HS Code:
The category 'Cups having an outside diameter not exceeding 102 mm' typically falls under HS Code 7323.93 or related subcategories, depending on the material (often stainless steel or other metals) and specific use (e.g., household or industrial). This category includes small cups or containers used for drinking, measuring, or other purposes, with a diameter constraint of 102 mm or less. These products are widely traded globally due to their utility in households, catering, and specialized industries. The trade of such products is influenced by material costs, manufacturing capabilities, and consumer preferences for durable or disposable options.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database and ITC Trade Map
$450 million USD
37.5% of total trade of total trade
Increasing
$180 million USD
15.0% of total trade of total trade
Stable
$150 million USD
12.5% of total trade of total trade
Increasing
$100 million USD
8.3% of total trade of total trade
Increasing
$80 million USD
6.7% of total trade of total trade
Stable
Average Rate
6.5% ad valorem
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand for eco-friendly materials
Increased trade in stainless steel and biodegradable cups, reducing reliance on plastic alternatives.
2021-2022
Growth in e-commerce platforms
Smaller manufacturers and exporters gain access to global markets, boosting trade volumes from countries like India and Vietnam.
2020-2022
Shift towards premium and customized products
Higher value per unit for exports from countries like Germany and Japan, catering to niche markets.
2019-2022
The European Union introduced new regulations requiring all metal cups to meet enhanced food safety and recyclability standards, impacting exporters from non-EU countries.
March 2023
Increased compliance costs for exporters, potentially reducing trade volumes from non-compliant regions.
A revised trade agreement between the US and China reduced tariffs on certain household metal products, including small cups, fostering greater market access.
January 2023
Boosted exports from China to the US, contributing to a 10% increase in trade volume for this category.
India launched a subsidy program under the โMake in Indiaโ initiative to promote the export of stainless steel products, including cups with diameters under 102 mm.
October 2022
Significant rise in Indiaโs market share, with a projected growth of 15% in exports for 2023.