HS Code:
Pigment Orange 36 is an organic pigment classified under the Harmonized System (HS) Code 320417, which pertains to synthetic organic coloring matter, including pigments and preparations based thereon. Pigment Orange 36 is widely used in industries such as plastics, coatings, inks, and textiles due to its excellent lightfastness, heat resistance, and vibrant color properties. It belongs to the benzimidazolone group of pigments and is known for its high performance in demanding applications.
Total Trade Volume
Approximately $120 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$35 million USD
29.2% of total trade of total trade
Increasing
$28 million USD
23.3% of total trade of total trade
Increasing
$20 million USD
16.7% of total trade of total trade
Stable
$15 million USD
12.5% of total trade of total trade
Stable
$10 million USD
8.3% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Growing demand in automotive coatings
Increased use of Pigment Orange 36 in high-performance coatings for vehicles due to its durability and color stability, driving trade volumes upward by 8% annually.
2021-2022
Shift towards sustainable production
Manufacturers are adopting greener production processes to meet stringent environmental regulations, slightly increasing costs but improving market access in eco-conscious regions like the EU.
2020-2022
Rising competition from low-cost producers
Countries like China and India are increasing export volumes with competitive pricing, putting pressure on traditional leaders like Germany and the US.
2019-2022
The European Union updated its REACH regulations, imposing stricter guidelines on the import and use of synthetic pigments, including Pigment Orange 36, to ensure environmental safety.
March 2023
Exporters to the EU must invest in compliance, potentially increasing costs by 5-10%, but ensuring long-term market access.
China adjusted its export tax rebate policy for chemical products, including pigments, to encourage domestic production and export growth.
January 2023
This has led to a 12% increase in export volumes from China, intensifying global competition.
The United States imposed an additional 7.5% tariff on certain chemical imports from China, including pigments, as part of ongoing trade tensions.
September 2022
This has redirected some trade flows to alternative suppliers like India and Germany, benefiting their market share.