HS Code:
Artificial corundum, whether or not chemically defined (HS Code: 2818.10), includes synthetic forms of corundum, a crystalline form of aluminum oxide, widely used as an abrasive material in industrial applications such as grinding, cutting, and polishing. It is also utilized in the production of refractory materials and ceramics due to its high hardness and resistance to heat. This category encompasses both chemically defined and undefined variants, reflecting different levels of purity and processing. Global trade in artificial corundum is driven by demand from industries such as manufacturing, construction, and electronics.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Rising demand in electronics manufacturing
Increased need for high-purity artificial corundum in semiconductor polishing applications, driving trade growth in Asia-Pacific.
2021-2022
Shift towards sustainable production
Manufacturers adopting eco-friendly processes due to regulatory pressures, slightly increasing production costs but improving market access in Europe.
2020-2022
Growth in renewable energy sector
Higher demand for corundum in solar panel manufacturing, boosting trade with countries investing in green energy.
2022
The European Union imposed provisional anti-dumping duties on artificial corundum imports from China, citing unfair pricing practices.
March 2023
Potential increase in prices for EU consumers and redirection of Chinese exports to other markets like Southeast Asia.
A leading German manufacturer announced a new energy-efficient production method for artificial corundum, reducing costs by 15%.
June 2023
Could enhance Germany's competitive edge in the global market, potentially increasing its export share.
A new trade pact reduced tariffs on industrial materials, including artificial corundum, fostering bilateral trade growth.
April 2022
Expected to boost India's export volume to Australia, supporting growth in the Asia-Pacific region.