HS Code:
p-(Trifluoromethyl)benzaldehyde (CAS No. 455-19-6) is an organic compound classified under HS Code 2913.00.40, which covers halogenated, sulfonated, nitrated, or nitrosated derivatives of aldehydes. This chemical is primarily used as an intermediate in the synthesis of pharmaceuticals, agrochemicals, and specialty chemicals due to its trifluoromethyl group, which imparts unique chemical properties like enhanced stability and lipophilicity. It is a niche product with specialized industrial applications, often traded in relatively small volumes compared to bulk chemicals.
Total Trade Volume
Approximately 1,200 metric tons
Data from 2022
Source
Estimated data based on UN Comtrade and industry reports
450 metric tons
37.5% of total trade of total trade
Increasing
300 metric tons
25.0% of total trade of total trade
Stable
200 metric tons
16.7% of total trade of total trade
Increasing
150 metric tons
12.5% of total trade of total trade
Increasing
100 metric tons
8.3% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
10% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand in pharmaceutical sector
Increased production and trade as it is a key intermediate for drug synthesis, particularly for compounds targeting metabolic disorders
2021-2023
Shift towards sustainable production methods
Manufacturers are adopting greener synthesis processes to comply with environmental regulations, potentially increasing production costs
2022-2023
Growing agrochemical applications
Expansion in pesticide and herbicide formulations is driving demand, especially in agricultural economies like India and Brazil
2020-2023
The European Union tightened REACH regulations for halogenated aldehydes, requiring stricter safety data sheets and handling protocols for p-(Trifluoromethyl)benzaldehyde.
June 2023
Potential increase in compliance costs for exporters to the EU, possibly affecting trade volumes from non-EU countries
China reduced export tax rebates for certain chemical intermediates, including those under HS 2913, to encourage domestic value addition.
March 2023
Slight reduction in export competitiveness from China, opening opportunities for other producers like Germany and India
A major Indian chemical manufacturer announced the commissioning of a new facility for fluorinated intermediates, including p-(Trifluoromethyl)benzaldehyde.
September 2022
Expected to boost India's export capacity and reduce reliance on imports, reshaping regional trade dynamics