HS Code:
The 'Containing added flavoring or coloring matter' category, often classified under various HS Codes depending on the specific product (e.g., HS 2106.90 for food preparations or HS 3204 for synthetic organic coloring matter), includes products that have been enhanced with flavoring or coloring agents. This category spans a wide range of goods, including food and beverage products, confectionery, and industrial coloring agents used in manufacturing. These products are integral to industries such as food processing, cosmetics, and textiles, where aesthetic appeal and sensory enhancement are critical. Global trade in this category is driven by consumer demand for visually appealing and flavorful products, as well as industrial applications in various sectors.
Total Trade Volume
USD 15.3 billion
Data from 2022
Source
United Nations Comtrade Database
USD 3.2 billion
20.9% of total trade of total trade
Increasing
USD 2.1 billion
13.7% of total trade of total trade
Stable
USD 1.8 billion
11.8% of total trade of total trade
Increasing
USD 1.5 billion
9.8% of total trade of total trade
Increasing
USD 1.2 billion
7.8% of total trade of total trade
Stable
Average Rate
6.5%
Highest Rate
25% (applied by certain developing countries on food products to protect local industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for natural flavoring and coloring agents
Shift towards organic and plant-based additives due to consumer preference for clean-label products, impacting synthetic additive markets negatively.
2021-2023
Growth in processed food consumption in emerging markets
Increased exports of flavored and colored food products to regions like Asia-Pacific and Africa, boosting trade volumes.
2020-2022
Regulatory tightening on artificial additives
Stricter regulations in the EU and North America on artificial colors and flavors, pushing manufacturers to innovate with safer alternatives.
2019-2023
The European Union implemented a ban on specific artificial colorants like Red 40 due to potential health risks, affecting exporters to the region.
January 2023
Exporters from the US and Asia are reformulating products to comply with EU standards, potentially increasing costs but ensuring market access.
A new phase of the US-China trade agreement reduced tariffs on flavored food preparations, boosting bilateral trade in this category.
March 2022
Increased exports of flavored products from the US to China, contributing to a 15% rise in trade volume between the two countries.
Major food companies in Germany and the Netherlands introduced new natural flavoring solutions derived from plant extracts, gaining traction in the market.
September 2022
Enhanced competitiveness of European exporters in the natural additives segment, potentially reshaping market shares globally.