COMMISSION IMPLEMENTING REGULATION (EU) 2022/1221
of 14 July 2022
imposing a provisional anti-dumping duty on imports of certain aluminium road wheels originating in Morocco
1.
PROCEDURE
1.1.
Initiation
1.2.
Registration
1.3.
Interested parties and request for anonymity
1.4.
Comments on Initiation
1.5.
Sampling
1.5.1.
Sampling of Union producers
1.5.2.
Sampling of importers
1.5.3.
Sampling of exporting producers Morocco
1.6.
Questionnaire replies and verification visits
1.7.
Investigation period and period considered
2.
PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product concerned
2.2.
Like product
3.
DUMPING
3.1.
Morocco
3.1.1.
Cooperation of exporting producers
3.1.2.
Normal Value
3.1.3.
Export price
3.1.4.
Comparison
3.1.5.
Dumping margin
Company |
Provisional dumping margin |
HANDS 8 S.A. |
8,0 % |
All other companies |
16,5 % |
4.
INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Union consumption
|
2018 |
2019 |
2020 |
Investigation period |
Total consumption (in 000 items) |
77 873 |
73 797 |
59 530 |
64 311 |
Index (2018 = 100) |
100 |
95 |
76 |
83 |
Source: Eurostat Comext database, EUWA and the verified questionnaire replies |
4.3.
Imports from the country concerned
4.3.1.
Quantity and market share of the imports from the country concerned
|
2018 |
2019 |
2020 |
Investigation period |
Quantity of imports from Morocco (in 000 items) |
0 |
15,7 |
1 038 |
2 516 |
Index (2019 = 100) |
- |
100 |
6 611 |
16 025 |
Market share (%) |
- |
0,0 |
1,7 |
3,9 |
Index (2019 = 100) |
- |
100 |
8 196 |
18 389 |
Source: Eurostat Comext database |
4.3.2.
Prices of the imports from the country concerned: price undercutting and price suppression
|
2018 |
2019 |
2020 |
Investigation period |
In EUR/item |
- |
39,2 |
42,6 |
44,7 |
Index (2019 = 100) |
- |
100 |
109 |
114 |
Source: Eurostat Comext Database |
4.4.
Economic situation of the Union industry
4.4.1.
General remarks
4.4.2.
Macroeconomic indicators
4.4.2.1. Production, production capacity and capacity utilisation
|
2018 |
2019 |
2020 |
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 |
Source: EUWA and sampled Union producers |
4.4.2.2. Sales quantity and market share
|
2018 |
2019 |
2020 |
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 |
Source: EUWA and sampled Union producers |
4.4.2.3. Employment and productivity
|
2018 |
2019 |
2020 |
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 |
Source: EUWA and the sampled Union producers |
4.4.2.4. Growth
4.4.2.5. Magnitude of the dumping margin and recovery from past dumping
4.4.3.
Microeconomic indicators
4.4.3.1. Prices and factors affecting prices
|
2018 |
2019 |
2020 |
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 |
Source: Sampled Union producers |
4.4.3.2. Labour costs
|
2018 |
2019 |
2020 |
Investigation period |
Average labour costs per employee (EUR) |
35 216 |
35 700 |
33 084 |
35 951 |
Index (2018 = 100) |
100 |
101 |
94 |
102 |
Source: Sampled Union producers |
4.4.3.3. Inventories
|
2018 |
2019 |
2020 |
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 |
Source: Sampled Union producers |
4.4.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2018 |
2019 |
2020 |
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 |
Source: Sampled Union producers |
4.4.4.
Conclusion on injury
5.
CAUSATION
5.1.
Effects of the dumped imports
5.1.1.
Quantity and market share of the dumped imports from the country concerned
5.1.2.
Price of the dumped imports from the country concerned and price effects
5.1.3.
Causal link between the dumped imports from Morocco and the material injury of the Union industry
5.2.
Effects of other factors
5.2.1.
Imports from third countries
Country |
|
2018 |
2019 |
2020 |
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/item) |
53,6 |
51,9 |
49,7 |
51,1 |
|
Index (2018 = 100) |
100 |
97 |
93 |
95 |
China |
Quantity (in 000 items) |
3 734 |
3 493 |
2 230 |
2 205 |
|
Index (2018 = 100) |
100 |
94 |
60 |
59 |
|
Market share (%) |
4,8 |
4,7 |
3,7 |
3,4 |
|
Index (2018 = 100) |
100 |
98 |
77 |
71 |
|
Average price (EUR/item) |
50,1 |
50,3 |
49,3 |
53,9 |
|
Index (2018 = 100) |
100 |
100 |
98 |
108 |
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 Morocco |
Quantity (in 000 items) |
20 372 |
18 278 |
15 380 |
16 402 |
|
Index (2018 = 100) |
100 |
90 |
75 |
81 |
|
Market share (%) |
26,2 |
24,8 |
25,8 |
25,5 |
|
Index (2018 = 100) |
100 |
95 |
98 |
97 |
|
Average price (EUR/item) |
56,2 |
56,1 |
54,1 |
56,5 |
|
Index (2018 = 100) |
100 |
100 |
96 |
101 |
Source: Eurostat Comext database |
5.2.2.
The COVID-19 pandemic
5.2.3.
Export performance of the Union industry
|
2018 |
2019 |
2020 |
Investigation period |
Export quantity (in 000 items) |
3 454 |
2 892 |
2 138 |
2 719 |
Index (2018 = 100) |
100 |
84 |
62 |
79 |
Average price (EUR/item) |
67,3 |
68,7 |
60,6 |
66,5 |
Index (2018 = 100) |
100 |
102 |
90 |
99 |
Source: EUWA for export quantities and average price from verified questionnaire replies |
5.2.4.
Effect of multi-year contracts and evolution of the cost of production
5.2.5.
Consumption
5.3.
Conclusion on causation
6.
LEVEL OF MEASURES
6.1.
Injury margin
Country |
Company |
Dumping margin (%) |
Injury margin (%) |
Morocco |
Hands |
8,0 |
44,0 |
|
All other companies |
16,5 |
51,6 |
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.
PROVISIONAL ANTI-DUMPING MEASURES
Country |
Company |
Provisional anti-dumping duty |
Morocco |
HANDS 8 S.A. |
8,0 % |
All other companies |
16,5 % |
9.
REGISTRATION
10.
INFORMATION AT PROVISIONAL STAGE
11.
FINAL PROVISION
Article 1
Country |
Company |
Provisional anti-dumping duty |
TARIC additional code |
Morocco |
HANDS 8 S.A. |
8,0 % |
C873 |
All other companies |
16,5 % |
C999 |