HS Code:
Acid Black 194 (CAS No. 61931-02-0), classified under HS Code 3204.12.20, is a synthetic organic dye belonging to the category of acid dyes. These dyes are primarily used in the textile industry for dyeing wool, silk, and nylon, as well as in leather processing. Acid Black 194 is known for its deep black color and excellent color fastness properties, making it a popular choice for industrial applications. This product falls under the broader category of synthetic organic coloring matter, specifically acid dyes, which are water-soluble anionic dyes applied under acidic conditions.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
$20 million USD
40% of total trade of total trade
Increasing
$15 million USD
30% of total trade of total trade
Increasing
$5 million USD
10% of total trade of total trade
Stable
$3 million USD
6% of total trade of total trade
Decreasing
$2 million USD
4% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-India FTA for specific partners)
Shift towards eco-friendly dyes
Increasing demand for sustainable and non-toxic alternatives is pressuring manufacturers of Acid Black 194 to adopt greener production methods, potentially increasing costs.
2021-2023
Growth in textile industry in Asia-Pacific
Rising textile production in countries like Bangladesh and Vietnam is driving demand for acid dyes like Acid Black 194, boosting trade volumes for exporters like China and India.
2020-2022
Technological advancements in dye application
Innovations in dyeing processes are improving efficiency and reducing waste, potentially increasing the competitiveness of Acid Black 194 in global markets.
2022
The European Union has introduced stricter REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) guidelines for synthetic dyes, including Acid Black 194, focusing on environmental and health safety standards.
March 2023
Exporters to the EU, particularly from China and India, may face higher compliance costs and potential market access barriers.
India has imposed anti-dumping duties on certain synthetic dyes, including acid dyes from China, to protect domestic manufacturers.
July 2022
This has led to a shift in market dynamics, with Indian producers gaining a larger domestic market share while Chinese exporters seek alternative markets.
Major textile manufacturers in Asia and Europe are partnering with dye producers to develop eco-friendly variants of acid dyes, including Acid Black 194, amid growing consumer demand for sustainable products.
January 2023
This could lead to increased R&D investments and potentially higher prices for greener versions of Acid Black 194 in the short term.