HS Code:
Ductile fittings, classified under HS Code 7307, encompass a range of pipe fittings made from ductile iron, used primarily in water supply, sewage, and industrial piping systems. These fittings are valued for their strength, durability, and resistance to corrosion, making them essential in infrastructure projects worldwide. They include items such as elbows, tees, reducers, and flanges designed for high-pressure applications.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for infrastructure projects
Increased global demand for ductile fittings due to urbanization and water management projects, particularly in Asia and Africa.
2021-2023
Shift toward sustainable materials
Manufacturers are adopting eco-friendly production processes and recyclable materials to meet environmental regulations, influencing cost structures.
2022-2023
Supply chain disruptions
Post-COVID logistics challenges and raw material shortages have led to price volatility and delayed deliveries.
2021-2022
The US Department of Commerce announced additional anti-dumping duties on Chinese ductile iron fittings to protect domestic manufacturers.
June 2023
Expected to increase costs for US importers and potentially shift sourcing to India and Mexico.
New EU regulations under the Green Deal mandate stricter environmental compliance for ductile fittings manufacturers exporting to the region.
March 2023
Smaller exporters may struggle to meet compliance costs, consolidating market share among larger players.
Major Indian manufacturers have invested in expanding production facilities to meet growing domestic and export demand.
September 2022
Likely to strengthen India's position as a key supplier, potentially lowering global prices through economies of scale.