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📦 Of noncellular rubber

Of noncellular rubber

HS Code:

📦

Overview

The 'Of noncellular rubber' category, classified under HS Code 4008, includes products such as sheets, strips, rods, and profiles made of noncellular (solid) rubber, whether or not vulcanized. These products are widely used in industries like automotive, construction, and manufacturing for sealing, insulation, and vibration dampening purposes. This category excludes cellular rubber products and focuses on solid rubber forms that are critical for durable and heavy-duty applications.

Total Trade Volume

USD 5.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.5%

Highest Rate

12% (imposed by certain developing countries to protect domestic industries)

Lowest Rate

0% (under free trade agreements like EU-Japan EPA or USMCA)

Common Restrictions

  • Import quotas in select markets to control oversupply
  • Anti-dumping duties on specific exporters (e.g., targeted measures against Chinese exports)
  • Quality and safety standards requiring certification (e.g., ISO compliance)

Market Trends

Rising demand in automotive sector

Increased use of noncellular rubber in gaskets, seals, and hoses due to growth in electric vehicle production, driving trade volume up by 8% annually.

2021-2022

Shift towards sustainable materials

Growing preference for recycled or bio-based rubber products, prompting exporters to adapt to green regulations, especially in the EU market.

2022

Supply chain disruptions

Global shipping delays and raw material shortages (natural rubber) have led to price volatility, affecting trade flows by 5-7% in key markets.

2021-2022

Recent Developments

EU Imposes New Sustainability Standards

The European Union introduced stricter regulations on rubber imports, mandating traceability and lower carbon footprints for noncellular rubber products.

June 2023

Exporters from developing countries may face higher compliance costs, potentially reducing their market share by 3-5% in the short term.

US-China Trade Agreement Update

A revised trade agreement reduced tariffs on noncellular rubber products from China to the US, boosting bilateral trade in this category.

March 2023

Chinese exports to the US increased by 10% in Q2 2023, reshaping competitive dynamics in the North American market.

Thailand Expands Production Capacity

Thailand, a major rubber producer, invested in new processing facilities to increase output of noncellular rubber products for export.

September 2022

Thailand’s trade volume grew by 12%, strengthening its position as a key supplier in Asia-Pacific markets.