HS Code:
Mandelic acid, classified under HS Code 291819 (other carboxylic acids with alcohol function but without other oxygen function), is an alpha-hydroxy acid derived from bitter almonds. It is widely used in the cosmetics industry for its exfoliating and skin-brightening properties, as well as in pharmaceuticals for its antibacterial and anti-aging effects. Mandelic acid is also utilized in chemical synthesis and as an intermediate in various industrial applications.
Total Trade Volume
USD 25 million
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-US trade pacts)
Rising demand in cosmetics industry
Increased export volumes to regions with growing skincare markets, such as Asia-Pacific and North America
2021-2022
Shift toward sustainable production
Manufacturers adopting greener synthesis methods to comply with environmental regulations, impacting production costs
2020-2022
Growth in pharmaceutical applications
Higher demand for mandelic acid as an active ingredient in anti-acne and anti-aging formulations
2019-2022
The European Union updated its regulations on alpha-hydroxy acids, including mandelic acid, setting stricter purity and usage limits in cosmetic products.
March 2023
Potential increase in compliance costs for exporters to the EU market
China reported a 15% year-on-year increase in mandelic acid exports, driven by demand in the global skincare industry.
January 2023
Strengthened position as the leading exporter, potentially impacting pricing dynamics
The United States temporarily waived tariffs on certain chemical imports, including mandelic acid, to support domestic pharmaceutical production.
July 2022
Increased imports from key suppliers like China and Germany