HS Code:
Saturated chlorinated derivatives of acyclic hydrocarbons (HS Code: 2903.1) encompass a range of chemical compounds derived from acyclic hydrocarbons by replacing hydrogen atoms with chlorine. These include products like chloromethane, chloroform, and carbon tetrachloride. They are widely used as solvents, intermediates in chemical synthesis, refrigerants, and in the production of pharmaceuticals and agrochemicals. Due to environmental and health concerns, particularly with compounds like carbon tetrachloride (a known ozone-depleting substance), their production and trade are regulated under international agreements like the Montreal Protocol.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade of total trade
Increasing
USD 300 million
25.0% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Decreasing
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Stable
Average Rate
5.2%
Highest Rate
15% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift to eco-friendly alternatives
Decreasing demand for ozone-depleting chlorinated derivatives like carbon tetrachloride, with increased investment in substitutes.
2020-2022
Rising demand in pharmaceutical intermediates
Growing use of certain chlorinated derivatives in drug synthesis, particularly in emerging markets like India.
2021-2023
Stricter environmental regulations
Reduced production and trade in regulated compounds, pushing manufacturers to innovate or relocate to less-regulated regions.
2019-2022
Several countries have tightened controls on the production and trade of carbon tetrachloride and other ozone-depleting substances under the Kigali Amendment to the Montreal Protocol.
January 2023
Significant reduction in trade volumes of restricted compounds, with a shift toward alternative chemicals.
China introduced stricter export controls on certain chlorinated derivatives to meet domestic environmental targets, impacting global supply chains.
July 2022
Increased prices and supply shortages in dependent markets like Southeast Asia and Europe.
The European Union implemented new restrictions under the Green Deal framework, targeting a complete phase-out of certain chlorinated solvents by 2030.
March 2023
Decline in imports to the EU, pushing suppliers to focus on other regions or develop compliant products.