HS Code:
Condenser paper, classified under HS Code 4805.91, is a type of specialty paper used primarily in electrical applications, particularly in capacitors for insulation purposes. It is characterized by its high dielectric strength, low dielectric loss, and uniform thickness. This paper is often made from high-purity cellulose and is used in industries such as electronics, power systems, and telecommunications. The global trade of condenser paper is influenced by the demand for electronic components and advancements in energy storage technologies.
Total Trade Volume
USD 150 million
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Rising demand for renewable energy systems
Increased need for capacitors in wind and solar energy storage systems has boosted condenser paper demand by 8% annually.
2021-2022
Shift towards electric vehicles (EVs)
Growth in EV production has driven demand for high-performance capacitors, leading to a 10% rise in condenser paper imports in key markets.
2022
Technological advancements in capacitor design
Innovations requiring thinner and more efficient condenser paper have led to increased R&D investments by manufacturers.
2020-2022
The European Union introduced stricter quality and environmental standards for imported condenser paper to ensure safety in electrical applications and promote sustainability.
March 2023
Non-compliant exporters may face market access challenges, pushing manufacturers to adopt greener production methods.
A bilateral agreement reduced tariffs on specialty paper products, including condenser paper, from 7% to 3% to facilitate smoother trade between the two nations.
January 2023
Expected to increase Chinese exports to the US by 15% in the next two years.
Japan announced subsidies for local condenser paper manufacturers to reduce reliance on imports and strengthen supply chain resilience.
September 2022
May reduce import volumes in the short term but aims to stabilize domestic supply for critical industries.