HS Code:
Can-sealing machines, classified under HS Code 8422.30, are specialized equipment used for sealing cans and other containers, primarily in the food and beverage industry. These machines ensure the airtight sealing of cans to preserve contents and extend shelf life. They are critical in industries requiring high-speed, automated packaging solutions and vary in design from manual to fully automated systems. Global demand is driven by the growth in canned food consumption, increasing automation in manufacturing, and stringent food safety regulations.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 320 million
26.7% of total trade of total trade
Increasing
USD 250 million
20.8% of total trade of total trade
Stable
USD 180 million
15.0% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Stable
Average Rate
4.5% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising automation in food processing
Increased demand for high-speed, automated can-sealing machines to improve efficiency and reduce labor costs.
2021-2023
Sustainability focus
Growing preference for eco-friendly machines with energy-efficient designs and compatibility with recyclable materials.
2020-2023
Growth in canned food consumption
Higher demand in emerging markets due to urbanization and changing consumer preferences for shelf-stable products.
2019-2023
The European Union announced a temporary reduction in tariffs on industrial machinery, including can-sealing machines, to support food processing industries post-pandemic.
January 2023
Expected to boost imports from non-EU countries like the US and China, increasing competition in the European market.
China introduced export subsidies for manufacturing equipment, including can-sealing machines, to strengthen its position in the global market.
March 2023
Likely to increase China's trade volume and put downward pressure on global prices.
Leading manufacturers in Germany and Italy unveiled new models of can-sealing machines with IoT integration for real-time monitoring and predictive maintenance.
September 2022
Encourages adoption in high-tech markets, potentially widening the technology gap with smaller manufacturers.