Statistics update

31 Jan 2019

 

BFPA Guidance for Recommended Fluid Power Related Trade and PRODCOM Codes for 2019

The BFPA Recommended Fluid Power related UK Tariff and Trade and PRODCOM Code Guidance document for 2019 been sent out to all BFPA and BFPDA members (main contacts only). This document lists the BFPA recommended trade codes for fluid power and related products for 2019 (i.e. a selection from the full TARIC which contains over 16,000 detailed product codes), and the 14 fluid power specific PRODCOM codes in class 2812 Manufacture of Fluid Power Equipment (i.e. a selection from the full list which contains around 4000 codes).

As far as BFPA is aware, there were only a few minor changes to the BFPA recommended trade code list for 2018 and the exemption thresholds for arrivals and dispatches remain unchanged again for 2018. New codes have been added to the list for hydraulic fluids and hose assembly equipment.

There have been no changes to the PRODCOM fluid power code list for 2019.

2018 BFPA Annual Surveys

All BFPA and BFPDA members have now been invited to reply to the 2018 annual surveys, which as always will be conducted under BFPA’s very strict confidentiality rules. These surveys are unique in the industry and only available to members who reply.

New joiners to BFPA monthly surveys

As always there is an open invitation at the start of each year to any member who would like to join our monthly surveys (we have three surveys for: hydraulic, pneumatic and distributors). These useful monthly surveys are in the form of indices and track the latest market conditions in the industry (see the chart below for an illustrative guide):

If you would like join one of our monthly surveys or need a copy of the 2019 trade code and PRODCOM code guidance document or if you have any other questions about the BFPA surveys, please contact Sarah Gardner at the BFPA on sarah@bfpa.co.uk