HS Code:
Beryllium copper master alloy (HS Code: 740500) is a specialized alloy primarily used in industries requiring high strength, conductivity, and resistance to corrosion. This alloy, typically composed of copper with a small percentage of beryllium, serves as a master alloy for further alloying processes in manufacturing components for aerospace, electronics, automotive, and telecommunications industries. Its unique properties make it critical for applications such as connectors, springs, and non-sparking tools. Global trade in beryllium copper master alloy is driven by demand for advanced materials in high-tech and industrial sectors, though it is a niche market due to the high cost and specialized nature of the material.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$45 million USD
30% of global trade of total trade
Increasing
$30 million USD
20% of global trade of total trade
Stable
$25 million USD
17% of global trade of total trade
Increasing
$20 million USD
13% of global trade of total trade
Increasing
$15 million USD
10% of global trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing economies)
Lowest Rate
0% (under free trade agreements such as USMCA and EU-Japan EPA)
Rising demand in electronics and telecommunications
Increased trade volume due to the proliferation of 5G technology and miniaturized electronic components requiring high-performance materials like beryllium copper alloys.
2021-2023
Shift towards sustainable sourcing
Growing emphasis on environmentally responsible mining and processing of beryllium, influencing supplier selection and trade agreements.
2020-2022
Geopolitical supply chain concerns
Disruptions in beryllium supply due to limited raw material sources and geopolitical tensions, prompting diversification of supply chains.
2019-2023
The United States Department of Defense announced a limited release of beryllium from its strategic stockpile to address supply chain shortages for aerospace and defense applications.
March 2023
Temporary stabilization of prices and increased availability for US-based manufacturers, potentially boosting trade volumes.
The European Union updated its regulations on beryllium handling and processing, imposing stricter environmental and occupational safety standards.
January 2023
Increased compliance costs for exporters to the EU, potentially affecting trade flows and encouraging alternative material research.
China introduced tighter export controls on strategic materials, including beryllium alloys, citing national security concerns.
October 2022
Reduced export volumes from China, prompting importers to seek alternative suppliers in the US and Europe, reshaping trade patterns.