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Global Tariffs, Categorized

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📦 With an outside diameter not exceeding 50.8 mm

With an outside diameter not exceeding 50.8 mm

HS Code:

📦

Overview

The category 'With an outside diameter not exceeding 50.8 mm' typically falls under HS Code 7306.30 or related subcategories, which includes welded circular cross-section tubes, pipes, and hollow profiles of iron or steel. These products are widely used in industries such as construction, automotive, and manufacturing for structural and fluid transport applications. The category is significant due to its role in infrastructure development and industrial production globally.

Total Trade Volume

USD 12.5 billion

Data from 2022

Source

UN Comtrade Database

Tariff Analysis

Average Rate

5.2%

Highest Rate

25% (imposed by certain developing countries for market protection)

Lowest Rate

0% (under free trade agreements like EU Single Market or USMCA)

Common Restrictions

  • Anti-dumping duties on specific exporters (e.g., Chinese steel products)
  • Import quotas in some regions to protect domestic industries
  • Quality and safety certification requirements
  • Environmental compliance standards for production processes

Market Trends

Increased demand for lightweight materials

Growing preference for high-strength, low-weight steel tubes in automotive and aerospace industries is driving innovation and market growth.

2021-2022

Shift towards sustainable production

Manufacturers are adopting greener production methods to comply with environmental regulations, impacting cost structures and market competitiveness.

2020-2022

Rising infrastructure investments

Government-led infrastructure projects in Asia-Pacific and Africa are boosting demand for steel tubes and pipes in construction applications.

2019-2022

Recent Developments

US Imposes New Tariffs on Steel Imports

The United States introduced a 15% tariff on certain steel tube imports from specific countries to protect domestic manufacturers, impacting global supply chains.

March 2023

Potential increase in costs for US importers and redirection of trade flows to other markets.

EU Green Steel Initiative

The European Union launched a policy framework to encourage low-carbon steel production, including subsidies for manufacturers adopting sustainable practices.

January 2023

Likely to increase production costs in the short term but enhance long-term competitiveness of EU producers.

China's Export Restrictions on Steel

China implemented export restrictions on certain steel products, including small-diameter tubes, to prioritize domestic supply amidst rising internal demand.

July 2022

Global supply shortages and price increases for small-diameter steel tubes in international markets.