HS Code:
This category includes carrots that have been prepared or preserved, but not packed in salt, brine, or pickled, and are stored in airtight containers. These products fall under HS Code 2005.99.10, which covers a range of processed vegetable products. Such carrots are typically used in ready-to-eat meals, canned goods, or as ingredients in various food products. The preparation process may involve cooking, freezing, or other preservation methods to extend shelf life while maintaining nutritional value and flavor. This product category is significant in global trade due to the widespread demand for convenient, shelf-stable vegetable products in both developed and emerging markets.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$40 million USD
26.7% of total trade of total trade
Increasing
$30 million USD
20.0% of total trade of total trade
Stable
$25 million USD
16.7% of total trade of total trade
Increasing
$15 million USD
10.0% of total trade of total trade
Stable
$10 million USD
6.7% of total trade of total trade
Decreasing
Average Rate
8.5% ad valorem
Highest Rate
14.9% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for convenience foods
Increased exports of prepared carrots in airtight containers due to busy lifestyles and demand for ready-to-eat products, especially in urban areas of developed countries.
2021-2022
Shift towards sustainable packaging
Manufacturers are adopting eco-friendly airtight containers, influencing production costs and consumer preferences in markets like the EU.
2022
Growth in organic processed vegetables
A growing segment of organic prepared carrots is capturing market share, driven by health-conscious consumers in North America and Europe.
2020-2022
The European Union reduced tariffs on processed vegetables, including prepared carrots, for select trading partners under new bilateral agreements.
March 2023
Expected to boost exports from countries like the Netherlands and France to EU member states with lower trade barriers.
The United States updated its SPS requirements for imported preserved vegetables, mandating stricter testing for contaminants.
January 2023
May increase compliance costs for exporters but ensures higher safety standards, potentially benefiting consumer trust.
Logistical challenges and port delays in key Asian markets have temporarily reduced the availability of airtight container products, including prepared carrots.
October 2022
Short-term price increases and trade volume reductions for exporters targeting Asian markets.