HS Code:
The category of o-, m-, p-Phenylenediamine, diaminotoluenes, and their derivatives; salts thereof (HS Code: 292151) includes aromatic diamines used primarily as intermediates in the production of dyes, pigments, polymers, and other chemical products. These compounds are critical in industries such as textiles, plastics, and cosmetics for their role in creating colorants and stabilizers. Due to their chemical properties, they are subject to strict regulatory oversight in many countries to ensure safe handling and environmental compliance.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand in textile and dye industries
Increased production and export from Asia-Pacific countries, particularly China and India, due to cost-effective manufacturing and high demand for dyes in global markets.
2021-2022
Shift towards sustainable alternatives
Growing regulatory pressure in Europe and North America is pushing manufacturers to develop eco-friendly substitutes, potentially reducing demand for traditional phenylenediamines.
2022
Fluctuating raw material prices
Volatility in petrochemical prices affects production costs, leading to price instability in the global market for these chemicals.
2020-2022
The European Union updated its REACH regulations to impose stricter limits on the use of phenylenediamine derivatives in consumer products due to potential health risks.
June 2023
European importers may face higher compliance costs, potentially reducing imports from non-compliant regions.
Several Chinese chemical manufacturers announced plans to increase production capacity for phenylenediamine compounds to meet growing global demand.
March 2023
This could lead to a further increase in China's market share, potentially lowering global prices due to oversupply.
The United States introduced anti-dumping duties on imports of diaminotoluenes from certain countries to protect domestic producers.
September 2022
Affected exporters may redirect shipments to other markets, potentially disrupting regional trade balances.