HS Code:
The category containing tris(2,3-dibromopropyl) phosphate falls under specific chemical compounds often classified within the Harmonized System (HS) Code related to organo-inorganic compounds, particularly under Chapter 29 (Organic Chemicals). Tris(2,3-dibromopropyl) phosphate is a brominated flame retardant used primarily in plastics, textiles, and other materials to reduce flammability. Due to environmental and health concerns, its usage and trade are heavily regulated in many countries, leading to a complex global trade pattern influenced by regulatory frameworks such as REACH in the EU and TSCA in the US.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
United Nations Comtrade Database, supplemented by industry reports
$20 million USD
40% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Decreasing
$8 million USD
16% of total trade of total trade
Stable
$5 million USD
10% of total trade of total trade
Decreasing
$3 million USD
6% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
12% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements or for WTO members in specific regions)
Shift towards alternative flame retardants
Reduced demand for tris(2,3-dibromopropyl) phosphate as industries adopt safer, non-brominated alternatives due to regulatory pressures.
2020-2022
Increased production in Asia-Pacific
Growing manufacturing capacities in countries like China and India have led to higher export volumes despite global restrictions.
2019-2022
Regulatory tightening in Western markets
Significant decline in imports to the EU and US markets due to bans and restrictions on brominated compounds.
2018-2022
The European Union expanded its ban on brominated flame retardants, including tris(2,3-dibromopropyl) phosphate, under the REACH framework, citing persistent environmental and health risks.
January 2023
Significant reduction in EU imports, redirecting trade flows to less regulated markets in Asia and Africa.
The US Environmental Protection Agency (EPA) initiated a comprehensive review of brominated flame retardants under TSCA, proposing stricter usage guidelines.
March 2022
Uncertainty in the US market leading to reduced trade volumes and stockpiling by manufacturers.
China introduced new environmental standards for chemical production, aiming to balance export growth with sustainability goals.
July 2022
Potential short-term disruptions in supply chains but long-term stabilization of trade volumes with improved compliance.