HS Code:
The category 'Machines for opening, filling, and closing boxes' falls under HS Code 8422.30. This includes machinery used in packaging processes across various industries such as food and beverage, pharmaceuticals, and consumer goods. These machines are designed to automate the process of preparing boxes for product storage or shipment by opening, filling, and sealing them, thereby increasing efficiency and reducing manual labor costs. This category is critical in modern manufacturing and logistics, reflecting advancements in automation and industrial productivity.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 600 million
24% of total trade of total trade
Increasing
USD 450 million
18% of total trade of total trade
Stable
USD 400 million
16% of total trade of total trade
Increasing
USD 300 million
12% of total trade of total trade
Stable
USD 250 million
10% of total trade of total trade
Increasing
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for automation in packaging
Increased adoption of these machines in emerging markets due to labor cost savings and efficiency gains
2021-2023
Integration of IoT and smart technologies
Manufacturers are incorporating smart features for real-time monitoring and predictive maintenance, driving demand for advanced machinery
2022-2023
Sustainability focus in packaging
Growing preference for machines compatible with eco-friendly materials, influencing design and innovation
2020-2023
The European Union introduced updated safety and environmental standards for packaging machinery, requiring manufacturers to comply with new certifications.
June 2023
Increased production costs for exporters to the EU but improved safety and reliability for end-users.
A new phase of trade negotiations reduced tariffs on industrial machinery, including packaging equipment, between the US and China.
March 2023
Boosted trade volumes for Chinese manufacturers exporting to the US, enhancing market competitiveness.
A leading German manufacturer unveiled a new line of AI-driven machines for box filling and closing, promising 30% higher efficiency.
September 2022
Set a new industry benchmark, likely increasing Germanyโs market share in the short term.