HS Code:
Derivatives containing only sulfo groups, their salts, and esters (likely falling under HS Code 2904.10) are chemical compounds primarily used in industrial applications such as detergents, surfactants, dyes, and pharmaceuticals. These compounds are derived from sulfonic acids and play a critical role in various manufacturing processes due to their solubility and chemical stability. Global trade in this category is driven by demand in the chemical and industrial sectors, particularly in regions with strong manufacturing bases.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for eco-friendly surfactants
Increased production of bio-based sulfo derivatives to meet sustainability goals in detergent and personal care industries
2021-2023
Growth in pharmaceutical applications
Higher demand for sulfo derivatives as intermediates in drug synthesis, particularly in Asia-Pacific
2020-2022
Supply chain disruptions due to geopolitical tensions
Price volatility and delays in raw material supply affecting trade flows, especially in Europe
2022
The European Union introduced new REACH regulations targeting chemical derivatives, including sulfo group compounds, to ensure environmental safety.
March 2023
Potential increase in compliance costs for exporters to the EU, possibly affecting trade volumes.
China announced investments in new manufacturing facilities for sulfo derivatives to meet growing domestic and international demand.
July 2022
Likely to solidify China's position as the leading exporter, potentially lowering global prices.
Negotiations for reduced tariffs on chemical products, including sulfo derivatives, between the US and India have progressed.
September 2023
Could boost bilateral trade and market access for Indian exporters.