HS Code:
The Wet Machine Board category, often classified under HS Code 4805 (Other uncoated paper and paperboard, in rolls or sheets), includes paperboard produced through a wet process, typically used for industrial and packaging purposes. This category encompasses products like pressboard, insulating board, and other specialty boards that are manufactured by wet-laid processes, offering unique properties such as high density and strength. These materials are critical in industries like electrical insulation, automotive, and construction.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database & International Trade Centre (ITC)
$250 million USD
20.8% of total trade of total trade
Increasing
$200 million USD
16.7% of total trade of total trade
Stable
$180 million USD
15.0% of total trade of total trade
Increasing
$120 million USD
10.0% of total trade of total trade
Stable
$100 million USD
8.3% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Growing demand for sustainable packaging solutions
Increased adoption of wet machine board in eco-friendly packaging, driving market growth by 3-5% annually
2021-2023
Rising use in electrical insulation
Expansion in renewable energy projects boosts demand for insulating boards, especially in Europe and North America
2022
Technological advancements in production
Improved wet-laid processes reduce production costs, making wet machine board more competitive against alternatives
2020-2022
The European Union introduced stricter sustainability certification requirements for imported paperboard products, including wet machine board, to ensure compliance with environmental goals.
January 2023
Exporters from non-compliant regions may face higher costs or market access barriers, while EU producers gain a competitive edge.
Negotiations between the US and China reduced tariffs on certain paperboard categories, including wet machine board, as part of broader trade talks.
October 2022
Increased export opportunities for Chinese manufacturers to the US, potentially shifting trade dynamics.
A leading German manufacturer announced a breakthrough in recycling wet machine board, enhancing its appeal in circular economy initiatives.
March 2023
Likely to boost demand in markets prioritizing sustainability, especially in Europe.