About HS Code 291462
This code covers Coenzyme Q10 (CoQ10), also known as ubidecarenone, a vital compound in the pharmaceutical and nutraceutical industries. It's a key ingredient in dietary supplements for heart health, anti-aging creams, and certain medical treatments. Major importers are countries with large aging populations and strong consumer health markets, such as the USA, Japan, and EU nations. Exporters often include countries with advanced chemical synthesis capabilities like China, India, and some European countries. The trade involves high-purity bulk powder, often subject to stringent quality controls and regulatory approvals. Key things to know include its sensitivity to light and heat, requiring specific packaging and storage, and the varying purity levels available, which impact its application and price. The global demand is driven by increasing health consciousness and an aging global demographic, making it a significant commodity in the specialty chemicals sector.
Products Under This Code
Coenzyme Q10 powder, Ubidecarenone bulk, CoQ10 supplements raw material, Pharmaceutical grade CoQ10, Nutraceutical CoQ10, Cosmetic grade CoQ10
Real World Examples
Qunol CoQ10, Nature's Bounty CoQ10, Doctor's Best High Absorption CoQ10, NOW Foods CoQ10
Common Misclassification
This code is specifically for Coenzyme Q10. Other quinones fall under 291469, while anthraquinone is classified under 291461, leading to potential confusion if the specific quinone is not identified.
Products Classified Under 2914.62
Industry
This code belongs to the Chemicals industry.
Trade Overview
Top importers include the USA, Japan, and Germany; top exporters are China, India, and Switzerland.
Frequently Asked Questions
What is HS code 291462?
HS code 291462 covers: Quinones; coenzyme Q10 (ubidecarenone (INN)). This code covers Coenzyme Q10 (CoQ10), also known as ubidecarenone, a vital compound in the pharmaceutical and nutraceutical industries. It's a key ingredient in dietary supplements for heart health, anti-aging creams, and certain medical treatments. Major importers are countries with large aging populations and strong consumer health markets, such as the USA, Japan, and EU nations. Exporters often include countries with advanced chemical synthesis capabilities like China, India, and some European countries. The trade involves high-purity bulk powder, often subject to stringent quality controls and regulatory approvals. Key things to know include its sensitivity to light and heat, requiring specific packaging and storage, and the varying purity levels available, which impact its application and price. The global demand is driven by increasing health consciousness and an aging global demographic, making it a significant commodity in the specialty chemicals sector.
What products fall under HS code 291462?
Coenzyme Q10 powder, Ubidecarenone bulk, CoQ10 supplements raw material, Pharmaceutical grade CoQ10, Nutraceutical CoQ10, Cosmetic grade CoQ10
What are common misclassifications for HS code 291462?
This code is specifically for Coenzyme Q10. Other quinones fall under 291469, while anthraquinone is classified under 291461, leading to potential confusion if the specific quinone is not identified.
How is HS code 291462 structured?
HS code 291462 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (14) identify the heading, and digits 5-6 (62) specify the subheading. This code is standardized globally by the World Customs Organization.