HS Code:
Beryllium copper, classified under HS Code 7405 (Master alloys of copper), is a copper alloy with small amounts of beryllium, known for its high strength, conductivity, and corrosion resistance. It is widely used in industries such as aerospace, electronics, and telecommunications for applications like connectors, springs, and tools that require non-sparking and non-magnetic properties. This category represents a niche but critical segment of the global metal alloy market, with demand driven by technological advancements and industrial needs.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
International Trade Centre (ITC) Trade Map and UN Comtrade Database
$45 million USD
30% of total trade of total trade
Increasing
$30 million USD
20% of total trade of total trade
Stable
$25 million USD
17% of total trade of total trade
Increasing
$20 million USD
13% of total trade of total trade
Increasing
$15 million USD
10% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Growing demand in electronics and telecommunications
Increased need for beryllium copper in connectors and components due to 5G technology rollout and miniaturization of devices
2021-2023
Rising environmental regulations
Stricter controls on beryllium mining and processing are increasing production costs and affecting supply chains
2020-2022
Shift towards alternative materials
Research into substitutes like phosphor bronze may reduce long-term demand for beryllium copper in certain applications
2022-2023
The US government announced funding to boost domestic production of strategic materials, including beryllium copper, to reduce reliance on imports.
June 2023
Likely to increase US market share and stabilize prices for North American buyers
New EU regulations on workplace exposure limits for beryllium have been implemented to protect workers, impacting production costs.
January 2023
May lead to higher prices in the European market and encourage sourcing from regions with less stringent rules
China has ramped up production and export of beryllium copper alloys, targeting electronics manufacturers in Asia-Pacific.
March 2023
Increased competition for traditional exporters like the US and Germany, potentially lowering global prices