COMMISSION IMPLEMENTING REGULATION (EU) 2024/357
of 23 January 2024
imposing a definitive anti-dumping duty on imports of certain open mesh fabrics of glass fibres originating in the People’s Republic of China as extended to imports consigned from India, Indonesia, Malaysia, Taiwan and Thailand following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and 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 producers in the PRC
1.7.
Replies to the questionnaire
1.8.
Verification visits
1.9.
Subsequent procedure
2.
PRODUCT UNDER REVIEW, PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product under review
2.2.
Product concerned
2.3.
Like product
3.
LIKELIHOOD OF CONTINUATION OR RECURRENCE OF 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 OMF originating in the PRC
3.3.
Existence of significant distortions
3.3.1.
Introduction
3.3.2.
Significant distortions affecting the domestic prices and costs in the PRC
3.3.3.
Significant distortions according to Article 2(6a)(b), first indent of the basic Regulation: the market in question being served to a significant extent by enterprises which operate under the ownership, control or policy supervision or guidance of the authorities of the exporting country
3.3.4.
Significant distortions according to Article 2(6a)(b), second indent of the basic Regulation: State presence in firms allowing the state to interfere with respect to prices or costs
3.3.5.
Significant distortions according to Article 2(6a)(b), third indent of the basic Regulation: public policies or measures discriminating in favour of domestic suppliers or otherwise influencing free market forces
3.3.6.
Significant distortions according to Article 2(6a)(b), fourth indent of the basic Regulation: the lack, discriminatory application or inadequate enforcement of bankruptcy, corporate or property laws
3.3.7.
Significant distortions according to Article 2(6a)(b), fifth indent of the basic Regulation: wage costs being distorted
3.3.8.
Significant distortions according to Article 2(6a)(b), sixth indent of the basic Regulation: access to finance granted by institutions which implement public policy objectives or otherwise not acting independently of the State
3.3.9.
Systemic nature of the distortions described
3.3.10.
Conclusion
3.4.
Representative country
3.4.1.
Serbia
3.4.2.
Moldova
3.4.3.
North Macedonia
3.4.4.
Conclusion
3.5.
Sources used to establish undistorted costs
3.6.
Undistorted costs and benchmarks
3.6.1.
Factors of production
Factors of Production |
Commodity Codes |
Source of data |
Unit of measurement |
Undistorted value (CNY) |
Raw Materials |
||||
Rovings |
7019 12 00 |
GTA(80) |
Kilogram (kg) |
7,08 |
Yarn and slivers |
7019 19 00 |
GTA |
kg |
13,94 |
Styrene-butadiene rubber |
4002 11 00 |
GTA |
kg |
9,38 |
Adhesive |
3506 91 10 |
GTA |
kg |
16,99 |
Energy |
||||
Electricity |
N/A |
Maharashtra Electricity Regulatory Commission(81) |
Kilowatt-hour (kWh) |
0,73 |
Natural gas |
N/A |
Petroleum Planning & Analysis Cell Ministry of Petroleum & Natural Gas, Government of India(82) |
|
0,08 |
Labour |
||||
Labour |
N/A |
Labour Bureau Ministry of Labour and Employment, Government of India(83) |
Full-time equivalent (‘FTE’) |
0,08 |
3.6.2.
Raw materials
3.6.3.
Labour
3.6.4.
Electricity
3.6.5.
Natural gas
3.6.6.
Manufacturing overhead costs, SG&A, and profits
3.7.
Calculation of the normal value
3.8.
Export price
3.9.
Comparison and dumping margin
3.10.
Likelihood of recurrence of dumping
3.10.1.
Likely dumping levels in the Union market shall the measures be allowed to lapse
3.10.2.
Production capacity and spare capacity in the PRC
3.10.3.
Attractiveness of the Union market
3.10.4. Conclusion on the likelihood of recurrence of dumping
4.
INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Union consumption
|
2019 |
2020 |
2021 |
RIP |
||
Total Union consumption |
843 708 606 |
865 438 401 |
1 013 312 192 |
957 318 764 |
||
Index (2019 = 100) |
100 |
103 |
120 |
113 |
||
|
4.3.
Imports from the country concerned
4.3.1.
Volume and market share of the imports from the country concerned
|
2019 |
2020 |
2021 |
RIP |
||
Volume of imports from the PRC (m2) |
9 413 576 |
11 108 317 |
9 794 287 |
7 261 812 |
||
Index (2019 = 100) |
100 |
118 |
104 |
77 |
||
Market share of imports from the PRC (%) |
1,12 |
1,28 |
0,97 |
0,76 |
||
Index (2019 = 100) |
100 |
115 |
87 |
68 |
||
|
4.3.2.
Prices of the imports from the country concerned
|
2019 |
2020 |
2021 |
RIP |
||
China |
0,18 |
0,16 |
0,24 |
0,34 |
||
Index (2019 = 100) |
100 |
89 |
133 |
189 |
||
|
4.4.
Imports from third countries other than PRC
Country |
|
2019 |
2020 |
2021 |
RIP |
||
Serbia |
Import volume (m2) |
57 464 814 |
82 916 688 |
103 427 374 |
57 862 648 |
||
Index (2019 = 100) |
100 |
144 |
180 |
101 |
|||
Market share (%) |
6,81 |
9,58 |
10,21 |
6,04 |
|||
Index (2019 = 100) |
100 |
141 |
150 |
89 |
|||
Average price (EUR/m2) |
0,27 |
0,25 |
0,30 |
0,33 |
|||
Index (2019 = 100) |
100 |
93 |
111 |
122 |
|||
Moldova |
Import volume (m2) |
25 112 047 |
23 799 781 |
36 958 795 |
35 010 746 |
||
Index (2019 = 100) |
100 |
95 |
147 |
139 |
|||
Market share (%) |
2,98 |
2,75 |
3,65 |
3,66 |
|||
Index (2019 = 100) |
100 |
92 |
123 |
123 |
|||
Average price (EUR/m2) |
0,26 |
0,26 |
0,28 |
0,33 |
|||
Index (2019 = 100) |
100 |
100 |
108 |
127 |
|||
North Macedonia |
Import volume (m2) |
15 329 645 |
25 493 336 |
30 786 136 |
20 687 170 |
||
Index (2019 = 100) |
100 |
166 |
201 |
135 |
|||
Market share (%) |
1,82 |
2,95 |
3,04 |
2,16 |
|||
Index (2019 = 100) |
100 |
162 |
167 |
119 |
|||
Average price (EUR/m2) |
0,31 |
0,27 |
0,32 |
0,37 |
|||
Index (2019 = 100) |
100 |
87 |
103 |
119 |
|||
Other third countries |
Import volume (m2) |
23 007 130 |
15 855 373 |
27 770 221 |
26 461 114 |
||
Index (2019 = 100) |
100 |
69 |
121 |
115 |
|||
Market share (%) |
2,73 |
1,83 |
2,74 |
2,76 |
|||
Index (2019 = 100) |
100 |
67 |
101 |
101 |
|||
Average price (EUR/m2) |
0,53 |
0,58 |
0,76 |
0,65 |
|||
Index (2019 = 100) |
100 |
109 |
143 |
123 |
|||
Total imports excluding PRC |
Import volume (m2) |
120 913 636 |
148 065 178 |
198 942 526 |
140 021 678 |
||
Index (2019 = 100) |
100 |
122 |
165 |
116 |
|||
Market share (%) |
14,33 |
17,11 |
19,63 |
14,63 |
|||
Index (2019 = 100) |
100 |
119 |
137 |
102 |
|||
Average price (EUR/m2) |
0,32 |
0,29 |
0,36 |
0,39 |
|||
Index (2019 = 100) |
100 |
91 |
113 |
122 |
|||
|
4.5.
Economic situation of the Union industry
4.5.1.
General remarks
4.5.2.
Macroeconomic indicators
4.5.2.1. Production, production capacity and capacity utilisation
|
2019 |
2020 |
2021 |
RIP |
||
Production volume (m2) |
830 158 312 |
795 330 105 |
871 470 775 |
918 703 469 |
||
Index (2019 = 100) |
100 |
96 |
105 |
111 |
||
Production capacity (m2) |
996 336 815 |
997 527 699 |
1 016 796 092 |
1 036 403 129 |
||
Index (2019 = 100) |
100 |
100 |
102 |
104 |
||
Capacity utilisation (%) |
83 |
80 |
86 |
89 |
||
Index (2019 = 100) |
100 |
96 |
103 |
106 |
||
|
4.5.2.2. Sales volume and market share
|
2019 |
2020 |
2021 |
RIP |
||
Total sales volume on the Union market – unrelated customers (m2) |
713 589 293 |
706 264 907 |
804 575 378 |
810 036 274 |
||
Index (2019 = 100) |
100 |
99 |
113 |
114 |
||
Market share (%) |
84,6 |
81,6 |
79,4 |
84,6 |
||
Index (2019 = 100) |
100 |
96 |
94 |
100 |
||
|
4.5.2.3. Growth
4.5.2.4. Employment and productivity
|
2019 |
2020 |
2021 |
RIP |
||
Number of employees |
2 277 |
2 293 |
2 371 |
2 409 |
||
Index (2019 = 100) |
100 |
101 |
104 |
106 |
||
Labour Productivity (m2/employee) |
364 653 |
346 891 |
367 511 |
381 401 |
||
Index (2019 = 100) |
100 |
95 |
101 |
105 |
||
|
4.5.2.5. Magnitude of the dumping margin and recovery from past dumping
4.5.3.
Microeconomic indicators
4.5.3.1. Prices and factors affecting prices
|
2019 |
2020 |
2021 |
RIP |
||
Weighted average unit sales price in the Union (EUR/m2) |
0,34 |
0,34 |
0,35 |
0,39 |
||
Index (2019 = 100) |
100 |
100 |
103 |
115 |
||
Unit cost of production (EUR/m2) |
0,30 |
0,28 |
0,29 |
0,34 |
||
Index (2019 = 100) |
100 |
93 |
97 |
113 |
||
|
4.5.3.2. Labour costs
|
2019 |
2020 |
2021 |
RIP |
||
Average labour costs per employee (EUR) |
21 170 |
20 717 |
22 242 |
23 286 |
||
Index |
100 |
98 |
105 |
110 |
||
|
4.5.3.3. Inventories
|
2019 |
2020 |
2021 |
RIP |
||
Closing stocks (m2) |
73 236 531 |
67 655 734 |
39 610 546 |
41 699 457 |
||
Index |
100 |
92 |
54 |
57 |
||
Closing stocks as a percentage of production |
12 |
12 |
6 |
6 |
||
Index |
100 |
100 |
50 |
50 |
||
|
4.5.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2019 |
2020 |
2021 |
RIP |
||
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
14 |
21 |
21 |
14 |
||
Index |
100 |
150 |
150 |
100 |
||
Cash flow (EUR) |
29 828 733 |
49 755 437 |
61 438 545 |
40 959 049 |
||
Index |
100 |
167 |
206 |
137 |
||
Investments (EUR) |
7 955 638 |
7 703 226 |
14 849 596 |
18 852 344 |
||
Index |
100 |
97 |
187 |
237 |
||
Return on investments (%) |
11 |
17 |
19 |
13 |
||
Index |
100 |
155 |
173 |
118 |
||
|
4.6.
Conclusion on injury
5.
LIKELIHOOD OF RECURRENCE OF INJURY
5.1.
Spare capacity in China
5.2.
Attractiveness of the Union market
5.3.
Impact of potential import volume and import prices on the Union industry
5.4.
Conclusion
on the likelihood of recurrence of injury
6.
UNION INTEREST
6.1.
Interest of the Union industry
6.2.
Interest of unrelated importers and users
6.3.
Conclusion on Union interest
7.
ANTI-DUMPING MEASURES
Article 1
Company |
Duty (%) |
TARIC additional code |
Yuyao Mingda Fiberglass Co., Ltd |
62,9 |
B006 |
Grand Composite Co., Ltd and its related company Ningbo Grand Fiberglass Co., Ltd |
48,4 |
B007 |
Yuyao Feitian Fiberglass Co., Ltd |
60,7 |
B122 |
Companies listed in Annex |
57,7 |
B008 |
All other imports originating in the People’s Republic of China |
62,9 |
B999 |
Article 2
ANNEX
Name |
TARIC additional code |
Jiangxi Dahua Fiberglass Group Co., Ltd |
B008 |
Lanxi Jialu Fiberglass Net Industry Co., Ltd |
B008 |
Cixi Oulong Fiberglass Co., Ltd |
B008 |
Jiangsu Tianyu Fibre Co., Ltd |
B008 |
Jia Xin Jinwei Fiber Glass Products Co., Ltd |
B008 |
Jiangsu Jiuding New Material Co., Ltd |
B008 |
Changshu Jiangnan Glass Fiber Co., Ltd |
B008 |
Shandong Shenghao Fiber Glass Co., Ltd |
B008 |
Yuyao Yuanda Fiberglass Mesh Co., Ltd |
B008 |
Ningbo Kingsun Imp & Exp Co., Ltd |
B008 |
Ningbo Integrated Plasticizing Co., Ltd |
B008 |
Nankang Luobian Glass Fibre Co., Ltd |
B008 |
Changshu Dongyu Insulated Compound Materials Co., Ltd. |
B008 |