HS Code:
N-Ethyl-N-(2-hydroxyethyl)perfluorooctane sulfonamide (HS Code: 2935.90) is a fluorinated organic compound primarily used in industrial applications such as surfactants, coatings, and fire-fighting foams due to its water and oil repellent properties. It belongs to the family of per- and polyfluoroalkyl substances (PFAS), which are known for their persistence in the environment and potential health risks. Global trade in this category is influenced by regulatory restrictions, environmental concerns, and the demand for alternatives in various industries.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
United Nations Comtrade Database and ITC Trade Map
$20 million USD
40% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Decreasing
$8 million USD
16% of total trade of total trade
Stable
$5 million USD
10% of total trade of total trade
Decreasing
$3 million USD
6% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Shift towards PFAS-free alternatives
Reduced demand for N-Ethyl-N-(2-hydroxyethyl)perfluorooctane sulfonamide in developed markets due to environmental and health concerns, pushing manufacturers to innovate.
2021-2023
Increased regulatory scrutiny
Stricter regulations in the EU and North America have led to declining trade volumes and higher compliance costs for exporters.
2020-2022
Growth in Asia-Pacific demand
Despite global restrictions, industrial growth in Asia-Pacific countries has sustained demand for PFAS compounds in manufacturing and textiles.
2019-2023
The European Union introduced a proposal under REACH to restrict the use of PFAS, including N-Ethyl-N-(2-hydroxyethyl)perfluorooctane sulfonamide, in non-essential applications.
February 2023
Expected to reduce EU imports by 30% over the next five years, pushing manufacturers to seek alternative markets or develop substitutes.
The US Environmental Protection Agency outlined a roadmap to address PFAS contamination, including potential import restrictions and monitoring requirements for related compounds.
October 2021
Increased costs for US importers and a decline in trade volume as companies pivot to safer alternatives.
Chinese manufacturers have ramped up production of fluorinated compounds to meet domestic and regional demand, despite global pressure to phase out PFAS.
June 2022
Strengthened China's position as the leading exporter, potentially leading to oversupply and price competition in the global market.