HS Code:
Tribromocumene, classified under HS Code 2903.99 (Halogenated derivatives of aromatic hydrocarbons), is a specialized chemical compound primarily used as a flame retardant in various industrial applications, including plastics, textiles, and electronics. Its unique properties make it valuable in enhancing fire safety standards across multiple sectors. Due to its niche application, the global trade of Tribromocumene is relatively limited compared to broader chemical categories, but it remains critical in specific industries.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$20 million USD
40% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Stable
$8 million USD
16% of total trade of total trade
Increasing
$5 million USD
10% of total trade of total trade
Decreasing
$3 million USD
6% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
10% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for flame retardants in electronics
Increased production and export from major manufacturing hubs like China due to growth in consumer electronics and electric vehicle industries.
2021-2022
Shift towards eco-friendly alternatives
Decline in demand in regions with stringent environmental regulations, pushing innovation for greener substitutes.
2020-2022
Supply chain disruptions
Global trade delays and price volatility due to COVID-19 pandemic effects and geopolitical tensions.
2020-2021
The European Union has introduced stricter guidelines under REACH for the use of halogenated flame retardants, including Tribromocumene, citing environmental and health concerns.
June 2023
Potential reduction in EU imports, pushing exporters to focus on alternative markets or develop compliant products.
Several Chinese chemical manufacturers have expanded facilities to meet growing global demand for flame retardants, solidifying China's position as the leading exporter.
March 2023
Increased supply may lead to competitive pricing, benefiting importers but challenging smaller producers.
The United States has adjusted tariffs on certain chemical imports from China, including halogenated derivatives, as part of ongoing trade negotiations.
January 2023
Possible cost increases for US importers, potentially shifting sourcing to other countries like Germany or India.