HS Code:
tert-Butylhydroquinone (TBHQ) is a synthetic antioxidant used primarily in the food industry to extend shelf life by preventing oxidation in oils and fats. It is also utilized in cosmetics, pharmaceuticals, and industrial applications for its stabilizing properties. Classified under HS Code 2907.29, TBHQ is a phenolic compound and a derivative of hydroquinone. Its global trade is driven by demand in food processing and industrial sectors, with significant production and consumption in regions with large food manufacturing bases.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
UN Comtrade Database, International Trade Centre (ITC)
$60 million USD
40% of total trade of total trade
Increasing
$30 million USD
20% of total trade of total trade
Stable
$20 million USD
13% of total trade of total trade
Increasing
$15 million USD
10% of total trade of total trade
Stable
$10 million USD
7% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-US trade pacts or within ASEAN)
Rising demand for processed foods
Increased need for antioxidants like TBHQ in food preservation, especially in emerging economies with growing middle-class populations
2021-2023
Shift towards natural antioxidants
Potential decline in TBHQ demand as consumers and regulators favor natural alternatives like rosemary extract or tocopherols
2020-2022
Stringent food safety regulations
Higher compliance costs for exporters to meet varying regional standards, affecting trade flows to regulated markets like the EU
2019-2023
The European Union updated its regulations on TBHQ usage in food products, lowering the maximum permissible levels due to health concerns over long-term exposure.
March 2023
Exporters to the EU market may face reduced demand or need to reformulate products, potentially shifting trade to less regulated regions.
Major Chinese chemical manufacturers announced investments in expanding TBHQ production facilities to meet growing domestic and export demand.
July 2022
Increased supply from China could lead to lower global prices, benefiting importers but pressuring smaller producers in other regions.
The U.S. Food and Drug Administration released a statement confirming the safety of TBHQ within specified limits, countering recent consumer concerns.
November 2022
This reassurance is expected to maintain steady demand in the U.S. market, stabilizing trade volumes for exporters.