HS Code:
The 'Boned and cooked and packed in airtight containers' category typically includes processed meat products such as canned ham, corned beef, and other prepared or preserved meats that are boned, cooked, and sealed in airtight containers for long-term storage and distribution. These products are widely consumed globally due to their convenience, long shelf life, and suitability for various culinary applications. This category falls under the Harmonized System (HS) Code 1602, which covers prepared or preserved meat, meat offal, or blood. The global trade of these products is influenced by factors such as consumer demand for ready-to-eat foods, food safety regulations, and trade agreements.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 1.1 billion
21.2% of total trade of total trade
Increasing
USD 900 million
17.3% of total trade of total trade
Stable
USD 750 million
14.4% of total trade of total trade
Increasing
USD 600 million
11.5% of total trade of total trade
Stable
USD 450 million
8.7% of total trade of total trade
Increasing
Average Rate
12.5%
Highest Rate
35% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Growing demand for convenience foods
Increased exports of canned and preserved meats to urban markets in Asia and Africa due to rising consumer preference for ready-to-eat products.
2021-2022
Shift towards sustainable packaging
Manufacturers are adopting eco-friendly packaging solutions for airtight containers to meet consumer and regulatory demands, influencing production costs and trade dynamics.
2022
Impact of supply chain disruptions
Global supply chain issues, including shipping delays and raw material shortages, have led to fluctuating export volumes and higher prices for boned and cooked meat products.
2021-2022
Negotiations between the EU and Brazil have progressed, potentially reducing tariffs on processed meat products, including those in airtight containers, which could boost Brazilian exports to Europe.
June 2023
Expected to increase trade volume by 10-15% over the next two years if finalized.
The United States introduced stricter food safety regulations for imported canned meat products, requiring additional certifications and inspections.
March 2023
May lead to temporary trade slowdowns for exporters not yet compliant, particularly from developing countries.
China has ramped up investments in domestic production of boned and cooked meat products to reduce reliance on imports, impacting global trade patterns.
January 2023
Likely to decrease import volumes from major exporters like Brazil and the US in the short term.