HS Code:
Pigment Orange 43, also known as Vat Orange 7 (chemical name: bisbenzimidazo[2,1-b:2',1'-i]benzo[lmn][3,8]phenanthroline-8,17-dione, CAS No. 4424-06-0), falls under HS Code 3204.15.20. It is a synthetic organic pigment used primarily in the textile, plastics, and coatings industries for its vibrant orange color and excellent lightfastness and heat stability. This vat dye is insoluble in water and requires a reduction process to be applied to fabrics, making it highly durable for industrial applications. It is particularly valued in high-performance applications due to its resistance to fading and chemical degradation.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
UN Comtrade Database and industry reports
$6.5 million USD
43.3% of total trade of total trade
Increasing
$3.2 million USD
21.3% of total trade of total trade
Increasing
$2.1 million USD
14.0% of total trade of total trade
Stable
$1.5 million USD
10.0% of total trade of total trade
Stable
$0.9 million USD
6.0% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
10% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for sustainable dyes
Increased R&D investment in eco-friendly production methods for vat dyes like Pigment Orange 43 to comply with environmental regulations
2021-2023
Growth in textile and automotive sectors
Higher demand for durable pigments in emerging markets like India and Southeast Asia for use in textiles and automotive coatings
2020-2022
Shift towards Asia-Pacific production
Lower production costs in China and India are driving a shift in manufacturing bases, affecting global trade patterns
2019-2023
The European Union updated REACH regulations to impose stricter controls on the use of synthetic dyes, including Pigment Orange 43, requiring detailed documentation on environmental impact.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volume from non-compliant producers.
China adjusted export tax rebates for chemical products, including vat dyes, to encourage domestic value addition and reduce raw material exports.
January 2022
Slight increase in prices for Pigment Orange 43 exported from China, affecting cost competitiveness in global markets.
A major Indian chemical manufacturer announced the opening of a new facility dedicated to high-performance pigments, including Vat Orange 7, to meet growing regional demand.
September 2022
Boosted India's export capacity, strengthening its position in the global market for this pigment.