HS Code:
Disperse Yellow 71, chemically known as 9(or 10)-Methoxy-7H-benzimidazo[2,1-a]benz[de]isoquinolin-7-one (CAS No. 68296-59-3), falls under HS Code 3204.11.35, which pertains to synthetic organic coloring matter, specifically disperse dyes and preparations based thereon. This product is primarily used in the textile industry for dyeing polyester and other synthetic fibers due to its excellent color fastness and heat resistance properties. It is a niche chemical product with specialized applications, often traded in relatively small volumes compared to broader dye categories.
Total Trade Volume
Approximately $10 million USD
Data from 2022
Source
Estimated based on data from UN Comtrade and industry reports
$4.5 million USD
45% of total trade of total trade
Increasing
$2.8 million USD
28% of total trade of total trade
Increasing
$1.2 million USD
12% of total trade of total trade
Stable
$0.8 million USD
8% of total trade of total trade
Stable
$0.7 million USD
7% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
10% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or in duty-free zones)
Growing demand for sustainable dyes
Increased R&D investment in eco-friendly disperse dyes, potentially affecting demand for traditional formulations like Disperse Yellow 71 if not adapted
2021-2023
Shift in textile manufacturing to Asia-Pacific
Higher export volumes from China and India due to proximity to major textile hubs, strengthening their dominance in the market
2020-2022
Rising raw material costs
Price volatility for chemical intermediates used in dye production, leading to higher costs passed on to end users
2022-2023
The European Union updated its REACH regulations, imposing stricter safety and environmental compliance for disperse dyes, including Disperse Yellow 71.
June 2023
Potential increase in compliance costs for exporters to the EU, possibly reducing trade volumes to this region.
China reported a significant increase in disperse dye exports, including Disperse Yellow 71, due to competitive pricing and expanded production capacity.
March 2023
Further consolidation of China's market share, pressuring smaller exporters in other regions.
India initiated an anti-dumping investigation on certain disperse dyes from China, which may include Disperse Yellow 71, to protect domestic manufacturers.
September 2022
Possible imposition of duties on Chinese imports, potentially benefiting Indian producers in the short term.