HS Code:
Anchors suitable for use with cameras of subheading 8525.80.40, designed to be affixed to cameras by means of an adhesive and incorporating tethers that may be tied to the anchors, fall under HS Code 3926.90.99. These products are typically made of plastic and are categorized as 'other articles of plastics and articles of other materials of headings 3901 to 3914.' They are essential accessories for securing cameras, particularly in dynamic or outdoor environments such as sports, adventure photography, and professional videography. These anchors ensure camera stability and safety by preventing accidental drops or damage.
Total Trade Volume
USD 12.5 million
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.3%
Highest Rate
12.5% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for action camera accessories
Increased trade volume due to popularity of adventure sports and vlogging, driving demand for secure mounting solutions like adhesive anchors.
2021-2022
Shift towards sustainable materials
Manufacturers are exploring biodegradable or recycled plastics for anchors to meet environmental regulations and consumer preferences.
2022
Technological integration
Incorporation of smart features like GPS-enabled tethers in premium products, increasing value per unit and market competitiveness.
2022-2023
The European Union updated its REACH regulations, imposing stricter requirements on plastic products, including camera anchors, to ensure they are free from harmful substances.
June 2023
Manufacturers exporting to the EU must adapt production processes, potentially increasing costs but ensuring market access.
Under the Phase 1 trade agreement, tariffs on certain plastic goods, including camera accessories, were reduced, boosting imports from China to the US.
January 2023
Increased trade volume from China, benefiting US consumers with lower prices but challenging domestic producers.
A leading manufacturer introduced a new line of reusable adhesive anchors with enhanced grip, targeting professional photographers and videographers.
March 2023
Expected to drive market growth as reusable products reduce long-term costs for users and align with sustainability goals.