HS Code:
Cypermethrin (CAS No. 52315-07-8), classified under HS Code 2926.90.30, is a synthetic pyrethroid insecticide widely used in agriculture, public health, and veterinary applications to control a broad spectrum of pests. Chemically known as Cyano(3-phenoxyphenyl)methyl 3-(2,2-dichloroethenyl)-2,2-dimethylcyclopropanecarboxylate, it is effective against insects such as aphids, caterpillars, and mosquitoes. It works by disrupting the nervous system of insects, leading to paralysis and death. Due to its efficacy, it is a critical component in crop protection for cotton, vegetables, and cereals, as well as in malaria control programs through treated nets and sprays. However, its use is subject to strict regulations in many countries due to potential environmental and health concerns, including toxicity to aquatic organisms and non-target species.
Total Trade Volume
Approximately $500 million USD
Data from 2022
Source
Estimated based on data from UN Comtrade, ITC Trade Map, and industry reports
$150 million USD
30% of global trade of total trade
Increasing
$100 million USD
20% of global trade of total trade
Increasing
$75 million USD
15% of global trade of total trade
Stable
$50 million USD
10% of global trade of total trade
Stable
$40 million USD
8% of global trade of total trade
Increasing
Average Rate
5-7% ad valorem
Highest Rate
15% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0-2% (under free trade agreements or for WTO members with reduced tariffs)
Increasing demand in developing countries
Rising agricultural activity and pest control needs in regions like Africa and Southeast Asia are driving demand for affordable insecticides like Cypermethrin.
2020-2022
Regulatory tightening in developed markets
Stricter environmental and health regulations in the EU and North America are reducing usage and trade, pushing manufacturers to focus on alternative markets or develop eco-friendly formulations.
2019-2023
Shift towards integrated pest management (IPM)
Growing emphasis on sustainable agriculture is reducing reliance on chemical insecticides, impacting long-term demand for Cypermethrin.
2021-2023
The European Union conducted a reassessment of Cypermethrin under its pesticide regulation framework, resulting in tighter usage restrictions due to concerns over environmental persistence and toxicity to aquatic life.
October 2022
Reduced exports to EU markets for manufacturers; increased focus on non-EU markets.
China, a leading producer, expanded its production capacity for Cypermethrin to meet rising global demand, particularly from agricultural economies in Asia and Africa.
March 2023
Increased supply has stabilized global prices, benefiting importers but creating competitive pressure for other exporters.
Brazilโs regulatory authority approved expanded use of Cypermethrin in additional crops to combat rising pest issues, boosting import demand.
June 2023
Significant increase in trade volume to Brazil, benefiting exporters like China and India.