HS Code:
The category under HS Code 3808.92.15 includes mixtures containing Iprodione (CAS No. 36734-19-7), a fungicide used to control a variety of fungal diseases in crops such as fruits, vegetables, and ornamentals, and Trifloxystrobin (CAS No. 141517-21-7), a broad-spectrum fungicide effective against foliar diseases in crops like cereals, fruits, and vegetables. These chemicals are critical in agricultural applications for protecting crop yield and quality by preventing fungal infections. Products in this category are typically formulated as mixtures for ease of application and enhanced efficacy. Global trade in these fungicides is driven by agricultural demand, regulatory frameworks, and regional crop protection needs.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
Estimated based on data from UN Comtrade and industry reports
$60 million USD
24% of total trade of total trade
Increasing
$45 million USD
18% of total trade of total trade
Stable
$35 million USD
14% of total trade of total trade
Increasing
$30 million USD
12% of total trade of total trade
Increasing
$25 million USD
10% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
10% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-US or within ASEAN)
Rising demand for sustainable agriculture
Increased scrutiny on chemical fungicides like Iprodione and Trifloxystrobin, pushing manufacturers to develop eco-friendly formulations or biopesticides as alternatives.
2021-2023
Growth in precision agriculture
Adoption of precision farming techniques has led to more targeted application of fungicides, reducing overall usage but increasing demand for high-efficacy products like Trifloxystrobin mixtures.
2020-2022
Regulatory tightening in key markets
Stricter regulations in the EU and North America regarding pesticide residues and environmental impact have reduced market access for certain formulations, affecting trade volumes.
2019-2023
The European Union conducted a reassessment of Iprodione due to concerns over its environmental persistence and potential health risks, leading to partial restrictions on its use in member states.
March 2022
Reduced exports to the EU market, prompting manufacturers to focus on alternative markets like Latin America and Asia.
Major agrochemical companies introduced advanced formulations of Trifloxystrobin with improved efficacy and lower environmental impact, targeting cereal and fruit crop markets.
July 2023
Increased market share in regions with high cereal production, such as North America and Eastern Europe.
A new trade agreement between the US and Brazil reduced tariffs on agricultural chemicals, including fungicides under HS 3808.92.15, facilitating greater market penetration for US exporters.
January 2023
Boosted trade volumes between the two countries, with Brazil's demand for fungicides rising due to expanding soybean and corn cultivation.