HS Code:
Basic dyes and preparations based thereon (HS Code: 320413) are synthetic organic coloring matters, often used in the textile, paper, and leather industries for dyeing purposes. These dyes are characterized by their bright colors and strong affinity for materials like acrylic fibers and paper. They are typically cationic in nature, meaning they carry a positive charge, which allows them to bind effectively with negatively charged substrates. This category includes both the dyes themselves and preparations made from them, often in liquid or powder form for industrial use. Global trade in basic dyes is influenced by demand from textile manufacturing hubs, environmental regulations, and innovations in eco-friendly dye alternatives.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade
Increasing
USD 300 million
25.0% of total trade
Increasing
USD 150 million
12.5% of total trade
Stable
USD 100 million
8.3% of total trade
Decreasing
USD 80 million
6.7% of total trade
Stable
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-India FTA for specific partners)
Shift towards sustainable dyes
Increasing demand for eco-friendly and biodegradable basic dyes due to stricter environmental regulations in key markets like the EU and North America.
2021-2023
Growth in textile industry in Asia-Pacific
Rising production of textiles in countries like Bangladesh and Vietnam is driving demand for basic dyes, boosting trade volumes for exporters like China and India.
2020-2022
Technological advancements in dye formulations
Innovations in dye stability and application efficiency are enhancing product appeal, though they increase R&D costs for manufacturers.
2022
The European Union updated its REACH framework to impose stricter limits on hazardous substances in basic dyes, requiring manufacturers to provide detailed toxicity data.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-compliant producers in developing countries.
The Indian government introduced a subsidy scheme under the Production Linked Incentive (PLI) program to boost exports of synthetic dyes, including basic dyes.
January 2023
Expected to strengthen Indiaโs position as a leading exporter, potentially increasing competition with China in global markets.
China launched a national initiative to reduce pollution from dye manufacturing, enforcing stricter wastewater treatment standards for producers.
September 2022
Short-term production slowdowns for some manufacturers, but long-term benefits through improved market access to environmentally conscious regions.