COMMISSION IMPLEMENTING REGULATION (EU) 2023/1452
of 13 July 2023
imposing a definitive anti-dumping duty on imports of certain continuous filament glass fibre products originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council
1.
PROCEDURE
1.1.
Previous investigations and measures in force
1.2.
Initiation of an expiry review
1.3.
Review investigation period and period considered
1.4.
Interested parties
1.5.
Sampling
1.5.1.
Sampling of Union producers
1.5.2.
Sampling of importers
1.5.3.
Sampling of exporting producers in the PRC
1.6.
Replies to the questionnaire
1.7.
Verification
1.8.
Subsequent procedure
2.
PRODUCT UNDER REVIEW, PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product under review
2.2.
Product concerned
2.3.
Like product
3.
DUMPING
3.1.
Preliminary remarks
3.2.
Procedure for the determination of the normal value under Article 2(6a) of the basic Regulation for the imports of GFR originating in the PRC
3.3.
Normal value
3.4.
Existence of significant distortions
3.5.
Representative country
3.5.1.
General remarks
3.5.2.
Conclusion
3.6.
Sources used to establish undistorted costs
3.7.
Undistorted costs and benchmarks
3.7.1.
Factors of production
Factor of Production |
Commodity Code |
Sources |
Undistorted value (‘CNY’) |
Unit of measurement |
Raw materials |
||||
Kaolin |
25070020 |
Global Trade Atlas (GTA)(38) |
1,04 |
kg |
Dolomite |
251810 , 251820 |
GTA |
2,03 |
kg |
Limestone |
2521 |
GTA |
5,8 |
kg |
Silica |
250510 |
GTA |
0,31 |
kg |
Platinum |
711011 |
GTA |
224,24 |
gr |
Rhodium |
711031 |
GTA |
2 721,49 |
gr |
Binder, oxygen, spare parts, packaging |
|
|
% of direct cost |
% |
Labour |
||||
Direct labour |
N/A |
Turkstat(39) |
28,16 |
hour |
Energy |
||||
Electricity |
N/A |
Turkstat(40) |
0,52 |
KWh |
Natural gas |
N/A |
Turkstat(40) |
165,95 |
m3 |
3.7.2.
Raw materials
3.7.3.
Labour
3.7.4.
Electricity
3.7.5.
Natural gas
3.7.6.
Manufacturing overhead costs, SG&A, profits and depreciation
3.8.
Calculation of the normal value
3.9.
Export price
3.10.
Comparison
3.11.
Dumping margins
4.
LIKELIHOOD OF CONTINUATION OF DUMPING
4.1.
Production capacity and spare capacity in the PRC
4.2.
Relation between Chinese export prices to other third countries and the Chinese export prices to the Union
Destination country |
Quantities (kg) |
Average unit price (EUR/kg) |
United States |
141 337 277 |
0,98 |
European Union |
112 219 001 |
1,33 |
South Korea |
107 628 028 |
1,00 |
India |
68 040 603 |
0,95 |
Russia |
58 719 928 |
1,05 |
Japan |
52 798 901 |
1,09 |
Türkiye |
42 275 522 |
1,16 |
Source: GTA. Average unit price for all categories of GFR. |
4.3.
Attractiveness of the Union market
4.4.
Conclusion
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
|
2018 |
2019 |
2020 |
RIP |
Total Union consumption |
934 988 |
857 298 |
782 515 |
941 231 |
Index |
100 |
92 |
84 |
101 |
Source: Eurostat, the data provided by the applicant and verified questionnaire replies of the sampled Union producers. |
5.3.
Imports from the country concerned
5.3.1.
Volume and market share of the imports from the country concerned
|
2018 |
2019 |
2020 |
RIP |
Volume of imports from the PRC (tonnes) |
49 596 |
49 997 |
46 455 |
61 005 |
Index |
100 |
101 |
94 |
123 |
Market share |
5,3 % |
5,8 % |
5,9 % |
6,5 % |
Index |
100 |
110 |
112 |
122 |
Source: Eurostat, the data provided by the applicant and verified questionnaire replies of the sampled Union producers. |
5.3.2.
Prices of the imports from the country concerned and price undercutting
|
2018 |
2019 |
2020 |
RIP |
The PRC |
1 058 |
1 046 |
931 |
1 363 |
Index |
100 |
99 |
88 |
129 |
Source: Eurostat. |
5.4.
Imports from third countries other than the PRC
Country |
|
2018 |
2019 |
2020 |
RIP |
Malaysia |
Volume (tonnes) |
120 557 |
77 708 |
86 829 |
135 919 |
|
Index |
100 |
64 |
72 |
113 |
|
Market share |
12,9 % |
9,1 % |
11,1 % |
14,4 % |
|
Average price (EUR/tonne) |
981 |
950 |
873 |
1 056 |
|
Index |
100 |
97 |
89 |
108 |
Egypt |
Volume (tonnes) |
118 575 |
114 872 |
91 327 |
119 150 |
|
Index |
100 |
97 |
77 |
100 |
|
Market share |
12,7 % |
13,4 % |
11,7 % |
12,7 % |
|
Average price (EUR/tonne) |
888 |
882 |
765 |
849 |
|
Index |
100 |
99 |
86 |
96 |
United Kingdom |
Volume (tonnes) |
42 950 |
38 520 |
34 829 |
40 147 |
|
Index |
100 |
90 |
81 |
93 |
|
Market share |
4,6 % |
4,5 % |
4,5 % |
4,3 % |
|
Average price (EUR/tonne) |
1 185 |
1 145 |
1 102 |
1 083 |
|
Index |
100 |
97 |
93 |
91 |
Other third countries |
Volume (tonnes) |
133 064 |
127 133 |
119 291 |
158 978 |
|
Index |
100 |
96 |
90 |
119 |
|
Market share |
14,2 % |
14,8 % |
15,2 % |
16,9 % |
|
Average price (EUR/tonne) |
1 150 |
1 190 |
1 024 |
1 149 |
|
Index |
100 |
103 |
89 |
100 |
Total of all third countries except the PRC |
Volume (tonnes) |
415 146 |
358 233 |
332 277 |
454 194 |
|
Index |
100 |
86 |
80 |
109 |
|
Market share |
44,4 % |
41,8 % |
42,5 % |
48,3 % |
|
Average price (EUR/tonne) |
1 030 |
1 034 |
921 |
1 037 |
|
Index |
100 |
100 |
89 |
101 |
Source: Eurostat. |
5.5.
Economic situation of the Union industry
5.5.1.
General remarks
5.5.2.
Macroeconomic indicators
5.5.2.1. General remark
5.5.2.2. Production, production capacity and capacity utilisation
|
2018 |
2019 |
2020 |
RIP |
Production volume (tonnes) |
650 509 |
621 145 |
503 135 |
594 464 |
Index |
100 |
95 |
77 |
91 |
Production capacity (tonnes) |
702 599 |
720 257 |
718 735 |
684 618 |
Index |
100 |
103 |
102 |
97 |
Capacity utilisation |
93 % |
86 % |
70 % |
87 % |
Index |
100 |
93 |
76 |
94 |
Source: Data provided by the applicant. |
5.5.2.3. Sales volume, market share and growth
|
2018 |
2019 |
2020 |
RIP |
Sales volume on the Union market |
470 246 |
449 068 |
403 784 |
426 032 |
Index |
100 |
95 |
86 |
91 |
Market share |
50,3 % |
52,4 % |
51,6 % |
45,3 % |
Index |
100 |
104 |
103 |
90 |
Source: Data provided by the applicant. |
5.5.2.4. Employment and productivity
|
2018 |
2019 |
2020 |
RIP |
Number of employees |
3 426 |
3 387 |
3 130 |
3 101 |
Index |
100 |
99 |
91 |
91 |
Productivity (tonnes/employee) |
190 |
183 |
161 |
192 |
Index |
100 |
97 |
85 |
101 |
Source: Data provided by the applicant. |
5.5.2.5. Magnitude of the dumping margin and recovery from past dumping
5.5.3.
Microeconomic indicators
5.5.3.1. Prices and factors affecting prices
|
2018 |
2019 |
2020 |
RIP |
Average unit sales price in the Union on the total market |
1 090 |
1 057 |
1 009 |
1 092 |
Index |
100 |
97 |
93 |
100 |
Unit cost of production |
1 045 |
1 063 |
1 217 |
1 181 |
Index |
100 |
102 |
116 |
113 |
Source: Verified questionnaire replies of the sampled Union producers. |
5.5.3.2. Labour costs
|
2018 |
2019 |
2020 |
RIP |
Average labour costs per employee (EUR) |
57 703 |
58 366 |
58 311 |
62 186 |
Index |
100 |
101 |
101 |
108 |
Source: Verified questionnaire replies of the sampled Union producers. |
5.5.3.3. Inventories
|
2018 |
2019 |
2020 |
RIP |
Closing inventories (tonnes) |
86 975 |
86 773 |
42 269 |
46 957 |
Index |
100 |
100 |
49 |
54 |
Closing inventories as a percentage of production |
19 % |
19 % |
11 % |
10 % |
Index |
100 |
101 |
61 |
55 |
Source: Verified questionnaire replies of the sampled Union producers. |
5.5.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2018 |
2019 |
2020 |
RIP |
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
6,2 % |
2,1 % |
–17,6 % |
–3,6 % |
Index |
100 |
34 |
– 285 |
–59 |
Cash flow (EUR) |
52 145 718 |
48 763 953 |
7 446 265 |
21 969 516 |
Index |
100 |
94 |
14 |
42 |
Investments (EUR) |
52 191 829 |
29 187 167 |
34 071 488 |
30 676 390 |
Index |
100 |
56 |
65 |
59 |
Return on investments |
10,0 % |
6,2 % |
–16,3 % |
–3,1 % |
Index |
100 |
62 |
– 163 |
–31 |
Source: Verified questionnaire replies of the sampled Union producers. |
5.6.
Conclusion on injury
6.
CAUSATION
7.
LIKELIHOOD OF RECURRENCE OF INJURY CAUSED BY DUMPED IMPORTS FROM CHINA
7.1.1.
Likely price levels of imports from China in the absence of anti-dumping measures
7.1.2.
Attractiveness of the Union market
7.1.3.
Production capacity and spare capacity in China
7.2.
Conclusion of the likelihood of recurrence of injury caused by dumped imports from China
8.
UNION INTEREST
8.1.
Interest of the Union industry
8.2.
Interest of unrelated importers
8.3.
Interest of users
8.4.
Conclusion on Union interest
9.
ANTI-DUMPING MEASURES
Article 1
Company |
Anti-dumping duty |
TARIC additional code |
Jushi Group Co., Ltd; Jushi Group Chengdu Co., Ltd; Jushi Group Jiujiang Co., Ltd |
14,5 |
B990 |
Changzhou New Changhai Fiberglass Co., Ltd; Jiangsu Changhai Composite Materials Holding Co., Ltd; Changzhou Tianma Group Co., Ltd |
0 |
A983 |
Chongqing Polycomp International Corporation |
19,9 |
B991 |
Other cooperating companies listed in Annex I of Implementing Regulation (EU) 2017/724 |
15,9 |
|
All other companies |
19,9 |
A999 |