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📦 Tapestry fabrics and upholstery fabrics of a weight not exceeding 140 g/m² (414)

Tapestry fabrics and upholstery fabrics of a weight not exceeding <il>140 g/m²</il> (414)

HS Code:

📦

Overview

Tapestry fabrics and upholstery fabrics of a weight not exceeding 140 g/m² (HS Code: 580500) are lightweight woven fabrics often used for decorative purposes, including wall hangings, furniture coverings, and other interior design applications. These fabrics are typically made from materials such as cotton, wool, silk, or synthetic fibers, and are valued for their intricate designs and textures. This category is a niche segment within the broader textile industry, often associated with artisanal and high-end markets.

Total Trade Volume

USD 150 million

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

8.5%

Highest Rate

12% (imposed by certain developing countries to protect local industries)

Lowest Rate

0% (under free trade agreements like EU-US or within ASEAN)

Common Restrictions

  • Import quotas in some countries to protect domestic textile industries
  • Stringent quality and safety standards for chemical treatments and dyes
  • Labeling requirements for material composition and country of origin

Market Trends

Growing demand for sustainable and eco-friendly fabrics

Increased focus on organic materials and low-impact dyes, driving innovation in production processes

2021-2022

Rising popularity of customized and artisanal designs

Boost in demand for handwoven and unique tapestry fabrics, especially in luxury markets

2020-2022

Shift toward synthetic blends for cost efficiency

Reduction in production costs but potential decline in perceived quality for high-end markets

2019-2022

Recent Developments

EU Green Deal Impact on Textile Imports

The European Union introduced stricter regulations under the Green Deal, mandating sustainability certifications for imported tapestry and upholstery fabrics.

January 2023

Increased compliance costs for exporters but potential market advantage for eco-certified producers.

India's Textile Export Promotion Scheme

India launched a new export promotion scheme offering rebates on duties for textile categories, including lightweight tapestry fabrics.

March 2022

Boosted Indian exports by making prices more competitive in global markets.

US-China Trade Agreement Update

A revised trade agreement reduced tariffs on certain textile categories, including upholstery fabrics, between the US and China.

September 2022

Slight increase in trade volume between the two countries, though overall US imports in this category declined.