COMMISSION IMPLEMENTING REGULATION (EU) 2021/823
of 20 May 2021
imposing a definitive countervailing duty on imports of certain rainbow trout originating in Turkey following an expiry review pursuant to Article 18 of Regulation (EU) 2016/1037 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
1.6.1.
Sampling of Union producers
1.6.2.
Sampling of importers
1.6.3.
Sampling of exporting producers in Turkey
1.6.4.
Replies to the questionnaires and non-cooperation
1.6.5.
Verification
1.6.6.
Subsequent procedure
2.
PRODUCT CONCERNED AND LIKE PRODUCT
3.
LIKELIHOOD OF CONTINUATION OR RECCURENCE OF SUBSIDISATION
3.1.
Direct transfer of funds – grants
3.1.1.
Support of trout production weighing less than 1kg
3.1.1.1.
Description and legal basis
3.1.1.2.
Conclusion
3.1.1.3.
Calculation of the subsidy amount
3.1.2.
Support of trout production weighing more than 1 kg but not more than 1,2 kg
3.1.2.1.
Description and legal basis
3.1.2.2.
Conclusion
3.1.3.
Support for breeding trout in hatcheries protected from disease
3.1.3.1.
Description and legal basis
3.1.3.2.
Conclusion
3.1.3.3.
Calculation of the subsidy amount
3.1.4.
Closed system production
3.1.4.1.
Description and legal basis
3.1.4.2.
Conclusion
3.1.4.3.
Calculation of the subsidy amount
3.1.5.
Fish farming in soil ponds
3.1.5.1.
Description and legal basis
3.1.5.2.
Conclusion
3.1.6.
Support payments for agricultural publishing and consulting services
3.1.6.1.
Description and legal basis
3.1.6.2.
Conclusion
3.1.7.
Support for discarding of fishing vessels
3.1.8.
Comments after the disclosure
3.1.9.
Conclusion on grants
Company name |
Subsidy amount |
Özpekler |
2,38 % |
GMS |
2,84 % |
3.2.
Revenue foregone
3.2.1.
Consumption tax rebate on vessel fuel
3.2.1.1.
Description and legal basis
3.2.1.2.
Conclusion
3.2.2.
Support to investments made in the aquaculture sector
3.2.2.1.
Description and legal basis
3.2.2.2.
Conclusion
3.2.2.3.
Calculation of the subsidy amount
3.2.2.4.
Comments after the disclosure
3.3.
Direct transfer of funds – preferential financing
3.3.1.
Supported insurance for the aquaculture sector
3.3.1.1.
Description and legal basis
3.3.1.2.
Conclusion
3.3.1.3.
Calculation of the subsidy amount
3.3.2.
Preferential loans
3.3.2.1.
Agricultural loans
3.3.2.2.
Description and legal basis
3.3.2.3.
Findings
3.3.2.4.
Export credits
3.3.2.5.
Description and legal basis
3.3.2.6.
Findings
3.3.2.7.
General Conclusion on preferential loans
3.3.2.8.
Comments after the disclosure
3.3.2.9.
Calculation of the subsidy amount
Company name |
Subsidy amount |
Özpekler |
0,75 % |
GMS |
0,72 % |
3.4.
Final amount of countervailable subsidies
Support scheme |
GMS |
Özpekler |
Direct support for trout production |
2,84 % |
2,38 % |
Preferential loans |
0,72 % |
0,75 % |
Support for insurance premiums |
0,0 % |
0,10 % |
Support to investments made |
0,70 % |
0,0 % |
Total subsidy amount |
4,2 % |
3,2 % |
3.5.
Likelihood of a continuation of subsidisation
4.
INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Union consumption
Live |
1,00 |
Fresh/chilled/frozen (gutted) |
0,85 |
Fillets: Fresh/chilled/frozen |
0,47 |
Fillets: Smoked |
0,40 |
|
2016 |
2017 |
2018 |
Review Investigation Period |
Union market |
150 175 |
147 069 |
157 078 |
147 603 |
Index |
100 |
98 |
105 |
98 |
Source: Questionnaire replies on macro-indicators and, Eurostat |
4.3.
Imports from the country concerned
4.3.1.
Volume and market share of the imports from the country concerned
|
2016 |
2017 |
2018 |
Review Investigation Period |
Volume of imports from Turkey |
21 684 |
19 523 |
17 831 |
20 466 |
Index |
100 |
90 |
82 |
94 |
Market share |
14,4 % |
13,3 % |
11,4 % |
13,9 % |
Index |
100 |
92 |
79 |
96 |
Source: Eurostat |
4.3.2.
Prices of the imports from the country concerned and price undercutting
|
2016 |
2017 |
2018 |
Review Investigation Period |
Turkey |
2 940 |
2 803 |
2 789 |
2 887 |
Index |
100 |
95 |
95 |
98 |
Source: Eurostat |
4.3.3.
Imports from third countries other than Turkey
Country |
|
2016 |
2017 |
2018 |
Review Investigation Period |
Total of all third countries except Turkey |
Volume (WFE tonnes) |
2 431 |
1 402 |
1 844 |
2 118 |
Index |
100 |
58 |
76 |
87 |
|
Market share |
1,6 % |
1,0 % |
1,2 % |
1,4 % |
|
Index |
100 |
59 |
72 |
89 |
|
Average price (EUR/WFE tonnes) |
3 279 |
3 332 |
3 519 |
3 336 |
|
Index |
100 |
102 |
107 |
102 |
|
Source: Eurostat |
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
|
2016 |
2017 |
2018 |
Review Investigation Period |
Production volume (WFE tonnes) |
133 129 |
131 518 |
141 841 |
128 988 |
Index |
100 |
99 |
107 |
97 |
Production capacity (WFE tonnes) |
196 211 |
188 879 |
206 760 |
193 133 |
Index |
100 |
96 |
105 |
98 |
Capacity utilisation |
68 % |
70 % |
69 % |
67 % |
Index |
100 |
103 |
101 |
98 |
Source: applicant and questionnaire replies of the sampled Union producers |
4.4.2.2.
Sales volume and market share
|
2016 |
2017 |
2018 |
Review Investigation Period |
Sales volume on the Union market (WFE tonnes) |
126 060 |
126 143 |
137 403 |
125 020 |
Index |
100 |
100 |
109 |
99 |
Market share |
84 % |
86 % |
88 % |
85 % |
Index |
100 |
102 |
104 |
101 |
Source: Questionnaire replies on macro-indicators. |
4.4.2.3.
Growth
4.4.2.4.
Employment and productivity
|
2016 |
2017 |
2018 |
Review Investigation Period |
Number of employees |
2 216 |
2 050 |
2 210 |
2 174 |
Index |
100 |
92 |
100 |
98 |
Productivity (WFE tonnes/employee) |
60 |
64 |
64 |
59 |
Index |
100 |
107 |
107 |
99 |
Source: Questionnaire reply on macro-indicators |
4.4.2.5.
Magnitude of the subsidy margin and recovery from past subsidisation
4.4.3.
Microeconomic indicators
4.4.3.1.
Prices and factors affecting prices
|
2016 |
2017 |
2018 |
Review Investigation Period |
Average unit sales price (EUR/WFE tonne) |
3 538 |
3 826 |
3 717 |
3 621 |
Index |
100 |
108 |
105 |
102 |
Unit cost of production (EUR/WFE tonne) |
3 612 |
3 848 |
3 697 |
3 650 |
Index |
100 |
107 |
102 |
101 |
Source: Questionnaire replies of the sampled Union producers |
4.4.3.2.
Labour costs
|
2016 |
2017 |
2018 |
Review Investigation Period |
Average labour costs per employee (EUR) |
35 538 |
36 031 |
37 042 |
37 861 |
Index (FY2016=100) |
100 |
101 |
104 |
107 |
Source: Questionnaire replies of the sampled Union producers |
4.4.3.3.
Inventories
|
2016 |
2017 |
2018 |
Review Investigation Period |
Closing stocks (WFE tonnes) |
3 304 |
3 336 |
4 776 |
4 852 |
Index (FY2016=100) |
100 |
101 |
145 |
147 |
Source: Questionnaire replies of the sampled Union producers |
4.4.3.4.
Profitability, cash flow, investments, return on investments and ability to raise capital
|
2016 |
2017 |
2018 |
Review Investigation Period |
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
-2,1 % |
-0,6 % |
0,5 % |
-0,8 % |
Cash flow (thousands EUR) |
-521 095 |
55 338 |
834 534 |
575 407 |
Investment (thousands EUR) |
1 685 452 |
1 367 957 |
1 793 453 |
2 136 870 |
Index |
100 |
81 |
106 |
127 |
Return on investment |
-12,2 % |
-3,8 % |
3,6 % |
-5,5 % |
Source: Questionnaire replies of the sampled Union producers |
4.5.
Conclusion on injury
5.
CAUSATION
6.
LIKELIHOOD OF CONTINUATION OF INJURY
6.1.
Likelihood of continuation of injury from Turkey
6.1.1.
The production capacity, spare capacity in Turkey and attractiveness of the Union market
6.1.2.
Attractiveness of the Union market
6.1.3.
Impact of imports from Turkey on the situation of the Union industry should the measures be allowed to lapse
6.1.4.
Conclusion
7.
UNION INTEREST
7.1.
Interest of the Union industry
7.2.
Interest of users and unrelated importers
7.3.
Conclusion on Union interest
8.
COUNTERVAILING MEASURES
Article 1
Company |
Countervailing duty (%) |
TARIC additional code |
||||||||||||||||||
BAFA Su Ürünleri Yavru Üretim Merkezi Sanayi Ticaret AŞ |
1,5 % |
B965 |
||||||||||||||||||
|
6,9 % |
B964 |
||||||||||||||||||
Özpekler İnşaat Taahhüd Dayanıklı Tüketim Malları Su Ürünleri Sanayi ve Ticaret Limited Şirketi |
6,7 % |
B966 |
||||||||||||||||||
Ternaeben Gida ve Su Ürünleri Ithalat ve Ihracat Sanayi Ticaret AŞ |
8,0 % |
B967 |
||||||||||||||||||
Companies listed in the Annex |
7,6 % |
|
||||||||||||||||||
All other companies |
9,5 % |
B999 |
Article 2
ANNEX
Name |
TARIC additional code |
Lezita Balik A.Ş. |
B968 |
Ada Su Ürünleri Turizm İnşaat ve Ticaret Ltd Şti. |
B969 |
Ahmet Aydeniz Gıda San. ve Tic. A.Ş. |
B970 |
Alba Lojistik İhracat İthalat Ltd Şti. |
B971 |
Alba Su Ürünleri A.Ş. |
B972 |
Alfam Su Ürünleri A.Ş. |
B973 |
Alima Su Ürünleri ve Gida San. Tic. A.Ş. |
B974 |
Alka Su Ürünleri A.Ş. |
B975 |
Azer Altin Su Ürünleri |
B976 |
Bağcı Balık Gıda ve Enerji Üretimi San ve Tic. A.Ş. |
B977 |
Çamlı Yem Besicilik Sanayii ve Ticaret A.Ş |
B978 |
Çirçir Su Ürünleri Ltd Şti. |
B979 |
Ipaş Su Ürünleri A.Ş. |
B980 |
Kemal Balıkçılık Ihr. Ltd Şti. |
B981 |
Liman Entegre Balıkçılık San ve Tic. Ltd Şti. |
B982 |
Miray Su Ürünleri |
B983 |
Önder Su Ürünleri San. ve Tic. Ltd Şti. |
B984 |
Fishark Su Ürünleri Üretim Sanayi ve Ticaret A.Ş. |
B985 |
Tai Su Ürünleri Ltd. Şti. |
B986 |
TSM Deniz Ürünleri San. Tic. A.Ş. |
B987 |
Ugurlu Balık A.Ş. |
B988 |
Yaşar Dış Tic. A.Ş. |
B989 |