HS Code:
The category 'Containing added coloring but not containing added flavoring matter' typically refers to products such as food colorings, dyes, or other substances used primarily for coloring purposes in food, beverages, or other applications, without imparting flavor. This category falls under specific HS codes (likely within chapters 32 or 21, depending on the specific product, such as food dyes or coloring agents). These products are crucial in industries like food processing, cosmetics, and textiles, where visual appeal is significant. Trade in this category is influenced by regulatory standards on food safety, consumer preferences for natural vs. synthetic colorants, and industrial demand.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 300 million
25% of global trade of total trade
Increasing
USD 200 million
16.7% of global trade of total trade
Stable
USD 150 million
12.5% of global trade of total trade
Increasing
USD 120 million
10% of global trade of total trade
Increasing
USD 80 million
6.7% of global trade of total trade
Stable
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)
Shift towards natural colorants
Increased demand for plant-based and organic coloring agents due to consumer preference for clean-label products, driving up trade in natural dyes like turmeric or beetroot extracts.
2021-2023
Regulatory tightening
Stricter regulations on synthetic colorants in regions like the EU and North America are reducing trade volumes of certain chemical-based products, pushing innovation in safer alternatives.
2020-2022
Growth in processed food industry
Rising global demand for processed and packaged foods, particularly in Asia-Pacific, is boosting the need for colorants, increasing trade volumes in this category.
2019-2023
The European Union implemented a ban on specific synthetic colorants linked to health concerns, requiring reformulation by manufacturers and affecting export markets.
January 2023
Reduced exports of synthetic colorants to the EU, with a shift towards natural alternatives; exporters from India and China adapting to meet new standards.
The FDA approved a new plant-based colorant for use in food products, spurring innovation and trade in natural coloring agents.
June 2022
Increased imports of raw materials for natural colorants into the US, benefiting exporters from regions like South America and Asia.
A new trade agreement reduced tariffs on food additives, including colorants, between India and Australia, facilitating greater market access.
April 2022
Boosted Indian exports of natural and synthetic colorants to Australia, with a projected 15% growth in trade volume over the next two years.