HS Code:
Electrothermic waffle makers of a kind used for domestic purposes, with dual-sided plates positioned vertically and deep grids divided into equal quarters in a circular shape mold, featuring a funnel on top for batter pouring. These appliances are housed in stainless steel, equipped with a spout including a fill mark level and a release mechanism to open the housing for waffle removal. Classified under HS Code 8516.60.60, this category includes specialized kitchen appliances designed for ease of use and consistent waffle production in home settings.
Total Trade Volume
USD 250 million
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU Single Market)
Rising demand for premium kitchen appliances
Increased imports of high-end waffle makers with advanced features like stainless steel housing and precise batter control mechanisms in developed markets.
2021-2022
Growth in e-commerce platforms
Significant boost in cross-border sales of domestic waffle makers, driven by online marketplaces and direct-to-consumer shipping.
2020-2022
Focus on energy efficiency
Manufacturers are innovating to meet stringent energy standards, influencing trade by favoring compliant products in markets like the EU.
2022
The European Union introduced updated safety and energy efficiency regulations for electrothermic appliances, including waffle makers, requiring compliance by mid-2023.
January 2023
Potential delays in exports to the EU for non-compliant manufacturers; increased production costs for redesign and certification.
A revised trade agreement reduced tariffs on small kitchen appliances, including waffle makers, from China to the US, boosting trade volume.
March 2022
Increased imports from China to the US, benefiting Chinese manufacturers and US consumers with lower prices.
Leading manufacturers introduced new models with improved vertical plate designs and spill-proof funnels, gaining popularity in North American and European markets.
September 2022
Shift in consumer preference towards innovative designs, driving trade growth for brands offering these features.