HS Code:
Staves, under the Harmonized System (HS) Code 4416, refer to wooden staves primarily used in the manufacture of barrels, casks, tubs, vats, and similar containers. These are typically made from oak or other hardwoods and are critical in industries such as winemaking, whiskey production, and other beverage aging processes. The trade of staves is influenced by the demand for premium alcoholic beverages, sustainability concerns in forestry, and regional wood availability.
Total Trade Volume
USD 250 million
Data from 2022
Source
United Nations Comtrade Database
USD 90 million
36% of total trade of total trade
Increasing
USD 60 million
24% of total trade of total trade
Stable
USD 30 million
12% of total trade of total trade
Increasing
USD 20 million
8% of total trade of total trade
Stable
USD 15 million
6% of total trade of total trade
Decreasing
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under EU and NAFTA agreements)
Rising demand for premium oak staves
Increased trade volume due to growth in the global wine and whiskey markets, particularly in Asia-Pacific regions
2021-2022
Shift toward sustainable sourcing
Higher costs for certified staves but improved market access in environmentally conscious regions like the EU
2020-2022
Technological advancements in stave production
Improved quality and consistency of staves, leading to higher export competitiveness for technologically advanced countries
2019-2022
The European Union introduced stricter regulations on imported wooden products, including staves, requiring proof of sustainable sourcing starting in 2023.
January 2023
Potential increase in costs for exporters without certification, but long-term benefits for sustainable producers
A new trade agreement reduced tariffs on wooden products, including staves, between the US and China, boosting export opportunities for American stave producers.
March 2022
Increased trade volume expected for US exporters targeting the growing Chinese wine market
Reports of potential oak shortages in France due to climate change and overharvesting have raised concerns among global barrel manufacturers.
July 2022
Possible price increases and shift toward alternative wood sources or regions like Eastern Europe