HS Code:
This category under HS Code 3808.92.15 includes fungicidal product mixtures containing active ingredients such as Metalaxyl (CAS No. 57837-19-1), Penflufen (CAS No. 494793-67-8), and Prothioconazole (CAS No. 178928-70-6). These chemicals are widely used in agriculture as systemic fungicides to protect crops from fungal diseases. Metalaxyl targets oomycetes, Penflufen is effective against seed and soil-borne diseases, and Prothioconazole offers broad-spectrum control against foliar and stem diseases. These mixtures are critical in modern agriculture for ensuring crop yield and quality.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database & International Trade Centre (ITC)
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for sustainable agriculture
Increased scrutiny and demand for eco-friendly fungicide formulations, pushing manufacturers to innovate with lower environmental impact mixtures.
2021-2022
Growth in precision farming
Adoption of precision agriculture technologies has boosted the demand for specialized fungicide mixtures tailored to specific crops and regions.
2020-2022
Regulatory tightening in the EU
Stricter EU regulations on pesticide residues have led to reduced usage of certain active ingredients, impacting trade volumes to Europe.
2022
The European Union introduced tighter restrictions on fungicide mixtures containing Metalaxyl due to concerns over groundwater contamination.
March 2023
Potential reduction in exports to EU markets; manufacturers may need to reformulate products.
The patent for Prothioconazole expired in key markets, leading to an influx of generic formulations.
January 2023
Increased competition and potential price drops in the fungicide market.
Penflufen-based mixtures received regulatory approval in several Asia-Pacific countries for use in rice and wheat crops.
July 2022
Expected growth in trade volume to Asian markets, particularly India and Vietnam.