HS Code:
2,2-(1,4-Phenylene)bis(4H-3,1-benzoxazin-4-one), with CAS No. 18600-59-4, is a chemical compound classified under HS Code 2934.99.39. This compound belongs to the category of heterocyclic compounds containing an unfused pyridine ring, often used as an intermediate in the synthesis of polymers, resins, and other industrial chemicals. It is particularly noted for its role in the production of high-performance materials due to its thermal stability and chemical resistance. Global trade in this category is relatively niche, driven by demand in specialized industries such as electronics, automotive, and aerospace for advanced material applications.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
Estimated data based on UN Comtrade 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
$6 million USD
12% of total trade of total trade
Stable
$4 million USD
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 such as EU-Japan EPA)
Rising demand for high-performance polymers
Increased trade volume as industries like aerospace and electronics seek advanced materials with superior thermal and chemical resistance.
2021-2023
Shift towards sustainable chemical production
Growing interest in eco-friendly synthesis methods may affect production costs and trade dynamics, with stricter regulations in key markets.
2022-2023
Supply chain diversification
Post-COVID-19 recovery has led to efforts to diversify supply sources, reducing reliance on single-country production (e.g., China).
2020-2022
The European Union updated its REACH regulations, imposing stricter documentation and safety requirements for heterocyclic compounds, including 2,2-(1,4-Phenylene)bis(4H-3,1-benzoxazin-4-one).
June 2023
Potential increase in compliance costs for exporters to the EU, possibly affecting trade volumes in the short term.
China introduced new export monitoring measures for specialty chemicals to ensure supply chain security, impacting the global availability of this compound.
March 2023
Temporary supply constraints in key markets, with potential price increases for importers.
The United States extended a temporary tariff waiver on certain chemical intermediates, including products under HS 2934.99.39, to support domestic manufacturing.
January 2023
Boosted imports into the US, benefiting exporters from China and Germany.