HS Code:
The Single-stage, single-suction, frame-mounted category (typically classified under HS Code 8413.70, which includes centrifugal pumps) refers to a type of centrifugal pump designed for various industrial, agricultural, and municipal applications. These pumps are characterized by a single impeller and suction inlet, mounted on a frame for stability, and are widely used for water supply, irrigation, and industrial fluid transfer. They are valued for their simplicity, reliability, and cost-effectiveness in handling clean or slightly contaminated liquids.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
Average Rate
4.5%
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand for energy-efficient pumps
Manufacturers are investing in R&D to develop pumps with lower energy consumption, driven by global sustainability goals and regulations like the EU's Ecodesign Directive.
2021-2023
Growth in agricultural and water management sectors
Increased need for irrigation and water supply systems in developing regions, particularly in Asia and Africa, is boosting demand for cost-effective centrifugal pumps.
2020-2022
Shift towards smart and IoT-enabled pumps
Integration of IoT for real-time monitoring and predictive maintenance is becoming a competitive edge, though adoption is slower in price-sensitive markets.
2022-2023
The European Union updated its Ecodesign requirements for pumps, mandating higher energy efficiency ratings for single-stage centrifugal pumps starting in 2023.
January 2023
Exporters to the EU must adapt to comply with new standards, potentially increasing production costs but also opening opportunities for premium, efficient products.
Ongoing trade disputes have led to additional tariffs on Chinese-made centrifugal pumps entering the US market, prompting buyers to explore alternative suppliers.
Mid-2022
Diversification of supply chains, with increased imports from countries like India and Vietnam, though quality consistency remains a concern.
Several African nations, supported by international funding, have launched large-scale water management projects, increasing demand for affordable centrifugal pumps.
Late 2022
Significant growth opportunity for exporters, particularly from China and India, who offer competitive pricing for frame-mounted pumps.