HS Code:
The category under HS Code 3808.92.15 includes mixtures containing Fluopyram (CAS No. 658066-35-4) and Imidacloprid (CAS No. 138261-41-3), which are active ingredients used primarily in fungicides and insecticides for agricultural applications. Fluopyram, a broad-spectrum fungicide, is effective against a variety of fungal diseases in crops, while Imidacloprid, a neonicotinoid insecticide, is widely used for pest control in crops like cotton, vegetables, and fruits. These chemical mixtures are critical in modern agriculture for protecting crop yields from pests and diseases. The trade of these products is driven by global agricultural demand, regulatory frameworks, and environmental concerns over pesticide use.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$350 million USD
29.2% of total trade of total trade
Increasing
$280 million USD
23.3% of total trade of total trade
Stable
$200 million USD
16.7% of total trade of total trade
Increasing
$120 million USD
10.0% of total trade of total trade
Increasing
$90 million USD
7.5% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-US TTIP provisions)
Growing demand for sustainable agriculture
Increased scrutiny and restrictions on neonicotinoids like Imidacloprid due to their impact on pollinators, driving demand for alternative or integrated pest management solutions.
2021-2023
Expansion of agricultural production in emerging markets
Higher demand for fungicides and insecticides in countries like India and Brazil to support increased crop production for food security.
2020-2022
Technological advancements in formulation
Development of more efficient and less toxic mixtures of Fluopyram and Imidacloprid, boosting market acceptance in regions with stringent regulations.
2019-2023
The European Union has imposed stricter regulations on the use of Imidacloprid due to concerns over its impact on bee populations, affecting export markets for mixtures containing this compound.
April 2023
Reduction in trade volume to EU countries; exporters shifting focus to Asia and Latin America.
Several new Fluopyram-based fungicide mixtures received approval in key markets like the US and Brazil, boosting trade volumes for manufacturers.
January 2023
Increased market share for Fluopyram exporters, particularly from Germany and the US.
China has ramped up domestic production of generic Imidacloprid and Fluopyram mixtures, reducing reliance on imports and increasing export competition.
October 2022
Price pressure on global markets due to lower-cost Chinese products.