5-dione) (CAS No. 119462-56-5) falls under HS Code subheading 2925.19.42, which pertains to imides and their derivatives. This specific chemical compound is a specialized organic chemical often used in industrial applications such as polymer synthesis, chemical intermediates, or research purposes. It is part of the broader category of heterocyclic compounds containing nitrogen, which are critical in various chemical manufacturing processes. Due to its niche application, trade in this product is relatively limited compared to bulk chemicals, with demand driven by specific industries like pharmaceuticals, plastics, or advanced materials.
Total Trade Volume
Approximately $5.2 million USD
Data from 2022
Source
UN Comtrade Database, ITC Trade Map
$2.1 million USD
40.4% of total trade of total trade
Increasing
$1.3 million USD
25.0% of total trade of total trade
Stable
$0.8 million USD
15.4% of total trade of total trade
Increasing
$0.5 million USD
9.6% of total trade of total trade
Stable
$0.3 million USD
5.8% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements or preferential trade schemes such as EU GSP)
Growing demand in polymer and advanced materials industries
Increased trade volume as manufacturers seek specialized intermediates for high-performance materials
2021-2022
Shift towards sustainable chemical production
Potential reduction in demand if greener alternatives are developed; however, current niche applications sustain trade
2022
Rising production capacity in Asia-Pacific
Lower prices due to increased supply from China and India, impacting global trade dynamics
2020-2022
The European Union updated its REACH regulations to include stricter documentation and safety assessments for imide-based chemicals, including 1,1'-[1,3-Phenylenebis(methylene)]bis(3-methyl-1H-pyrrole-2,5-dione).
March 2023
Potential delays in imports to the EU market due to compliance costs, affecting smaller exporters
A bilateral agreement reduced tariffs on certain chemical intermediates, including products under HS 2925.19, fostering trade between the two largest markets for this compound.
January 2023
Increased trade volume between the US and China, benefiting exporters in both regions
Research published in late 2022 highlighted new applications for this compound in high-strength polymer composites, driving interest from industrial buyers.
November 2022
Expected rise in demand over the next 2-3 years as industries adopt new technologies