HS Code:
3-Pentanone, also known as diethyl ketone (CAS No. 96-22-0), is an organic compound classified under HS Code 2914.19.00, which covers ketones and quinones without other oxygen functions. It is a colorless liquid with a strong odor, primarily used as a solvent in industrial applications, in the production of pharmaceuticals, and as an intermediate in organic synthesis. This chemical is a niche product in the global market, with demand driven by specific industrial and chemical manufacturing sectors.
Total Trade Volume
Approximately 12,000 metric tons
Data from 2022
Source
United Nations Comtrade Database and industry reports
3,500 metric tons
29.2% of total trade of total trade
Increasing
2,800 metric tons
23.3% of total trade of total trade
Stable
2,000 metric tons
16.7% of total trade of total trade
Increasing
1,200 metric tons
10.0% of total trade of total trade
Stable
900 metric tons
7.5% 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-US trade agreements)
Growing demand in pharmaceutical intermediates
Increased production and trade in regions with strong pharmaceutical industries such as Germany and India
2021-2022
Shift toward sustainable solvents
Pressure on 3-Pentanone manufacturers to develop eco-friendly alternatives, potentially reducing demand in some markets
2022
Rising production in Asia-Pacific
Lower production costs in countries like China and India are boosting export volumes and competitiveness
2020-2022
The European Union updated its REACH regulations, imposing stricter documentation and safety requirements for 3-Pentanone imports and usage.
March 2023
Increased compliance costs for exporters to the EU, potentially affecting trade volumes from non-EU countries.
A new bilateral agreement reduced tariffs on certain chemical products, including 3-Pentanone, between the US and China.
January 2023
Expected to boost trade volumes between the two countries, benefiting Chinese exporters.
Major chemical manufacturers in Germany announced investments in greener solvent alternatives, potentially impacting 3-Pentanone demand.
June 2022
Long-term shift in market preference may reduce reliance on traditional solvents like 3-Pentanone.