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📦 Goods provided for in subheading 2106.90.46

Goods provided for in subheading 2106.90.46

HS Code:

📦

Overview

Subheading 2106.90.46 of the Harmonized System (HS) Code pertains to 'Other food preparations not elsewhere specified or included, containing sugar derived from sugar cane and/or sugar beet.' This category includes a variety of food preparations such as syrups, concentrates, and other sweetened products that do not fall under more specific classifications. These goods are widely used in the food and beverage industry for manufacturing purposes or as consumer products.

Total Trade Volume

USD 1.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

6.5% ad valorem

Highest Rate

12% (imposed by certain developing countries)

Lowest Rate

0% (under free trade agreements like EU-USMCA)

Common Restrictions

  • Quota limitations on sugar-derived products
  • Sanitary and phytosanitary (SPS) requirements
  • Labeling and packaging standards
  • Import licensing in specific markets

Market Trends

Rising demand for natural sweeteners

Increased trade volume as consumers shift towards cane and beet-derived sugar products over artificial sweeteners

2021-2022

Growth in processed food industry

Higher imports of food preparations for use in beverages and confectionery manufacturing

2020-2022

Sustainability concerns

Push for ethically sourced sugar products, affecting trade patterns with preference for certified suppliers

2022

Recent Developments

USMCA Tariff Reductions

Under the United States-Mexico-Canada Agreement, tariffs on sugar-derived food preparations were reduced to 0% for member countries, boosting trade.

January 2023

Increased exports from the US and Mexico to Canada by 15% in early 2023

EU Sugar Quota Reforms

The European Union revised its sugar production quotas, impacting the availability of beet-derived products for export under HS 2106.90.46.

October 2022

Slight reduction in EU exports due to internal market prioritization

Brazilian Export Surge

Brazil implemented incentives for sugar cane-derived product exports, leading to a significant increase in trade volume.

March 2023

Brazil's market share grew by 3% globally in this category