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📦 Other cylindrical rollers

Other cylindrical rollers

HS Code:

📦

Overview

The 'Other Cylindrical Rollers' category (HS Code: 848291) includes cylindrical rollers used in various types of bearings, such as roller bearings for industrial machinery, automotive applications, and heavy equipment. These components are critical for reducing friction and supporting rotational or linear movement in mechanical systems. This category excludes rollers specifically classified under other bearing components and focuses on cylindrical shapes not covered by more specific HS codes. The global trade of these rollers reflects demand in manufacturing, automotive, and industrial sectors, with significant production and consumption tied to regions with strong industrial bases.

Total Trade Volume

USD 1.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.2% ad valorem

Highest Rate

12% (applied by certain developing economies)

Lowest Rate

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

Common Restrictions

  • Import quotas in specific markets to protect domestic bearing industries
  • Anti-dumping duties, particularly on Chinese exports in the EU and US
  • Technical standards and certification requirements for industrial components
  • Customs documentation for verifying material composition and origin

Market Trends

Rising demand for high-precision rollers in automotive and aerospace sectors

Increased trade volume in countries with advanced manufacturing capabilities like Germany and Japan

2021-2022

Shift towards automation and industrial robotics

Growing need for durable cylindrical rollers in robotic systems, boosting exports from tech-focused economies

2020-2022

Supply chain diversification post-COVID-19

Importers seeking alternative suppliers beyond China, benefiting countries like South Korea and India

2021-2023

Recent Developments

EU Imposes Anti-Dumping Duties on Chinese Rollers

The European Union introduced provisional anti-dumping duties ranging from 8% to 10% on Chinese cylindrical rollers to protect domestic manufacturers from unfair pricing practices.

March 2023

Potential shift in market share towards European and other Asian suppliers, increasing costs for EU importers reliant on Chinese products.

USMCA Rules of Origin Tightened for Bearing Components

New provisions under the USMCA agreement require higher regional content for bearing components, including cylindrical rollers, to qualify for tariff-free trade among the US, Mexico, and Canada.

January 2023

Encourages regional production but may increase costs for manufacturers reliant on Asian imports.

Japan-South Korea Trade Agreement on Industrial Components

A bilateral agreement reduced tariffs on industrial components, including cylindrical rollers, fostering greater trade between the two nations.

July 2022

Strengthens supply chains in East Asia, benefiting manufacturers in both countries with reduced costs and faster delivery times.