HS Code:
Equipment for scaffolding, shuttering, propping, or pit-propping (HS Code: 730840) includes structures and components made of iron or steel, used primarily in construction for temporary support during building, maintenance, or repair activities. This category encompasses items such as scaffolding frames, shuttering panels for concrete work, and props for supporting structures in mining or construction environments. These products are critical for ensuring safety and efficiency in construction projects globally.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand in emerging economies
Increased infrastructure projects in Asia and Africa are driving demand for scaffolding and shuttering equipment, boosting export opportunities for major producers like China and South Korea.
2021-2023
Shift towards lightweight and modular designs
Manufacturers are focusing on aluminum and composite materials to reduce weight and improve ease of assembly, influencing trade patterns toward high-value products.
2020-2022
Sustainability and recycling initiatives
Growing emphasis on sustainable construction practices is pushing demand for reusable and recyclable equipment, impacting production and trade policies.
2022-2023
The European Union introduced provisional anti-dumping duties ranging from 8% to 35% on scaffolding equipment from China to protect domestic manufacturers.
March 2023
This could lead to a shift in trade flows, with EU importers potentially sourcing from alternative countries like South Korea or Turkey.
Major infrastructure projects in countries like Indonesia and Vietnam have led to a surge in demand for scaffolding and propping equipment, with imports rising by 20% year-on-year.
June 2023
Exporters, particularly from China and South Korea, are expected to see sustained growth in this region.
The US and Canada updated safety regulations for scaffolding equipment, mandating stricter compliance with ANSI and CSA standards.
January 2023
Manufacturers may face higher compliance costs, potentially affecting export competitiveness for smaller players.