HS Code:
p-Anisaldehyde, also known as 4-methoxybenzaldehyde (CAS No. 123-11-5), is an organic compound classified under HS Code 2912.49.10. It is an aldehyde with a characteristic anise-like odor and is primarily used as an intermediate in the synthesis of pharmaceuticals, fragrances, and flavoring agents. Additionally, it serves as a key component in the production of agrochemicals and dyes. This compound is a critical raw material in industries requiring aromatic compounds for their products.
Total Trade Volume
Approximately 12,000 metric tons
Data from 2022
Source
UN Comtrade Database and industry reports
5,000 metric tons
41.7% of total trade of total trade
Increasing
3,000 metric tons
25.0% of total trade of total trade
Increasing
1,500 metric tons
12.5% of total trade of total trade
Stable
1,000 metric tons
8.3% of total trade of total trade
Stable
800 metric tons
6.7% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-US TTIP for specific partners)
Growing demand in fragrance and flavor industries
Increased production and export from major suppliers like China and India due to rising global demand for natural and synthetic fragrance compounds.
2021-2022
Shift toward sustainable production methods
Manufacturers are adopting greener synthesis processes to comply with environmental regulations, influencing production costs and trade dynamics.
2020-2022
Rising pharmaceutical applications
Increased use of p-Anisaldehyde as an intermediate in drug synthesis is driving demand, particularly in markets with strong pharmaceutical sectors like the US and Germany.
2019-2022
A major Indian chemical manufacturer announced the opening of a new production facility for p-Anisaldehyde to meet growing domestic and international demand.
March 2023
Expected to increase India's export capacity by 15%, potentially affecting global pricing and supply chains.
The European Union updated its REACH regulations, imposing stricter guidelines on the use of aromatic aldehydes in consumer products.
January 2023
May lead to reduced imports into the EU or higher compliance costs for exporters, particularly from non-EU countries.
Ongoing trade disputes have led to additional tariffs on Chinese chemical exports, including p-Anisaldehyde, to the United States.
October 2022
Could redirect Chinese exports to other markets like Southeast Asia, while US buyers may source more from India or domestic producers.