HS Code:
Polymers of vinyl chloride or of other halogenated olefins, in primary forms (HS Code: 3904), include materials such as polyvinyl chloride (PVC) and other halogenated olefin polymers. These are widely used in construction (pipes, cables, and fittings), packaging, automotive components, and medical devices due to their durability, chemical resistance, and cost-effectiveness. This category encompasses raw forms of these polymers, such as powders, granules, or liquids, which are further processed into final products. The global trade of these materials is driven by industrial demand, infrastructure development, and manufacturing activities, particularly in emerging economies.
Total Trade Volume
USD 25.6 billion
Data from 2022
Source
United Nations Comtrade Database
USD 5.2 billion
20.3% of total trade of total trade
Increasing
USD 3.8 billion
14.8% of total trade of total trade
Stable
USD 2.9 billion
11.3% of total trade of total trade
Stable
USD 2.1 billion
8.2% of total trade of total trade
Increasing
USD 1.8 billion
7.0% of total trade of total trade
Decreasing
Average Rate
6.5% ad valorem
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for sustainable alternatives
Increased R&D investments in bio-based and recyclable PVC alternatives due to environmental concerns over traditional PVC production and disposal.
2021-2023
Growth in construction sector in Asia-Pacific
Significant increase in demand for PVC in pipes, cables, and fittings, driven by urbanization and infrastructure projects in countries like India and Indonesia.
2020-2022
Supply chain disruptions
Global shortages and price volatility due to COVID-19-related disruptions and geopolitical tensions affecting raw material supply.
2020-2022
The European Union has introduced stricter regulations under the Green Deal to phase out certain plasticizers used in PVC production, pushing manufacturers to adopt greener alternatives.
January 2023
Increased production costs for European manufacturers but potential long-term benefits in market access due to compliance with sustainability standards.
The United States imposed additional tariffs on Chinese PVC imports as part of ongoing trade disputes, citing unfair pricing practices.
March 2022
Shift in supply chains with other Asian countries like South Korea and Taiwan gaining market share in the US.
New chemical recycling technologies for PVC have been piloted in Japan, allowing for better recovery and reuse of halogenated polymers.
September 2022
Potential reduction in raw material costs and environmental footprint, strengthening market competitiveness for adopting companies.