HS Code:
O-(3-Chloro-4-methyl-2-oxo-2H-chromen-7-yl) O,O-diethyl phosphorothioate, commonly known as Coumaphos (CAS No. 56-72-4), falls under HS Code 2932.20.10, which covers lactones, including coumarin derivatives. Coumaphos is an organophosphate compound primarily used as an insecticide and acaricide in veterinary applications to control parasites on livestock, such as ticks and mites. It is also used in beekeeping to manage varroa mites. Due to its toxicity and environmental concerns, its usage is heavily regulated in many countries, impacting its global trade patterns.
Total Trade Volume
Approximately $10 million USD
Data from 2022
Source
Derived from UN Comtrade data and industry reports
$3.5 million USD
35% of total trade of total trade
Stable
$2.8 million USD
28% of total trade of total trade
Increasing
$1.5 million USD
15% of total trade of total trade
Decreasing
$1.2 million USD
12% 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
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-India FTA)
Shift towards safer alternatives
Decreasing demand for Coumaphos as organic and less toxic pest control methods gain popularity, especially in developed markets.
2021-2023
Regulatory tightening
Increased restrictions and bans in regions like the EU have reduced export opportunities, pushing manufacturers to focus on emerging markets.
2020-2022
Growth in beekeeping applications
Rising demand for varroa mite control in apiculture has sustained trade volumes in specific niche markets despite broader declines.
2019-2023
The European Union has imposed a near-complete ban on Coumaphos in veterinary and agricultural applications due to its high toxicity and environmental persistence, effective from mid-2022.
June 2022
Significant reduction in European imports, redirecting trade to Latin American and Asian markets.
The U.S. Environmental Protection Agency initiated a re-evaluation of Coumaphos usage in livestock and beekeeping, focusing on residue limits and environmental impact.
March 2023
Potential for stricter regulations in the U.S., which may reduce domestic demand and affect export volumes.
Indian manufacturers have ramped up production of Coumaphos to meet growing demand in South America and Africa, positioning India as a key supplier.
September 2022
Increased market share for Indian exporters, potentially lowering global prices due to competitive production costs.