HS Code:
Injection molded thermoplastic dental restorative product dispenser closures fitting containers with a capacity of less than or equal to 50 ml fall under HS Code 3923.50.00. This category includes specialized plastic closures designed for small containers used in dental applications, such as dispensing restorative materials like composites or adhesives. These products are critical in the dental industry for ensuring precise application and maintaining the integrity of sensitive materials. They are typically manufactured through injection molding processes, ensuring high precision and durability. The global trade of these products is driven by the demand for dental care products, advancements in dental technology, and the increasing prevalence of dental procedures worldwide.
Total Trade Volume
USD 120 million
Data from 2022
Source
United Nations Comtrade Database, supplemented by industry reports
Average Rate
5.3%
Highest Rate
12.5% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as USMCA and EU-Japan EPA)
Growing demand for minimally invasive dental procedures
Increased need for precise dispensing solutions like thermoplastic closures for small-volume containers, driving market growth by approximately 6% annually
2022
Shift towards sustainable materials
Manufacturers are adopting bio-based and recyclable thermoplastics in response to environmental regulations, influencing production costs and trade dynamics
2021-2022
Technological advancements in injection molding
Improved precision and cost-efficiency in manufacturing have lowered barriers to entry, increasing competition and trade volumes from emerging markets
2020-2022
The European Union introduced stricter guidelines on the use of plastics in medical and dental applications, mandating higher recyclability and lower environmental impact for products like dispenser closures.
March 2023
This may increase production costs for manufacturers exporting to the EU but could also spur innovation in sustainable materials.
A new phase of trade negotiations between the US and China has reduced tariffs on certain plastic medical components, including dental dispenser closures, fostering greater market access.
January 2023
Expected to boost trade volume from China to the US by 10-15% over the next two years.
Increased dental tourism in countries like Thailand and India has driven demand for affordable dental restorative products, including specialized closures for small containers.
June 2022
This trend is likely to increase trade flows to the Asia-Pacific region, with a projected growth of 8% in imports for this category.