HS Code:
Organic luminescent pigments and dyes for security applications (HS Code: 3204.90.00) are specialized chemical compounds used primarily in anti-counterfeiting and security printing, such as banknotes, passports, and other secure documents. These materials exhibit luminescent properties under specific light conditions (e.g., UV or IR), making them ideal for authentication purposes. This category excludes daylight fluorescent pigments and dyes, as well as the specific dyestuff bearing CAS No. 6359-10-0, focusing on niche, high-security applications. They are critical in industries requiring high-level fraud prevention and are often subject to strict regulatory and trade controls due to their sensitive applications.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
Derived from UN Comtrade data, industry reports, and trade estimates
$75 million USD
30% of global trade of total trade
Increasing
$60 million USD
24% of global trade of total trade
Stable
$40 million USD
16% of global trade of total trade
Increasing
$30 million USD
12% of global trade of total trade
Increasing
$20 million USD
8% of global trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements or for security-related imports in specific regions)
Rising demand for anti-counterfeiting solutions
Increased adoption of luminescent pigments in currency and identity document production, driving market growth by 7-10% annually.
2021-2023
Technological advancements in luminescent materials
Development of more sophisticated, harder-to-replicate pigments is increasing the cost of production but also the value of trade.
2022
Shift towards sustainable and non-toxic materials
Pressure to develop eco-friendly luminescent dyes is influencing R&D investments and could reshape supply chains.
2023
The European Union introduced stricter export licensing for luminescent pigments used in security applications to prevent misuse in sanctioned regions.
March 2023
This may lead to reduced trade volumes to certain regions and increased compliance costs for exporters.
A leading Japanese chemical company announced a new range of infrared-active dyes for security applications, enhancing detection capabilities.
June 2022
This innovation is expected to boost Japan's market share and set new industry standards for security printing.
The US government allocated additional funds for research into advanced security pigments as part of its anti-counterfeiting strategy.
January 2023
This is likely to increase domestic demand and encourage partnerships with US-based manufacturers.