HS Code:
Phenyl ((3-((dimethylamino)carbonyl)-2-pyridinyl)sulfonyl) carbamate, with CAS No. 112006-94-7, falls under HS Code subheading 2935.90.75. This chemical compound belongs to the category of sulfonamides, which are primarily used in the synthesis of agrochemicals, particularly herbicides. It serves as an intermediate in the production of crop protection agents that target weed control in agricultural settings. Due to its specialized application, trade in this product is niche but significant within the agrochemical industry, driven by demand for high-yield agricultural solutions.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
Estimated based on data from UN Comtrade and industry reports
$20 million USD
40% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Increasing
$8 million USD
16% of total trade of total trade
Stable
$5 million USD
10% of total trade of total trade
Stable
$3 million USD
6% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as USMCA or EU-Japan EPA)
Rising demand for sustainable agriculture
Increased need for effective herbicides drives demand for intermediates like this compound, though there is pressure to develop eco-friendly alternatives.
2021-2023
Shift in production to Asia-Pacific
Lower production costs in countries like China and India have led to a concentration of manufacturing, impacting global trade flows.
2020-2022
Regulatory tightening in the EU and US
Stricter environmental and safety regulations have slowed market entry for new suppliers and increased compliance costs.
2019-2023
The European Union introduced updated REACH regulations affecting sulfonamide intermediates, requiring additional safety data submissions.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volume from non-compliant suppliers.
A new phase of the US-China trade agreement reduced tariffs on certain chemical intermediates, including those under HS 2935.90.75.
January 2023
Boosted exports from China to the US, reinforcing China's dominance in this category.
Significant investments by multinational corporations in India's agrochemical manufacturing have increased production capacity for intermediates like this compound.
October 2022
Enhanced India's position as a key exporter, potentially challenging China's market share.