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📦 Acorns and horse-chestnuts

Acorns and horse-chestnuts

HS Code:

📦

Overview

The Acorns and Horse-Chestnuts category (HS Code: 230800) includes products derived from acorns and horse-chestnuts, primarily used for animal feed, industrial purposes, or as raw material in niche markets. These products are often processed into meal or pellets and are valued for their nutritional content in specific agricultural contexts. Global trade in this category is relatively niche compared to major agricultural commodities but plays a significant role in certain regional markets, particularly in Europe and parts of Asia where these resources are abundant.

Total Trade Volume

Approximately $50 million USD

Data from 2022

Source

United Nations Comtrade Database and International Trade Centre (ITC)

Tariff Analysis

Average Rate

5.2% ad valorem

Highest Rate

12% (applied by certain developing countries to protect local agriculture)

Lowest Rate

0% (under free trade agreements like EU internal trade or specific bilateral agreements)

Common Restrictions

  • Import quotas in some Asian markets to protect domestic feed industries
  • Phytosanitary requirements due to risk of pests and diseases
  • Labeling and certification requirements for animal feed safety

Market Trends

Growing demand for alternative animal feed

Increased interest in acorn-based feed as a sustainable and cost-effective alternative to traditional grains, especially in organic farming sectors

2021-2022

Sustainability focus in agriculture

Rising use of acorns and horse-chestnuts in eco-friendly farming practices, boosting trade in regions with strict environmental regulations

2020-2022

Fluctuating supply due to climate impact

Erratic weather patterns affecting oak tree yields, leading to supply chain disruptions and price volatility in key exporting countries

2019-2022

Recent Developments

EU Green Deal Impact on Feed Imports

The European Union's Green Deal has introduced new sustainability criteria for animal feed imports, including acorn-based products, encouraging local sourcing and reducing carbon footprints.

March 2023

Potential reduction in imports from non-EU countries, while boosting intra-EU trade for acorn products.

Spain's Acorn Harvest Recovery

After two years of poor harvests due to drought, Spain reported a significant recovery in acorn production, increasing export volumes to meet European demand.

October 2022

Stabilization of prices in the European market and increased availability for animal feed manufacturers.

China's New Feed Safety Regulations

China implemented stricter phytosanitary and safety regulations for imported feed materials, including acorns and horse-chestnuts, to prevent contamination risks.

January 2023

Slight delays in trade flows to China as exporters adapt to new certification processes, potentially increasing costs.