HS Code:
Masonry drills, classified under HS Code 8207.50 (tools for drilling, other than for rock drilling), are specialized tools designed for drilling into hard materials such as concrete, brick, and stone. These drills are critical in construction, renovation, and industrial applications. They often feature carbide or diamond tips to withstand the rigors of drilling into tough surfaces. The global trade of masonry drills is influenced by construction activity, infrastructure development, and industrial manufacturing trends worldwide.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
UN Comtrade Database, International Trade Centre (ITC)
USD 450 million
37.5% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for durable and high-performance drills
Increased investment in R&D by manufacturers to develop carbide and diamond-tipped drills, boosting trade in premium products.
2021-2022
Growth in construction and infrastructure projects
Higher demand for masonry drills in emerging markets like India and Southeast Asia, driving export growth from major producers like China.
2020-2022
Shift towards cordless and battery-powered tools
Growing compatibility requirements for masonry drills with cordless systems, influencing design and trade patterns.
2019-2022
The European Union introduced provisional anti-dumping duties on certain Chinese-made drilling tools, including masonry drills, to protect local manufacturers.
March 2023
Potential shift in trade flows, with EU importers looking to alternative suppliers like South Korea or Japan.
The US government's $1.2 trillion infrastructure bill has led to a surge in construction projects, increasing demand for masonry drills and related tools.
November 2021
Significant rise in imports from China and Germany to meet the growing demand in the US market.
Major manufacturers have introduced drills with enhanced durability and precision, catering to industrial and professional users.
June 2022
Increased trade in high-value products, with a focus on premium markets in North America and Europe.