HS Code:
The Chimneys category, classified under HS Code 7308.90 (structures and parts of structures of iron or steel) and related codes, includes industrial and domestic chimney structures, flue liners, and associated components used for ventilation and exhaust systems in buildings and industrial facilities. This category encompasses products made from materials like steel, stainless steel, and ceramics, designed to withstand high temperatures and corrosive environments. Chimneys are critical for safety and environmental compliance in industries such as power generation, manufacturing, and residential heating.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database & World Trade Organization (WTO)
USD 250 million
20.8% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Increasing
USD 180 million
15.0% of total trade of total trade
Stable
USD 120 million
10.0% of total trade of total trade
Increasing
USD 90 million
7.5% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Shift towards energy-efficient and eco-friendly chimney systems
Increased demand for stainless steel and ceramic chimneys that support low-emission heating systems, driven by global carbon reduction goals.
2021-2023
Growth in industrial chimney demand
Rising industrialization in emerging economies like India and Brazil has boosted demand for large-scale chimney structures in power plants and factories.
2020-2022
Adoption of prefabricated chimney solutions
Prefabricated and modular chimney systems are gaining popularity due to reduced installation time and cost, particularly in residential markets.
2019-2023
The European Union introduced stricter regulations under the Ecodesign Directive, mandating lower emission thresholds for residential chimney systems linked to wood-burning stoves.
January 2022
Manufacturers must innovate to meet compliance, increasing production costs but also opening markets for advanced, eco-friendly chimney designs.
Ongoing trade disputes have led to additional tariffs on Chinese steel products, including chimney components, affecting pricing in the US market.
March 2023
US importers are diversifying supply chains, with increased sourcing from European and Southeast Asian countries.
The global push for renewable energy, particularly biomass and waste-to-energy plants, has driven demand for specialized industrial chimneys.
June 2023
Significant growth opportunities for manufacturers in regions investing heavily in green energy infrastructure.