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📦 Food preparations not elsewhere specified or included

Food preparations not elsewhere specified or included

HS Code:

📦

Overview

The category 'Food preparations not elsewhere specified or included' under HS Code 2106 encompasses a wide range of processed food products that do not fall under other specific food categories. This includes items like protein concentrates, flavored or colored sugar syrups, food supplements, and other miscellaneous edible preparations. These products are often used in the food and beverage industry for further processing or as consumer-ready goods.

Total Trade Volume

USD 45.6 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

6.5%

Highest Rate

35% (applied by certain developing countries to protect local industries)

Lowest Rate

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

Common Restrictions

  • Import quotas in some countries to protect domestic agriculture
  • Strict labeling and safety regulations, especially in the EU and US
  • Sanitary and phytosanitary (SPS) measures for food safety
  • Specific certification requirements for health supplements

Market Trends

Growing demand for health and wellness products

Increased trade in protein concentrates and dietary supplements as consumers focus on fitness and nutrition

2020-2022

Rise in plant-based food preparations

Surge in exports of vegan and vegetarian food preparations due to shifting dietary preferences globally

2021-2023

Supply chain disruptions due to geopolitical tensions

Temporary trade slowdowns in key regions due to conflicts and export restrictions on food products

2022

Recent Developments

EU Updates Food Safety Regulations

The European Union introduced stricter regulations on food additives and labeling for food preparations under HS Code 2106 to ensure consumer safety and transparency.

March 2023

Exporters to the EU market must adapt to new compliance requirements, potentially increasing costs but ensuring market access.

US-China Trade Agreement on Food Products

A new bilateral agreement reduced tariffs on certain food preparations, boosting trade volumes between the two countries.

January 2023

Increased export opportunities for US manufacturers and improved supply for Chinese consumers.

Global Supply Chain Recovery Post-Pandemic

Recovery of logistics and shipping networks has facilitated a rebound in trade volumes for food preparations after COVID-19 disruptions.

Mid-2022

Stabilization of prices and improved availability of products in international markets.