HS Code:
The category 'Cups having an outside diameter exceeding 203 mm but not exceeding 305 mm' typically falls under HS Code 7323.93 or related subcategories, which includes table, kitchen, or other household articles made of stainless steel or other metals. This specific size range often pertains to larger cups or mugs used for beverages, catering, or industrial purposes. These products are widely traded globally due to their utility in both household and commercial settings, with demand driven by hospitality sectors, retail, and manufacturing industries.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database & World Trade Organization (WTO)
USD 450 million
37.5% of total trade of total trade
Increasing
USD 180 million
15.0% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Stable
Average Rate
6.5% ad valorem
Highest Rate
25% (imposed by certain developing countries on imports to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA or USMCA)
Rising demand for sustainable materials
Increased preference for stainless steel and BPA-free materials over plastic alternatives has boosted trade in metal cups, especially in eco-conscious markets like the EU and North America.
2021-2022
Growth in e-commerce and customization
Online retail platforms have driven exports of personalized and branded cups, with manufacturers in China and India capitalizing on low-cost production and customization capabilities.
2020-2022
Supply chain disruptions
Post-COVID-19 logistics challenges and raw material shortages have led to price volatility and delays, impacting trade volumes temporarily in major exporting countries.
2021
The European Union introduced updated regulations under REACH requiring stricter testing for metal alloys used in household articles like cups to ensure consumer safety.
March 2023
Exporters to the EU, particularly from Asia, face higher compliance costs, potentially reducing trade volumes in the short term but ensuring long-term market access for compliant suppliers.
A partial rollback of tariffs on certain household metal goods, including cups, was negotiated as part of Phase One trade talks, reducing the tariff rate from 25% to 15% on specific HS codes.
January 2023
This has led to a moderate increase in Chinese exports of cups to the US, benefiting manufacturers but still leaving some uncertainty due to ongoing trade tensions.
Under the 'Make in India' initiative, the Indian government increased import duties on stainless steel household articles to encourage local production and reduce dependency on imports.
July 2022
This has reduced imports from China and other countries while boosting Indiaโs export potential as domestic capacity grows.