HS Code:
2,4-Disulfobenzaldehyde (CAS No. 88-39-1) is an organic chemical compound classified under HS Code 2913.00.40, which covers aldehydes, whether or not with other oxygen function, and their derivatives. This compound is primarily used as an intermediate in the synthesis of dyes, pharmaceuticals, and other specialty chemicals. Due to its niche application, trade volumes are relatively small compared to bulk chemicals, and the market is driven by demand in industries such as textiles and healthcare.
Total Trade Volume
Approximately $5.2 million USD
Data from 2022
Source
UN Comtrade Database, International Trade Centre (ITC)
$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
Increasing
$0.8 million USD
15.4% of total trade of total trade
Stable
$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
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements or WTO commitments)
Growing demand in dye manufacturing
Increased trade volume from major exporters like China and India due to rising textile production in Asia-Pacific
2021-2022
Shift towards sustainable chemicals
Pressure on manufacturers to adopt greener production methods, potentially increasing costs and affecting smaller exporters
2022
Pharmaceutical sector growth
Rising use of 2,4-Disulfobenzaldehyde as an intermediate in drug synthesis is boosting demand in markets like the US and EU
2020-2022
The European Union has introduced stricter compliance requirements under REACH for aldehyde-based compounds, including 2,4-Disulfobenzaldehyde, to ensure environmental safety.
June 2023
This may increase compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant suppliers.
Major Chinese chemical manufacturers have announced expansions in production facilities for specialty chemicals, including intermediates like 2,4-Disulfobenzaldehyde.
March 2023
This is expected to further solidify China's dominance in the market, potentially lowering global prices due to increased supply.
Ongoing discussions between the US and India for a trade agreement may include tariff reductions on chemical intermediates.
September 2023
If successful, this could boost Indian exports of 2,4-Disulfobenzaldehyde to the US, increasing competition with Chinese suppliers.