HS Code:
Handles and knobs, not elsewhere specified or included, of plastics (HS Code: 3926.30) encompass a range of plastic fittings used primarily for furniture, doors, windows, and other applications. These products are essential components in various industries, including construction, automotive, and home appliances. They are valued for their durability, lightweight properties, and cost-effectiveness compared to metal alternatives. The global trade of this category reflects the demand for affordable and versatile hardware solutions in both developed and emerging markets.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.8%
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU Single Market or USMCA)
Shift towards sustainable materials
Increasing demand for handles and knobs made from recycled or biodegradable plastics due to environmental regulations and consumer preferences.
2021-2023
Growth in e-commerce for home improvement
Rising online sales of DIY furniture and hardware products have boosted demand for affordable plastic handles and knobs.
2020-2022
Automation in manufacturing
Adoption of automated production techniques has reduced costs and increased output, particularly in China and Taiwan.
2019-2023
The European Union introduced new regulations requiring plastic handles and knobs to meet higher recyclability and low-toxicity standards.
January 2023
Exporters from non-compliant regions may face higher compliance costs or restricted market access, while sustainable producers gain a competitive edge.
The United States extended tariffs on Chinese plastic hardware products, including handles and knobs, as part of ongoing trade disputes.
October 2022
Increased costs for US importers, potentially shifting sourcing to other countries like Taiwan or Vietnam.
Vietnam has seen a surge in production and export of plastic hardware due to lower labor costs and trade agreements like the CPTPP.
March 2023
Vietnam is becoming a viable alternative to China, diversifying global supply chains.