HS Code:
The Polyvinyl Chloride (PVC) category, classified under HS Code 3904, encompasses polymers of vinyl chloride or other halogenated olefins, in primary forms. PVC is one of the most widely used synthetic plastic polymers globally, utilized in construction (pipes, cables, fittings), packaging, automotive components, and medical devices due to its durability, chemical resistance, and cost-effectiveness. This category includes both rigid and flexible forms of PVC, often traded as resins, powders, or granules before further processing into finished products.
Total Trade Volume
USD 20.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
15% (imposed by certain developing economies)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Shift toward sustainable alternatives
Growing demand for bio-based or recyclable plastics is pressuring PVC markets, though cost advantages maintain its dominance in construction.
2021-2023
Increased demand in developing economies
Rapid urbanization in Asia and Africa boosts demand for PVC in infrastructure projects, driving export growth from major producers like China.
2020-2022
Supply chain disruptions
Post-COVID logistics challenges and raw material shortages (e.g., chlorine) have led to price volatility in the global PVC market.
2021-2022
The European Union introduced new restrictions on PVC production and disposal to reduce environmental impact, focusing on phthalate plasticizers used in flexible PVC.
March 2023
Increased production costs for EU manufacturers and potential trade shifts toward non-regulated regions.
China announced investments in new PVC production facilities to meet rising global demand, particularly in Southeast Asia and Africa.
July 2022
Likely to intensify global competition and potentially lower prices, affecting smaller producers.
The United States initiated an anti-dumping investigation into PVC imports from specific Asian countries, alleging unfair pricing practices.
October 2022
Possible imposition of higher tariffs, which could reshape import patterns in the US market.