HS Code:
The category 'In immediate containers each holding more than 1.2 liters' typically falls under various HS Codes depending on the specific product (e.g., beverages, chemicals, or other liquids). This category generally includes products packaged in larger containers, often used for bulk distribution or industrial purposes. Common examples include bottled water, alcoholic beverages, and industrial chemicals. This category is significant in global trade due to its relevance in consumer goods, industrial supply chains, and food and beverage sectors. Trade in this category is influenced by factors such as packaging regulations, transportation costs, and consumer preferences for bulk purchases.
Total Trade Volume
USD 15.3 billion
Data from 2022
Source
United Nations Comtrade Database
USD 3.2 billion
20.9% of total trade of total trade
Increasing
USD 2.5 billion
16.3% of total trade of total trade
Stable
USD 1.8 billion
11.8% of total trade of total trade
Increasing
USD 1.5 billion
9.8% of total trade of total trade
Increasing
USD 1.2 billion
7.8% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
15% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift towards sustainable packaging
Increased demand for eco-friendly materials in containers, driving up production costs but appealing to environmentally conscious markets.
2021-2022
Growth in bulk beverage exports
Rising exports of bottled water and alcoholic beverages in containers over 1.2 liters, particularly from Europe to Asia-Pacific regions.
2020-2022
Digital tracking of shipments
Adoption of IoT and blockchain for tracking bulk liquid shipments, improving supply chain transparency and reducing losses.
2022
The European Union introduced stricter regulations on single-use plastic containers, mandating a shift to recyclable materials for containers over 1.2 liters by 2025.
March 2023
Expected to increase production costs for exporters to the EU but may create opportunities for sustainable packaging innovators.
The United States reduced tariffs on certain bulk liquid imports from China, including industrial chemicals in large containers, as part of a trade de-escalation agreement.
January 2023
Likely to boost imports from China, affecting domestic producers in the US market.
Ongoing disruptions due to geopolitical tensions and port congestion have delayed shipments of bulk liquids, impacting availability in key markets.
Mid-2022 to 2023
Increased transportation costs and lead times, prompting companies to seek regional suppliers.