HS Code:
N,Nʹ-(Methylenedi-p-phenylene)bis[hexahydro-2-oxo-1H-azepine-1-carboxamide] (CAS No. 54112-23-1) falls under HS Code 2933.79.15, which pertains to heterocyclic compounds with nitrogen hetero-atom(s) only, specifically lactams. This chemical is often used in industrial applications, potentially as an intermediate in the synthesis of polymers, resins, or other specialty chemicals. Its trade is relatively niche, driven by demand in chemical manufacturing sectors for specific applications.
Total Trade Volume
Approximately $10 million USD
Data from 2022
Source
Estimated based on UN Comtrade data and industry reports
$3.2 million USD
32% of total trade of total trade
Increasing
$2.5 million USD
25% of total trade of total trade
Stable
$1.8 million USD
18% of total trade of total trade
Increasing
$1.5 million USD
15% of total trade of total trade
Increasing
$1.0 million USD
10% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
8% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Growing demand in polymer industry
Increased trade volume due to rising use in high-performance materials
2021-2022
Shift towards sustainable chemical production
Potential decrease in demand if greener alternatives emerge
2022-2023
Supply chain disruptions
Temporary price spikes and reduced availability due to geopolitical tensions
2022
The European Union updated its REACH regulations, imposing stricter documentation and safety assessments for chemicals under HS 2933.79.15.
June 2023
Increased compliance costs for exporters to the EU market
A new bilateral agreement reduced tariffs on certain chemical intermediates, including products under this HS code.
March 2023
Boosted trade flows between the two countries
A major chemical manufacturer announced a new synthesis method that may reduce production costs for this compound.
September 2022
Potential for lower market prices and increased trade volume