HS Code:
The category under HS Code 3407 includes modeling pastes, often used for children's amusement, as well as preparations known as 'dental wax' or 'dental impression compounds'. These are typically put up in sets, in retail packaging, or in forms such as plates, horseshoe shapes, or sticks. Additionally, this category covers other preparations for use in dentistry with a basis of plaster (calcined gypsum or calcium sulfate). These products are essential in artistic, educational, and dental applications, with significant demand in both consumer and professional markets.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$35 million USD
23.3% of total trade of total trade
Increasing
$30 million USD
20.0% of total trade of total trade
Stable
$25 million USD
16.7% of total trade of total trade
Increasing
$15 million USD
10.0% of total trade of total trade
Stable
$10 million USD
6.7% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Growing demand for eco-friendly modeling pastes
Increased market share for biodegradable and non-toxic products, especially in Europe and North America
2021-2022
Rising use of advanced dental impression materials
Boost in trade volume for high-quality dental compounds driven by technological advancements in dentistry
2020-2022
Shift towards online retail channels
E-commerce platforms have expanded market access for smaller manufacturers, influencing global trade distribution
2019-2022
The European Union introduced stricter regulations on chemical compositions in modeling pastes for children's use, mandating non-toxic ingredients.
January 2023
Manufacturers exporting to the EU must adapt formulations, potentially increasing production costs but ensuring safer products.
Recent trade negotiations have reduced tariffs on dental preparation products between the US and China, facilitating smoother trade flows.
March 2023
Expected increase in export volumes from China to the US, benefiting dental supply chains.
A leading German company launched a new line of digital-ready dental impression compounds, gaining significant market attention.
June 2022
Strengthened Germany's position as a leader in high-value dental product exports.