HS Code:
The category 'Of a capacity exceeding 0.33 liter but not exceeding 0.473 liter' typically refers to containers, bottles, or similar items under the Harmonized System (HS) Code related to glassware or plastic packaging (likely falling under HS chapters like 7010 for glass containers or 3923 for plastic containers). This category is widely used in the beverage, pharmaceutical, and cosmetic industries for packaging liquids such as water, soft drinks, medicines, or personal care products. The specific capacity range makes it suitable for single-serve or small-volume products, contributing to its high demand in global markets.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift towards sustainable materials
Increased demand for glass and biodegradable plastic containers due to environmental concerns, driving innovation in eco-friendly packaging
2021-2023
Growth in single-serve beverage consumption
Rising demand for small-capacity containers in the beverage sector, especially in urban and on-the-go markets
2020-2022
E-commerce packaging needs
Surge in demand for durable and lightweight containers for shipping liquids, fueled by online retail growth
2021-2023
The European Union introduced stricter regulations on single-use plastics, encouraging the use of glass or recyclable materials for containers in this capacity range.
July 2023
Likely to reduce plastic container exports to the EU while boosting glass container trade.
A new phase of trade negotiations reduced tariffs on packaging materials, including containers in this category, benefiting exporters from both countries.
March 2023
Expected to increase trade volume between the US and China by 10-15% in this category.
Several major manufacturers in Asia and Europe launched biodegradable alternatives for small-capacity containers to meet environmental standards.
January 2023
Shifts market preference away from traditional plastics, potentially increasing costs but improving sustainability.