HS Code:
Addressing machines and address plate embossing machines, classified under HS Code 8472.30, are specialized office equipment used for printing addresses on envelopes, labels, or other materials, and for embossing metal or plastic plates with address information. These machines are primarily used in mailing operations, direct marketing, and administrative tasks in businesses and postal services. While their usage has declined with the advent of digital printing and electronic communication, they remain relevant in niche markets and specific industries requiring physical addressing solutions.
Total Trade Volume
USD 25 million
Data from 2022
Source
United Nations Comtrade Database
Average Rate
4.5%
Highest Rate
8% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Decline in demand due to digital alternatives
Significant reduction in trade volume as businesses shift to email marketing and digital addressing solutions, particularly in developed economies.
2020-2022
Growth in niche markets
Increased demand in specific sectors such as personalized mailing services and small-scale logistics in emerging markets.
2021-2022
Technological integration
Manufacturers are integrating addressing machines with software solutions for hybrid digital-physical mailing, potentially stabilizing demand.
2022
The European Union reduced tariffs on office machinery, including addressing machines, to 0% under a new trade agreement with Japan, boosting imports from Japanese manufacturers.
January 2023
Expected increase in trade volume between EU and Japan, potentially affecting market shares of other exporters like the US.
China introduced subsidies for manufacturers of office equipment, including addressing machines, to capture a larger share of the global market.
March 2022
Increased competitiveness of Chinese products due to lower prices, challenging established players like Germany and the US.
The US implemented stricter environmental standards for imported office machinery, requiring compliance with energy efficiency and material safety norms.
September 2022
Potential trade barriers for non-compliant manufacturers, increasing costs for exporters to the US market.