HS Code:
Sodium chloroacetate (HS Code: 2915.40) is a chemical compound used primarily as an intermediate in the production of herbicides, such as 2,4-D, and in the synthesis of carboxymethyl cellulose (CMC), surfactants, and other industrial chemicals. It is a critical raw material in agrochemicals, textiles, and pharmaceuticals, with its demand closely tied to agricultural and industrial activities globally.
Total Trade Volume
USD 150 million
Data from 2022
Source
United Nations Comtrade Database, ITC Trade Map
Average Rate
5.5% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-India FTA for specific partners)
Rising demand for herbicides
Increased global agricultural activities, especially in Asia-Pacific, are driving demand for sodium chloroacetate as a key herbicide intermediate.
2021-2023
Shift toward sustainable chemicals
Growing environmental concerns are pushing manufacturers to adopt greener production methods, impacting cost structures and market dynamics.
2022-2023
Supply chain disruptions
Post-COVID-19 logistics challenges and raw material shortages have led to price volatility and supply constraints in key markets.
2020-2022
The European Union introduced provisional anti-dumping duties ranging from 8% to 15% on sodium chloroacetate imports from China to protect domestic producers.
March 2023
This has led to a shift in supply chains, with buyers in Europe looking toward Indian and domestic suppliers, potentially increasing costs.
Major Indian chemical manufacturers announced plans to expand sodium chloroacetate production capacity by 25% to meet rising domestic and export demand.
July 2023
This is expected to strengthen India's position as a key exporter, especially to Europe and Southeast Asia, while potentially lowering prices due to economies of scale.
China implemented stricter environmental regulations on chemical manufacturing, leading to temporary shutdowns of smaller sodium chloroacetate production units.
January 2023
This has caused a short-term supply shortage, increasing global prices and benefiting competitors in India and Europe.