HS Code:
The 'Other grill, netting and fencing, welded at the intersection' category (typically classified under HS Code 731439) includes products made of iron or steel, used primarily in construction, agriculture, and industrial applications for fencing, enclosures, and protective barriers. These products are characterized by their welded intersections, which provide durability and strength compared to non-welded alternatives. This category excludes products specifically designed for chain-link fencing or other specialized uses covered under different HS codes.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 350 million
29.2% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Stable
USD 80 million
6.7% of total trade of total trade
Increasing
Average Rate
5.8% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU internal trade or USMCA)
Rising demand for durable fencing in agriculture
Increased exports from low-cost manufacturing hubs like China and Turkey to meet global agricultural needs, particularly in developing economies.
2021-2022
Shift towards sustainable materials
Growing preference for eco-friendly coatings and recycled steel in Europe and North America, influencing production methods and costs.
2020-2022
Urbanization driving construction sector demand
Higher imports in rapidly urbanizing regions like Southeast Asia and Africa for infrastructure and security fencing solutions.
2019-2022
The United States introduced a 7.5% additional tariff on certain steel products, including welded grills and fencing, citing unfair trade practices.
March 2023
Potential shift in market share to other exporters like Turkey and Mexico as US buyers seek alternative suppliers.
The European Union implemented stricter environmental standards for steel production, affecting imported welded fencing products.
January 2023
Increased compliance costs for exporters to the EU, favoring local producers with sustainable practices.
Turkish manufacturers announced investments in new facilities to boost output of welded fencing products for export markets.
July 2022
Likely to increase Turkey’s share in the global market, especially in the Middle East and Africa.