HS Code:
4-Methoxy-6-methyl-1,3,5-triazin-2-amine (CAS No. 1668-54-8) is a chemical compound classified under HS Code 2933.69.60, which falls within the category of heterocyclic compounds containing nitrogen hetero-atoms. This compound is often used as an intermediate in the synthesis of agrochemicals, particularly herbicides, and in some industrial applications. It is a niche product in the global chemical trade, with demand driven by agricultural and specialty chemical industries.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
Estimated based on data from UN Comtrade and industry reports
$6.5 million USD
43.3% of total trade of total trade
Increasing
$3.2 million USD
21.3% of total trade of total trade
Increasing
$2.1 million USD
14.0% of total trade of total trade
Stable
$1.8 million USD
12.0% of total trade of total trade
Stable
$1.4 million USD
9.3% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
8.0% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Growing demand for agrochemical intermediates
Increased trade volume due to rising global agricultural output and need for effective herbicides
2021-2023
Shift towards sustainable chemistry
Pressure on manufacturers to adopt greener production methods, potentially increasing costs but also opening niche markets
2022-2023
Regional supply chain diversification
Reduction in dependency on single-country suppliers like China due to geopolitical tensions, with India emerging as a key player
2020-2023
The European Union introduced stricter guidelines on the import of chemical intermediates used in herbicides, requiring detailed environmental impact assessments.
March 2023
Potential delays in trade to EU markets and increased compliance costs for exporters
China implemented export tax rebates for certain chemical intermediates to boost competitiveness in the global market.
January 2023
Increased export volumes from China, potentially lowering global prices and impacting other exporters
Several Indian chemical manufacturers announced investments to scale up production of triazine-based compounds, including 4-Methoxy-6-methyl-1,3,5-triazin-2-amine.
September 2022
Expected to increase India's market share and reduce reliance on imports in the Asia-Pacific region