HS Code:
The product category under Harmonized System (HS) subheadings 0405.20.30, 2106.90.26, and 2106.90.36 primarily includes dairy spreads, certain food preparations containing dairy, and other edible preparations. Specifically, 0405.20.30 covers dairy spreads with a fat content between 39% and 60%, while 2106.90.26 and 2106.90.36 include food preparations not elsewhere specified, often containing dairy or sugar components used in beverages or desserts. These products are widely used in the food and beverage industry for both retail and industrial purposes.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
8.5%
Highest Rate
35% (applied by certain developing countries to protect local dairy industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Growing demand for plant-based alternatives
Increasing competition for traditional dairy spreads and preparations as consumers shift towards vegan and lactose-free options
2021-2023
Rise in health-conscious consumer preferences
Higher demand for low-fat and organic dairy spreads, influencing product innovation and marketing strategies
2020-2022
Supply chain disruptions due to geopolitical tensions
Trade flows affected by export restrictions and increased logistics costs, particularly in Europe and Asia
2022
The European Union finalized a trade agreement with several Asian countries to reduce tariffs on dairy preparations under HS 2106.90, boosting export potential.
June 2023
Expected to increase EU exports by 10% in the next two years, benefiting major exporters like the Netherlands and France.
The United States introduced new sanitary requirements for imported dairy spreads under HS 0405.20.30, citing health safety concerns.
March 2023
Likely to reduce imports from non-compliant countries, increasing costs for exporters to meet new standards.
Major food companies launched new lines of fortified dairy preparations under HS 2106.90.36, targeting health-conscious markets in North America and Europe.
September 2022
Expected to drive market growth in premium segments, though it may face competition from plant-based alternatives.