HS Code:
The category encompassing 3,4-Dimethylbenzaldehyde, Paraldehyde (USP grade), and p-Tolualdehyde falls under the broader classification of aldehydes used in chemical synthesis, pharmaceuticals, and industrial applications. 3,4-Dimethylbenzaldehyde and p-Tolualdehyde are aromatic aldehydes primarily used as intermediates in the production of fragrances, agrochemicals, and dyes. Paraldehyde (USP grade) is a cyclic trimer of acetaldehyde, often utilized as a sedative or in the synthesis of other chemicals. These compounds are critical in niche markets, with demand driven by pharmaceutical and specialty chemical industries. The HS Code for this category is typically under 2912.29 (other cyclic aldehydes without other oxygen function) for 3,4-Dimethylbenzaldehyde and p-Tolualdehyde, and 2912.50 for Paraldehyde. Global trade patterns are influenced by production capacities in key chemical manufacturing hubs, regulatory frameworks, and raw material availability.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
UN Comtrade Database, ITC Trade Map
$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
Increasing
$3 million USD
6% of total trade of total trade
Stable
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 such as EU-US or ASEAN)
Growing demand for specialty chemicals in fragrance and agrochemical sectors
Increased export volumes from China and India due to cost-effective production
2021-2022
Shift towards sustainable chemical synthesis
Higher investment in green production methods, impacting smaller exporters with outdated facilities
2020-2022
Regulatory tightening in pharmaceutical applications
Stricter quality controls for Paraldehyde (USP grade), affecting trade with non-compliant suppliers
2019-2022
The European Union introduced stricter guidelines on the import of aldehydes, including mandatory environmental impact assessments for production processes.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant countries.
China announced new manufacturing facilities for aromatic aldehydes, aiming to boost export capabilities by 15% over the next two years.
January 2023
Likely to solidify China's dominance in the market, putting pressure on other exporters like India and Germany.
The United States temporarily waived tariffs on certain chemical intermediates, including Paraldehyde (USP grade), to support domestic pharmaceutical production.
October 2022
Boosted imports from key suppliers like Germany and China, increasing trade volume by an estimated 10%.