COMMISSION IMPLEMENTING REGULATION (EU) 2024/670
of 26 February 2024
imposing a definitive anti-dumping duty on imports of hand pallet trucks and their essential parts 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
1.6.1.
Sampling of Union producers
1.6.2.
Sampling of unrelated importers
1.6.3.
Sampling of exporting producers in China
1.7.
Replies to the questionnaires
1.8.
Verification visits
2.
PRODUCT UNDER REVIEW, PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product under review
2.2.
Product concerned
2.3.
Like product
3.
IMPORT DATA STATISTICS
4.
DUMPING
4.1.
Preliminary remarks
4.2.
Procedure for the determination of the normal value under Article 2(6a) of the basic Regulation for the imports of HPT originating in China
4.2.1.
Normal value
4.2.2.
Existence of significant distortions
4.2.3.
Representative country
4.2.4.
Sources used to establish undistorted costs
4.2.5.
Undistorted costs and benchmarks
4.2.5.1. Factors of production
Factor of production |
Commodity code |
Undistorted value |
Unit of measurement |
Source |
Raw materials |
||||
Hot rolled flat steel |
72082610 , 72082690 |
7,09 CNY |
kg |
GTA |
Cast Iron (processed components) |
84312011 , 84312019 , 84312090 |
46,52 CNY |
kg |
GTA |
Other steel components (pipes) |
84312011 , 84312019 , 84312090 |
46,52 CNY |
kg |
GTA |
Worked components (pins, bearings) |
84821010 , 84821090 |
49,88 CNY |
kg |
GTA |
Nylon or other polyamide cable |
87169090 |
45,68 CNY |
kg |
GTA |
Labour |
||||
Labour |
61,32 CNY |
hour |
Brazilian Institute of Geography and Statistics in combination with the ILO |
|
Energy |
||||
Electricity |
0,944 CNY |
kWh |
Ministry of Mines and Energy of Brazil |
|
Natural Gas |
0,705 CNY |
kWh |
Global Petrol Prices(32) |
|
By-products/waste |
||||
Waste and scrap |
2,128 CNY |
kg |
Annex V to the request |
4.2.5.2. Raw materials and scrap
4.2.5.3. Labour
4.2.5.4. Electricity
4.2.5.5. Natural gas
4.2.5.6. SG&A and profits
4.2.6.
Calculation of the normal value
4.2.7.
Export price
4.2.8.
Comparison and dumping margins
5.
LIKELIHOOD OF CONTINUATION OF DUMPING
5.1.
Production capacity and spare capacity in China
5.2.
Prices on the Union market
5.3.
Attractiveness of the Union market and circumvention practices
5.4.
Conclusion
6.
INJURY
6.1.
Definition of the Union industry and Union production
6.2.
Union consumption
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Total Union consumption |
573 515 |
449 473 |
577 458 |
709 687 |
||
Index |
100 |
78 |
101 |
124 |
||
|
6.3.
Imports from the country concerned
6.3.1.
Quantity and market share of the imports from the country concerned
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Quantity of imports from China (pieces) |
64 719 |
47 882 |
63 914 |
44 523 |
||
Index |
100 |
74 |
99 |
69 |
||
Market share |
11 % |
11 % |
11 % |
6 % |
||
|
6.3.2.
Prices of the imports from the country concerned and price undercutting
|
2019 |
2020 |
2021 |
Review Investigation period |
||
China |
148 |
153 |
166 |
204 |
||
Index |
100 |
96 |
112 |
138 |
||
|
6.4.
Imports from third countries other than China
Country |
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Malaysia |
Quantity in pieces |
209 436 |
125 542 |
131 139 |
203 417 |
||
|
Index |
100 |
60 |
63 |
97 |
||
|
Market share |
37 % |
28 % |
23 % |
29 % |
||
|
Average price (EUR/piece) |
159 |
155 |
174 |
216 |
||
|
Index |
100 |
98 |
109 |
136 |
||
Vietnam |
Quantity in pieces |
114 538 |
118 516 |
175 216 |
247 797 |
||
|
Index |
100 |
103 |
153 |
216 |
||
|
Market share |
20 % |
26 % |
30 % |
35 % |
||
|
Average price (EUR/piece) |
142 |
144 |
157 |
186 |
||
|
Index |
100 |
102 |
110 |
131 |
||
Other third countries |
Quantity in pieces |
10 117 |
6 959 |
5 683 |
11 793 |
||
|
Index |
100 |
69 |
56 |
117 |
||
|
Market share |
2 % |
2 % |
1 % |
2 % |
||
|
Average price (EUR/piece) |
206 |
303 |
282 |
253 |
||
|
Index |
100 |
148 |
137 |
123 |
||
Total of all third countries except China |
Quantity in pieces |
334 090 |
253 524 |
316 264 |
478 251 |
||
|
Index |
100 |
76 |
95 |
143 |
||
|
Market share |
58 % |
56 % |
54 % |
65 % |
||
|
Average price (EUR/piece) |
154 |
153 |
164 |
195 |
||
|
Index |
100 |
96 |
93 |
112 |
||
|
6.5.
Economic situation of the Union industry
6.5.1.
General remarks
6.5.2.
Macroeconomic indicators
6.5.2.1. Production, production capacity and capacity utilisation
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Production quantity (pieces) |
212 552 |
181 256 |
260 606 |
231 964 |
||
Index |
100 |
85 |
123 |
109 |
||
Production capacity (pieces) |
370 500 |
370 500 |
475 500 |
479 500 |
||
Index |
100 |
100 |
128 |
129 |
||
Capacity utilisation |
57 % |
49 % |
55 % |
48 % |
||
|
6.5.2.2. Sales quantity and market share
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Sales quantity on the Union market |
174 706 |
148 066 |
197 280 |
186 913 |
||
Index |
100 |
85 |
113 |
107 |
||
Market share |
30 % |
33 % |
34 % |
26 % |
||
|
6.5.2.3. Growth
6.5.2.4. Employment and productivity
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Number of employees |
624 |
565 |
653 |
686 |
||
Index |
100 |
90 |
105 |
110 |
||
Productivity (pieces/employee) |
340 |
321 |
399 |
338 |
||
Index |
100 |
94 |
117 |
99 |
||
|
6.5.2.5. Magnitude of the dumping margin and recovery from past injurious dumping
6.5.3.
Microeconomic indicators
6.5.3.1. Prices and factors affecting prices
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Average unit sales price in the Union |
[270 -300 ] |
[270 -300 ] |
[270 -300 ] |
[310 -330 ] |
||
Index |
100 |
98 |
99 |
109 |
||
Unit cost of production |
[270 -300 ] |
[290 -320 ] |
[290 -320 ] |
[340 -370 ] |
||
Index |
100 |
107 |
106 |
125 |
||
|
6.5.3.2. Labour costs
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Average labour costs per employee (EUR) |
[35 000 -38 000 ] |
[40 000 -43 000 ] |
[47 000 -50 000 ] |
[47 000 -50 000 ] |
||
Index |
100 |
116 |
134 |
132 |
||
|
6.5.3.3. Stocks
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Closing stock (pieces) |
[5 000 -5 500 ] |
[6 000 -6 500 ] |
[8 000 -8 500 ] |
[6 500 -7 000 ] |
||
Index |
100 |
124 |
163 |
138 |
||
Closing stock as a percentage of production |
3 % |
4 % |
4 % |
3 % |
||
|
6.5.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2019 |
2020 |
2021 |
Review Investigation period |
||
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
10,5 % |
6,2 % |
–1,1 % |
–0,9 % |
||
Cash flow (EUR) |
[3 000 000 – 4 000 000 ] |
[0 to -1 000 000 ] |
[500 000 – 1 500 000 ] |
[-3 500 000 to -4 500 000 ] |
||
Index |
100 |
-19 |
45 |
- 120 |
||
Investments (EUR) |
[3 000 000 – 4 000 000 ] |
[1 000 000 – 1 500 000 ] |
[0 – 500 000 ] |
[0 – 500 000 ] |
||
Index |
100 |
32 |
13 |
14 |
||
Return on investments |
47 % |
-15 % |
30 % |
-94 % |
||
|
6.6.
Conclusion on injury
7.
LIKELIHOOD OF RECURRENCE OF INJURY CAUSED BY DUMPED IMPORTS
7.1.
Spare capacity in China
7.2.
Export prices from China to third countries
7.3.
Likely price levels from China without measures in force
7.4.
Circumvention
7.5.
Conclusion of the likelihood of recurrence of injury
8.
UNION INTEREST
8.1.
Interest of the Union industry
8.2.
Interest of unrelated importers and users
8.3.
Conclusion on Union interest
9.
ANTI-DUMPING MEASURES
Article 1
Company |
Anti-dumping duty |
TARIC additional code |
Zhejiang Noblelift Equipment Joint Stock Co. Ltd |
70,8 % |
A603 |
Ningbo Logitrans Handling Equipment Co., Ltd |
54,1 % |
A070 |
All other companies |
70,8 % |
A999 |