HS Code:
(4Z)-5-(4-Chlorophenyl)-2,2-dimethyl-4-(1H-1,2,4-triazol-1-yl)-4-hexen-3-ol, commonly known as Uniconazole-P (CAS No. 83657-17-4), is a plant growth regulator belonging to the triazole family. Classified under HS subheading 2933.69.60, it is primarily used in agriculture to control plant growth by inhibiting gibberellin biosynthesis, resulting in shorter, sturdier plants with enhanced resistance to environmental stress. It is widely applied in horticulture for ornamental plants, turf management, and certain crops to improve yield and quality.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
Estimated data based on 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
Stable
$2.1 million USD
14.0% of total trade of total trade
Increasing
$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
Increasing
Average Rate
5.5% ad valorem
Highest Rate
8.0% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for sustainable agriculture solutions
Increased adoption of plant growth regulators like Uniconazole-P to optimize crop yield with minimal environmental impact
2021-2023
Growth in horticulture and turf management sectors
Higher usage in landscaping and golf course maintenance, particularly in North America and Europe
2020-2022
Stringent regulations on chemical usage
Potential market constraints due to bans or restrictions on certain triazole compounds in the EU
2022-2023
The European Union initiated a comprehensive review of triazole-based plant growth regulators, including Uniconazole-P, to assess environmental and health impacts.
March 2023
Possible restrictions or bans could reduce market access in Europe, prompting manufacturers to seek alternative markets in Asia and Latin America.
A major agrochemical manufacturer in China announced the expansion of its production capacity for Uniconazole-P to meet growing global demand.
July 2022
Increased supply could stabilize prices and boost export volumes, particularly to developing agricultural markets.
The US Environmental Protection Agency approved Uniconazole-P for additional applications in turf management and ornamental plants.
October 2021
Expanded usage is expected to drive demand in the US market, benefiting exporters like Japan and China.