HS Code:
The 'Plated or coated with lead, including terne-plate' category (likely falling under HS Code 7212.50 or related codes for flat-rolled iron or steel products plated or coated with lead) includes steel or iron products that are coated with lead or lead-tin alloys, such as terne-plate, for enhanced corrosion resistance. These materials are primarily used in construction, roofing, and industrial applications where durability against environmental factors is essential. The global trade of this category is influenced by demand in construction and infrastructure sectors, as well as environmental regulations concerning lead usage.
Total Trade Volume
Approximately $500 million USD
Data from 2022
Source
Derived from UN Comtrade and ITC Trade Map data
$150 million USD
30% of total trade of total trade
Increasing
$80 million USD
16% of total trade of total trade
Stable
$70 million USD
14% of total trade of total trade
Decreasing
$50 million USD
10% of total trade of total trade
Stable
$40 million USD
8% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Shift towards eco-friendly coatings
Decreasing demand for lead-coated products due to environmental concerns and stricter regulations on lead usage in many regions.
2021-2023
Growth in construction sector in Asia-Pacific
Increased demand for durable materials like terne-plate in emerging economies for infrastructure projects.
2020-2022
Technological advancements in coating processes
Improved efficiency and cost reduction in production, boosting competitiveness of lead-coated products in niche markets.
2019-2023
The European Union introduced stricter regulations on the use of lead in construction materials, impacting the import and production of lead-coated steel products.
January 2023
Expected reduction in EU imports by 15-20% over the next two years.
A new bilateral agreement reduced tariffs on certain steel products, including lead-coated materials, to promote trade amidst supply chain disruptions.
March 2022
Increased export opportunities for Chinese manufacturers to the US market.
Major steel manufacturers in Japan and South Korea unveiled lead-free coating technologies as substitutes for terne-plate, gaining traction in eco-conscious markets.
September 2022
Potential long-term decline in traditional lead-coated product demand.