HS Code:
4-Nitrobenzoyl chloride (CAS No. 122-04-3) is an organic compound classified under HS Code 2916.39.03, which pertains to aromatic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids, and their derivatives. This chemical is primarily used as an intermediate in the synthesis of pharmaceuticals, agrochemicals, and dyes. It is a highly reactive compound often utilized in acylation reactions to introduce the 4-nitrobenzoyl group into other molecules. Due to its toxic and corrosive nature, it is subject to strict handling and transportation regulations globally.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
UN Comtrade Database 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
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Growing demand in pharmaceutical intermediates
Increased production in China and India to meet global demand for active pharmaceutical ingredients (APIs).
2021-2022
Shift towards sustainable production methods
Manufacturers are adopting greener synthesis routes to reduce environmental impact, driven by regulatory pressures in Europe and North America.
2022
Rising raw material costs
Fluctuations in the price of nitrobenzene and other precursors have led to higher production costs, affecting profit margins.
2022
The European Union introduced stricter guidelines for the handling and transportation of 4-Nitrobenzoyl chloride under updated REACH regulations.
June 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-EU countries without aligned standards.
Major Indian chemical manufacturers announced plans to expand production facilities for nitrobenzoyl derivatives to cater to growing domestic and export demand.
March 2023
Likely to strengthen Indiaโs position as a key supplier, potentially affecting market shares of other exporting countries like China.
Ongoing trade disputes have led to additional tariffs on Chinese chemical exports, including intermediates like 4-Nitrobenzoyl chloride, to the United States.
January 2023
Diversion of trade flows, with US importers seeking alternative suppliers from India and Europe.