HS Code:
The 'Articles for Christmas Festivities and Parts and Accessories Thereof' category, classified under HS Code 9505.10, includes a wide range of products such as Christmas decorations, ornaments, artificial Christmas trees, nativity scenes, and related accessories. This category is highly seasonal, with demand peaking during the last quarter of the year. These products are primarily manufactured in countries with low labor costs and are distributed globally, catering to both consumer and commercial markets for holiday celebrations.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.1 billion
65.6% of total trade of total trade
Increasing
USD 0.3 billion
9.4% of total trade of total trade
Increasing
USD 0.2 billion
6.3% of total trade of total trade
Stable
USD 0.15 billion
4.7% of total trade of total trade
Stable
USD 0.1 billion
3.1% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements or preferential trade programs)
Shift towards sustainable and eco-friendly decorations
Increased demand for biodegradable ornaments and LED-based lighting, driving innovation in materials and production processes
2021-2022
Growth in e-commerce for holiday products
Direct-to-consumer sales channels have expanded, benefiting smaller exporters and increasing competition among suppliers
2020-2022
Rising production costs in traditional manufacturing hubs
Higher labor and raw material costs in countries like China are pushing some production to emerging markets like Vietnam and India
2022
The European Union introduced new safety regulations for Christmas lighting and decorations, requiring compliance with updated flammability and electrical safety standards.
June 2023
Exporters to the EU market must invest in compliance, potentially increasing costs but ensuring higher product safety and consumer trust.
Ongoing trade disputes have led to sustained tariffs on Chinese Christmas articles entering the US, prompting importers to diversify sourcing to other countries.
March 2023
Shift in supply chains, with countries like Vietnam and Thailand gaining market share in the US.
Post-COVID supply chain bottlenecks and rising shipping costs have delayed deliveries of Christmas articles, affecting seasonal availability.
October 2022
Retailers are stockpiling inventory earlier, increasing storage costs and altering traditional ordering patterns.