HS Code:
The 'Powders of non-lamellar structure' category, typically classified under HS Code 7205, includes iron or steel powders that are not of lamellar structure. These powders are primarily used in metallurgy, manufacturing, and industrial applications such as powder metallurgy for producing components with high strength and durability. This category encompasses a variety of granular materials essential for industries like automotive, aerospace, and electronics for creating specialized parts through processes like sintering.
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 250 million
20.8% of total trade of total trade
Stable
USD 180 million
15.0% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Stable
USD 100 million
8.3% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for powder metallurgy in automotive sector
Increased trade volumes as manufacturers seek lightweight, high-strength components for electric vehicles
2021-2022
Shift towards sustainable production methods
Higher production costs but improved market access in regions with strict environmental regulations
2020-2022
Technological advancements in powder processing
Enhanced product quality and application range, driving demand in high-tech industries like aerospace
2019-2022
The European Union introduced anti-dumping duties ranging from 8% to 12% on imports of non-lamellar iron powders from China to protect domestic producers.
March 2023
Potential shift in supply chains as European buyers may source more from Sweden and the US.
Under the USMCA trade agreement, tariff-free trade of non-lamellar structure powders between the US, Canada, and Mexico has boosted regional trade.
January 2023
Increased trade volume within North America, strengthening regional supply chains.
Major Swedish manufacturers announced a 20% increase in production capacity for high-quality iron powders to meet growing global demand.
June 2022
Likely to solidify Sweden’s position as the leading exporter in this category.