COMMISSION IMPLEMENTING REGULATION (EU) 2023/1159
of 13 June 2023
imposing a definitive anti-dumping duty on imports of okoumé plywood 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.
Request for an expiry review
1.3.
Initiation of an expiry review
1.4.
Review investigation period and period considered
1.5.
Interested parties
1.6.
Sampling
1.7.
Replies to the questionnaire
1.8.
Verification
1.9.
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 okoumé plywood originating in the PRC
3.3.
Normal value
3.3.1.
Existence of significant distortions
3.3.1.1. Introduction
3.3.1.2. Significant distortions affecting the domestic prices and costs in the PRC
3.3.1.3. Significant distortions according to Article 2(6a)(b), first indent of the basic Regulation: the market in question being served to a significant extent by enterprises which operate under the ownership, control or policy supervision or guidance of the authorities of the exporting country
3.3.1.4. Significant distortions according to Article 2(6a)(b), second indent of the basic Regulation: State presence in firms allowing the state to interfere with respect to prices or costs
3.3.1.5. Significant distortions according to Article 2(6a)(b), third indent of the basic Regulation: public policies or measures discriminating in favour of domestic suppliers or otherwise influencing free market forces
3.3.1.6. Significant distortions according to Article 2(6a)(b), fourth indent of the basic Regulation: the lack, discriminatory application or inadequate enforcement of bankruptcy, corporate or property laws
3.3.1.7. Significant distortions according to Article 2(6a)(b), fifth indent of the basic Regulation: wage costs being distorted
3.3.1.8. Significant distortions according to Article 2(6a)(b), sixth indent of the basic Regulation: access to finance granted by institutions which implement public policy objectives or otherwise not acting independently of the State
3.3.1.9. Systemic nature of the distortions described
3.3.1.10. Conclusion
3.3.2.
Representative country
3.3.3.
Sources used to establish undistorted costs
3.3.4.
Undistorted costs and benchmarks
Factors of Production |
HS Codes |
Source of data |
Unit of measurement |
Undistorted value (RMB) |
Raw Materials |
||||
Sheets of veneer |
4408 39 |
Global Trade Atlas (GTA)(60) |
M3 |
6 507,69 |
Poplar logs |
4403 97 |
GTA |
M3 |
2 615,34 |
Phenolic Glue |
3909 40 |
GTA |
KG |
16,45 |
All other raw materials, packaging, utilities, consumables. |
N/A |
|
Fixed amount |
[1 -5 ] % of raw materials |
Energy/Utilities |
||||
Electricity |
N/A |
Turkish Statistical Institute. (TURKSTAT)(61) |
kWh |
0,59 |
Labour |
||||
Labour |
N/A |
TURKSTAT(62) |
hours |
16,28 |
3.3.4.1. Raw materials
3.3.4.2. Labour
3.3.4.3. Electricity
3.3.4.4. Manufacturing overhead costs, SG&A, and profits
3.3.5.
Calculation of the normal value
3.4.
Export price
3.5.
Comparison and dumping margin
4.
LIKELIHOOD OF RECURRENCE OF DUMPING
4.1.
Likely dumping levels in the Union market shall the measures be allowed to lapse
4.2.
Production capacity and spare capacity in the PRC.
4.2.1.
Production in the PRC
4.2.2.
Production capacity in the PRC
4.3.
Attractiveness of the Union market.
4.4.
Conclusion on the likelihood of recurrence of dumping
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
|
2018 |
2019 |
2020 |
RIP |
||
Total Union consumption |
171 309 |
187 104 |
171 737 |
192 264 |
||
Index |
100 |
109 |
100 |
112 |
||
|
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 (m3) |
100 |
0 |
43 |
74 |
||
Index (2018 = 100) |
100 |
0 |
43 |
74 |
||
Market share of imports from the PRC (%) |
0,06 |
0,00 |
0,03 |
0,04 |
||
|
5.3.2.
Prices of the imports from the country concerned and price undercutting
|
2018 |
2019 |
2020 |
RIP |
||
China |
370 |
0 |
481 |
619 |
||
Index (2018 = 100) |
100 |
0 |
130 |
167 |
||
|
5.4.
Imports from third countries other than PRC
Country |
|
2018 |
2019 |
2020 |
RIP |
||
Gabon |
Import volume (m3) |
18 603 |
19 919 |
18 238 |
24 322 |
||
Index (2018 = 100) |
100 |
107 |
98 |
131 |
|||
Market share (%) |
10,9 |
10,6 |
10,6 |
12,6 |
|||
Index (2018 = 100) |
100 |
98 |
98 |
116 |
|||
Average price (EUR/m3) |
761 |
745 |
755 |
769 |
|||
Index (2018 = 100) |
100 |
98 |
99 |
101 |
|||
Morocco |
Import volume (m3) |
6 231 |
8 493 |
8 332 |
9 917 |
||
Index (2018 = 100) |
100 |
136 |
134 |
159 |
|||
Market share (%) |
3,6 |
4,5 |
4,8 |
5,2 |
|||
Index (2018 = 100) |
100 |
125 |
134 |
141 |
|||
Average price (EUR/m3) |
852 |
833 |
846 |
870 |
|||
Index (2018 = 100) |
100 |
98 |
99 |
102 |
|||
Other third countries |
Import volume (m3) |
466 |
1 922 |
1 837 |
2 490 |
||
Index (2018 = 100) |
100 |
412 |
394 |
534 |
|||
Market share (%) |
0,3 |
1,0 |
1,1 |
1,3 |
|||
Index (2018 = 100) |
100 |
377 |
394 |
474 |
|||
Average price (EUR/m3) |
526 |
867 |
710 |
938 |
|||
Index (2018 = 100) |
100 |
165 |
135 |
178 |
|||
Total imports excluding PRC |
Import volume (m3) |
25 300 |
30 334 |
28 407 |
36 729 |
||
Index (2018 = 100) |
100 |
120 |
112 |
145 |
|||
Market share (%) |
14,8 |
16,2 |
16,6 |
19,1 |
|||
Index (2018 = 100) |
100 |
110 |
112 |
129 |
|||
Average price (EUR/m3) |
779 |
777 |
779 |
808 |
|||
Index (2018 = 100) |
100 |
100 |
100 |
104 |
|||
|
5.5.
Economic situation of the Union industry
5.5.1.
General remarks
5.5.2.
Macroeconomic indicators
5.5.2.1. Production, production capacity and capacity utilisation
|
2018 |
2019 |
2020 |
RIP |
||
Production volume (m3) |
164 635 |
179 457 |
164 383 |
174 048 |
||
Index (2018 = 100) |
100 |
109 |
100 |
106 |
||
Production capacity (m3) |
286 965 |
299 163 |
288 272 |
306 816 |
||
Index (2018 = 100) |
100 |
104 |
100 |
107 |
||
Capacity utilisation (%) |
57,4 |
60,0 |
57,0 |
56,7 |
||
Index (2018 = 100) |
100 |
105 |
99 |
99 |
||
|
5.5.2.2. Sales volume and market share
|
2018 |
2019 |
2020 |
RIP |
||
Total sales volume on the Union market – unrelated customers (m3) |
145 909 |
156 770 |
143 287 |
155 460 |
||
Index (2018 = 100) |
100 |
107 |
98 |
107 |
||
Market share (%) |
85,2 |
83,8 |
83,4 |
80,9 |
||
Index (2018 = 100) |
100 |
98 |
98 |
95 |
||
|
5.5.2.3. Growth
5.5.2.4. Employment and productivity
|
2018 |
2019 |
2020 |
RIP |
||
Number of employees |
678 |
664 |
661 |
663 |
||
Index (2018 = 100) |
100 |
98 |
97 |
98 |
||
Labour Productivity (m3/employee) |
243 |
270 |
249 |
263 |
||
Index (2018 = 100) |
100 |
111 |
102 |
108 |
||
|
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 |
||
Weighted average unit sales price in the Union (EUR/m3) |
956 |
959 |
987 |
1 033 |
||
Index (2018 = 100) |
100 |
100 |
103 |
108 |
||
Unit cost of production (EUR/m3) |
939 |
922 |
978 |
1 011 |
||
Index (2018 = 100) |
100 |
98 |
104 |
108 |
||
|
5.5.3.2. Labour costs
|
2018 |
2019 |
2020 |
RIP |
||
Average labour costs per employee (EUR) |
31 134 |
31 846 |
30 408 |
31 521 |
||
Index |
100 |
102 |
98 |
101 |
||
|
5.5.3.3. Inventories
|
2018 |
2019 |
2020 |
RIP |
||
Closing stocks (m3) |
5 805 |
3 762 |
4 793 |
4 245 |
||
Index |
100 |
65 |
83 |
73 |
||
Closing stocks as a percentage of production |
9,6 |
5,8 |
7,6 |
6,1 |
||
Index |
100 |
61 |
79 |
64 |
||
|
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) |
2,5 |
3,9 |
3,3 |
6,9 |
||
Index |
100 |
159 |
133 |
277 |
||
Cash flow (EUR) |
913 814 |
209 034 |
1 037 362 |
-1 179 393 |
||
Index |
100 |
23 |
114 |
- 129 |
||
Investments (EUR) |
1 572 178 |
5 030 991 |
1 551 446 |
2 021 386 |
||
Index |
100 |
320 |
99 |
129 |
||
Return on investments (%) |
3,6 |
6,9 |
6,9 |
18,2 |
||
Index |
100 |
190 |
190 |
502 |
||
|
5.6.
Conclusion on injury
6.
LIKELIHOOD OF RECURRENCE OF INJURY
7.
UNION INTEREST
7.1.
Interest of the Union industry
7.2.
Interest of unrelated importers and users
7.3.
Conclusion on Union interest
8.
ANTI-DUMPING MEASURES
Article 1
Company |
Duty rate |
TARIC additional code |
Nantong Zongyi Plywood Co. Ltd Xingdong Town, Tongzhou City, Jiangsu Province, People’s Republic of China |
9,6 % |
A526 |
Zhejiang Deren Bamboo-Wood Technologies Co. Ltd Linhai Economic Development Zone, Zhejiang, People’s Republic of China |
23,5 % |
A527 |
Zhonglin Enterprise (Dangshan) Co. Ltd Xue Lou Miao Pu, Dangshan County, Anhui Province 235323, People’s Republic of China |
6,5 % |
A528 |
Jiaxing Jinlin Lumber Co. Ltd North of Ganyao Town, Jiashan, Zhejiang Province, People’s Republic of China |
17 % |
A529 |
All other companies |
66,7 % |
A999 |