COMMISSION REGULATION (EU) No 118/2011
of 10 February 2011
imposing a provisional anti-dumping duty on imports of certain ring binder mechanisms originating in Thailand
1.
PROCEDURE
1.1.
Initiation
1.2.
Parties concerned by the proceeding
1.3.
Investigation period and period considered
2.
PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product concerned
2.2.
Like product
3.
SAMPLING
3.1.
Sampling of unrelated importers
4.
DUMPING
4.1.
Normal value
4.2.
Export price
4.3.
Comparison
4.4.
Dumping margin
Exporting producer |
Dumping margin |
Thai Stationery Industry Co. Ltd., Bangkok, Thailand |
17,2 % |
5.
DEFINITION OF THE UNION INDUSTRY
6.
INJURY
6.1.
Union consumption
|
2006 |
2007 |
2008 |
2009 |
IP |
Consumption (000pces) |
100 |
100 |
111 |
93 |
95 |
Source: verified questionnaire replies and Eurostat. |
6.2.
Imports from Thailand
(a)
Import volume and market share
|
2006 |
2007 |
2008 |
2009 |
IP |
Import volume |
100 |
65 |
153 |
116 |
119 |
Market share |
12,0 % |
7,8 % |
16,5 % |
15,0 % |
15,0 % |
Source: verified questionnaire reply and Eurostat. |
(b)
Price of the imports of the product concerned/undercutting
|
2006 |
2007 |
2008 |
2009 |
IP |
import price |
100 |
103 |
123 |
113 |
113 |
6.3.
Economic situation of the Union industry
(4)
(a)
Production, production capacity and capacity utilisation
|
2006 |
2007 |
2008 |
2009 |
IP |
Production |
100 |
130 |
131 |
80 |
83 |
Production capacity |
100 |
110 |
115 |
80 |
75 |
Capacity utilisation |
79 % |
94 % |
90 % |
79 % |
88 % |
(b)
Stocks
|
2006 |
2007 |
2008 |
2009 |
IP |
Closing stock |
100 |
137 |
153 |
124 |
126 |
(c)
Sales volume, market share and growth
|
2006 |
2007 |
2008 |
2009 |
IP |
EU sales volume |
100 |
105 |
113 |
79 |
77 |
Market shares |
29,6 % |
31,1 % |
30,2 % |
25,2 % |
24,0 % |
(d)
Sales prices
|
2006 |
2007 |
2008 |
2009 |
IP |
Sales price |
100 |
99 |
99 |
110 |
107 |
(e)
Profitability, return on investments, cash-flow
|
2006 |
2007 |
2008 |
2009 |
IP |
P&L % turnover |
100 |
9 |
135 |
167 |
146 |
Cash-flow |
100 |
– 502 |
– 685 |
– 136 |
– 291 |
Return on net assets |
100 |
87 |
104 |
146 |
176 |
(f)
Investments and ability to raise capital
|
2006 |
2007 |
2008 |
2009 |
IP |
Investments |
100 |
45 |
50 |
17 |
26 |
(g)
Employment, productivity and wages
|
2006 |
2007 |
2008 |
2009 |
IP |
Employment |
100 |
111 |
118 |
99 |
87 |
Productivity |
100 |
117 |
111 |
81 |
95 |
Wages |
100 |
106 |
113 |
92 |
71 |
(h)
Magnitude of the actual margin of dumping
(i)
Recovery from the effect of past dumping
6.4.
Conclusion
7.
CAUSALITY
7.1.
Introduction
7.2.
Effect of the dumped imports
7.3.
Effect of other factors
7.3.1.
Contraction in demand on the Union market
7.3.2.
Imports from other third countries
|
2006 |
2007 |
2008 |
2009 |
IP |
India |
|||||
import volume |
100 |
93 |
102 |
88 |
91 |
market shares |
47,6 % |
44,3 % |
43,5 % |
45,2 % |
45,3 % |
average price |
100 |
99 |
118 |
116 |
113 |
China |
|||||
import volume |
100 |
91 |
153 |
150 |
151 |
market shares |
3,5 % |
3,1 % |
4,8 % |
5,6 % |
5,5 % |
average price |
100 |
98 |
90 |
85 |
86 |
Source: Eurostat. |
7.3.3.
Export performance of the Union industry
7.4.
Conclusion on causation
8.
UNION INTEREST
8.1.
Preliminary remark
8.2.
Description of the Union market
8.3.
Union industry
8.4.
Importers and traders
8.5.
Users
8.6.
Conclusion on Union interest
9.
PROVISIONAL ANTI-DUMPING MEASURES
9.1.
Injury elimination level
9.2.
Provisional measures
Exporting producer |
Provisional AD duty rate |
Thai Stationery Industry Co. Ltd., Bangkok, Thailand |
17,2 % |
All other companies |
17,2 % |