HS Code:
Peroxides of sodium or potassium, classified under HS Code 2815.30, are inorganic chemical compounds primarily used in industrial applications such as bleaching agents, disinfectants, and in the synthesis of other chemicals. Sodium peroxide (Na2O2) and potassium peroxide (K2O2) are strong oxidizers and are often utilized in specialized chemical processes, environmental applications, and laboratory settings. Due to their reactive nature, they are subject to strict handling and transportation regulations globally.
Total Trade Volume
Approximately USD 15 million
Data from 2022
Source
United Nations Comtrade Database
USD 4.5 million
30% of total trade of total trade
Increasing
USD 3.2 million
21% of total trade of total trade
Stable
USD 2.8 million
19% of total trade of total trade
Increasing
USD 1.5 million
10% of total trade of total trade
Stable
USD 1.2 million
8% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Growing demand in environmental applications
Increased use of sodium peroxide in water treatment and soil remediation is driving trade volumes, especially in Europe and North America.
2021-2022
Shift towards sustainable chemical processes
Manufacturers are adopting greener production methods, influencing supply chains and increasing costs, which may impact smaller exporters.
2020-2022
Rising production in Asia-Pacific
China and India are emerging as key suppliers due to lower production costs, reshaping global trade patterns and increasing competition.
2019-2022
The European Union introduced stricter REACH regulations for handling and importing peroxides, requiring additional compliance measures for exporters.
March 2023
Increased compliance costs for non-EU exporters, potentially reducing trade volumes from smaller suppliers.
A bilateral agreement reduced tariffs on certain chemical categories, including peroxides, fostering greater trade between the two nations.
January 2023
Boosted export potential for Chinese manufacturers to the US market, likely increasing trade volume by 10-15% in the next year.
A major German chemical company developed a new stabilization technique for sodium peroxide, improving safety and shelf life.
October 2022
Expected to increase demand for German exports, reinforcing Germany's position as a market leader.