COMMISSION IMPLEMENTING REGULATION (EU) 2023/112
of 18 January 2023
imposing a definitive anti-dumping duty on imports of certain aluminium road wheels 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 and request for anonymity
1.6.
Questionnaire replies to the questionnaire and verification visits
1.7.
Subsequent procedure
2.
PRODUCT UNDER REVIEW AND LIKE PRODUCT
2.1.
Product under review
2.2.
Like product
2.3.
Claims regarding product scope
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 the product under review originating in the PRC
3.3.
Normal value
3.3.1.
Existence of significant distortions
3.3.2.
Representative country
3.3.2.1. General remarks
3.3.2.2. Conclusion
3.3.3.
Sources used to establish undistorted costs
3.4.
Undistorted costs and benchmarks
3.4.1.
Factors of production
Factor of Production |
Commodity Code |
Value (RMB) |
Unit of measurement |
Raw materials |
|||
Aluminium ingots |
760120 |
14,56 |
kg |
Paint |
320810 320820 320890 |
48,69 |
kg |
All other raw materials; additives; packaging |
N/A |
4,48 % of raw materials |
N/A |
Labour |
|||
Labour Cost in the manufacturing industries (NACE C.25) |
N/A |
28,44 |
hour |
Energy |
|||
Electricity |
N/A |
0,432 |
kWh |
Natural Gas |
N/A |
0,357 |
kWh |
Water |
|||
Water |
N/A |
12,87 |
M3 |
3.4.1.1. Raw materials
3.4.1.2. Labour
3.4.1.3. Electricity
3.4.1.4. Natural gas
3.4.1.5. Water
3.4.1.6. Manufacturing overhead costs, SG&A, profits and depreciation
3.4.2.
Calculation of the normal value
3.5.
Export price
3.6.
Comparison
3.7.
Dumping margin
4.
LIKELIHOOD OF CONTINUATION OF DUMPING
4.1.
Production capacity and spare capacity in the PRC
4.2.
Attractiveness of the Union market
4.3.
Conclusion on the likelihood of continuation of dumping
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
|
2018 |
2019 |
2020 |
Review investigation period |
||
Total consumption (in 000 items) |
77 873 |
73 797 |
59 530 |
64 311 |
||
Index (2018 = 100) |
100 |
95 |
76 |
83 |
||
|
5.3.
Imports from the PRC
5.3.1.
Quantity and market share of the imports from the PRC
|
2018 |
2019 |
2020 |
Review investigation period |
||
Quantity of imports from the PRC (in 000 items) |
3 734 |
3 493 |
2 230 |
2 205 |
||
Index (2019 = 100) |
100 |
94 |
60 |
59 |
||
Market share (%) |
4,8 |
4,7 |
3,7 |
3,4 |
||
Index (2019 = 100) |
100 |
98 |
77 |
71 |
||
|
5.3.2.
Prices of the imports from the PRC
|
2018 |
2019 |
2020 |
Review investigation period |
||
In EUR/item |
50,1 |
50,3 |
49,3 |
53,9 |
||
Index (2019 = 100) |
100 |
100 |
98 |
108 |
||
|
5.3.3.
Imports from third countries other than the PRC
Country |
|
2018 |
2019 |
2020 |
Review investigation period |
||
Turkey |
Quantity (in 000 items) |
7 983 |
7 632 |
7 010 |
8 364 |
||
Index (2018 = 100) |
100 |
96 |
88 |
105 |
|||
Market share (%) |
10,3 |
10,3 |
11,8 |
13,0 |
|||
Index (2018 = 100) |
100 |
101 |
115 |
126 |
|||
Average price (EUR/unit) |
53,6 |
51,9 |
49,7 |
51,1 |
|||
Index (2018 = 100) |
100 |
97 |
93 |
95 |
|||
Morocco |
Quantity (in 000 items) |
0 |
15,7 |
1 038 |
2 516 |
||
Index (2018 = 100) |
— |
100 |
6 611 |
16 025 |
|||
Market share (%) |
— |
0,0 |
1,7 |
3,9 |
|||
Index (2018 = 100) |
— |
100 |
8 196 |
18 389 |
|||
Average price (EUR/item) |
— |
39,2 |
42,6 |
44,7 |
|||
Index (2018 = 100) |
|
100 |
109 |
114 |
|||
Thailand |
Quantity (in 000 items) |
2 228 |
1 911 |
1 527 |
1 487 |
||
Index (2018 = 100) |
100 |
86 |
69 |
67 |
|||
Market share (%) |
2,9 |
2,6 |
2,6 |
2,3 |
|||
Index (2018 = 100) |
100 |
90 |
90 |
79 |
|||
Average price (EUR/item) |
52,3 |
50,8 |
49,0 |
50,3 |
|||
Index (2018 = 100) |
100 |
97 |
94 |
96 |
|||
South Korea |
Quantity (in 000 items) |
1 813 |
1 577 |
1 460 |
1 065 |
||
Index (2018 = 100) |
100 |
87 |
81 |
59 |
|||
Market share (%) |
2,3 |
2,1 |
2,5 |
1,7 |
|||
Index (2018 = 100) |
100 |
91 |
109 |
74 |
|||
Average price (EUR/item) |
52,2 |
52,9 |
50,9 |
53,5 |
|||
Index (2018 = 100) |
100 |
101 |
97 |
102 |
|||
Other third countries |
Quantity (in 000 items) |
4 612 |
3 663 |
3 151 |
3 279 |
||
Index (2018 = 100) |
100 |
79 |
68 |
71 |
|||
Market share (%) |
5,9 |
5,0 |
5,3 |
5,1 |
|||
Index (2018 = 100) |
100 |
85 |
90 |
86 |
|||
Average price (EUR/item) |
69,1 |
74,9 |
71,1 |
75,9 |
|||
Index (2018 = 100) |
100 |
108 |
103 |
110 |
|||
Total of all third countries except the PRC |
Quantity (in 000 items) |
16 638 |
14 801 |
14 189 |
16 713 |
||
Index (2018 = 100) |
100 |
89 |
85 |
100 |
|||
Market share (%) |
21,4 |
20,1 |
23,8 |
26,0 |
|||
Index (2018 = 100) |
100 |
94 |
112 |
121 |
|||
Average price (EUR/item) |
57,5 |
57,5 |
54,0 |
55,1 |
|||
Index (2018 = 100) |
100 |
100 |
94 |
96 |
|||
|
5.4.
Economic situation of the Union industry
5.4.1.
General remarks
5.4.2.
Macroeconomic indicators
5.4.2.1. Production, production capacity and capacity utilisation
|
2018 |
2019 |
2020 |
Review investigation period |
||
Production quantity (in 000 items) |
59 182 |
57 097 |
44 718 |
48 752 |
||
Index (2018 = 100) |
100 |
96 |
76 |
82 |
||
Production capacity (in 000 items) |
62 614 |
62 475 |
61 619 |
61 294 |
||
Index (2018 = 100) |
100 |
100 |
98 |
98 |
||
Capacity utilisation (%) |
95 |
91 |
73 |
80 |
||
Index (2018 = 100) |
100 |
97 |
77 |
84 |
||
|
5.4.2.2. Sales quantity and market share
|
2018 |
2019 |
2020 |
Review investigation period |
||
Sales quantity on the Union market (in 000 items) |
57 501 |
55 502 |
43 110 |
45 391 |
||
Index (2018 = 100) |
100 |
97 |
75 |
79 |
||
Market share (%) |
73,8 |
75,2 |
72,4 |
70,6 |
||
Index (2018 = 100) |
100 |
102 |
98 |
96 |
||
|
5.4.2.3. Employment and productivity
|
2018 |
2019 |
2020 |
Review investigation period |
||
Number of employees |
17 816 |
17 866 |
16 963 |
16 790 |
||
Index (2018 = 100) |
100 |
100 |
95 |
94 |
||
Productivity (item/employee) |
3 322 |
3 196 |
2 636 |
2 904 |
||
Index (2018 = 100) |
100 |
96 |
79 |
87 |
||
|
5.4.2.4. Growth
5.4.2.5. Magnitude of the dumping margin and recovery from past dumping
5.4.3.
Microeconomic indicators
5.4.3.1. Prices and factors affecting prices
|
2018 |
2019 |
2020 |
Review investigation period |
||
Average sales price per item in the Union market (EUR/item) |
53,9 |
52,3 |
49,3 |
50,6 |
||
Index (2018 = 100) |
100 |
97 |
92 |
94 |
||
Cost of production per item (EUR/item) |
49,9 |
48,2 |
49,3 |
51,6 |
||
Index (2018 = 100) |
100 |
97 |
99 |
104 |
||
|
5.4.3.2. Labour costs
|
2018 |
2019 |
2020 |
Review investigation period |
||
Average labour costs per employee (EUR) |
35 216 |
35 700 |
33 084 |
35 951 |
||
Index (2018 = 100) |
100 |
101 |
94 |
102 |
||
|
5.4.3.3. Inventories
|
2018 |
2019 |
2020 |
Review investigation period |
||
Closing stocks (in 000 items) |
556 |
439 |
492 |
776 |
||
Index (2018 = 100) |
100 |
79 |
88 |
140 |
||
Closing stocks as a percentage of production (%) |
0,9 |
0,8 |
1,1 |
1,6 |
||
Index (2018 = 100) |
100 |
89 |
122 |
177 |
||
|
5.4.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2018 |
2019 |
2020 |
Review investigation period |
||
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
7,5 |
8,2 |
0,4 |
– 1,6 |
||
Index (2018 = 100) |
100 |
109 |
5 |
– 21 |
||
Cash flow (in 000 EUR) |
81 153 |
82 495 |
31 805 |
22 956 |
||
Index (2018 = 100) |
100 |
102 |
39 |
28 |
||
Investments (in 000 EUR) |
37 788 |
30 757 |
19 848 |
21 845 |
||
Index (2018 = 100) |
100 |
81 |
53 |
58 |
||
Return on investments |
12,0 |
9,1 |
0,3 |
– 0,5 |
||
Index (2018 = 100) |
100 |
76 |
3 |
– 4 |
||
|