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📦 Drying chambers for the clothes-dryers of subheading 8421.12 and other parts of clothes-dryers incorporating drying chambers

Drying chambers for the clothes-dryers of subheading 8421.12 and other parts of clothes-dryers incorporating drying chambers

HS Code:

📦

Overview

Drying chambers for clothes-dryers of subheading 8421.12 and other parts of clothes-dryers incorporating drying chambers fall under the Harmonized System (HS) Code 8421.99. This category includes components specifically designed for centrifugal clothes-dryers and other drying equipment used in household or industrial settings. These parts are critical for the functionality of clothes-dryers, facilitating the drying process through heat and air circulation. The global trade of these products is driven by demand in the household appliance sector, industrial laundry services, and manufacturing industries. Trade patterns are influenced by manufacturing hubs, technological advancements in dryer efficiency, and consumer demand for energy-efficient appliances.

Total Trade Volume

USD 1.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.3% ad valorem

Highest Rate

12% (applied by certain developing countries)

Lowest Rate

0% (under free trade agreements like EU Single Market or USMCA)

Common Restrictions

  • Import quotas in specific markets to protect domestic manufacturers
  • Safety and energy efficiency certification requirements
  • Anti-dumping duties in response to unfair pricing practices
  • Environmental regulations on materials used in manufacturing

Market Trends

Rising demand for energy-efficient drying solutions

Increased trade in components compatible with eco-friendly and smart clothes-dryers, driving innovation in drying chamber designs.

2021-2023

Shift in manufacturing to Asia-Pacific

Lower production costs in countries like China and Vietnam have led to a higher export share from the region, impacting traditional European exporters.

2020-2022

Integration of IoT in household appliances

Growing demand for advanced drying chambers with sensors and connectivity features, influencing trade toward high-tech component suppliers.

2022-2023

Recent Developments

EU Energy Efficiency Regulation Update

The European Union updated its energy efficiency standards for household appliances, including clothes-dryers, mandating stricter requirements for drying chamber components.

March 2023

Exporters to the EU market must adapt to comply with new standards, potentially increasing production costs but also opening opportunities for innovative suppliers.

US-China Trade Agreement Phase 2 Discussions

Negotiations between the US and China included discussions on reducing tariffs for appliance components, including drying chambers for clothes-dryers.

September 2023

Potential reduction in tariffs could boost trade volume between the two countries, benefiting Chinese exporters and US importers.

South Korea's Investment in Smart Appliance Tech

South Korea announced a government-backed initiative to fund R&D in smart appliance components, focusing on energy-efficient drying technologies.

July 2023

Expected increase in exports of high-tech drying chambers from South Korea, positioning it as a leader in the premium segment of the market.