Chinese Ceramics Suffered 69.7% Punitive Tariffs &Nbsp, The Most Serious Crisis.
In the industry view, the case has a long history. In June last year, the European Union came to China's origin. ceramic tile An anti-dumping investigation was made, involving more than 320 million dollars. In March this year, the anti-dumping preliminary results came out, and punitive tariffs amounted to 73%. According to blue guard, after the preliminary results came out, 80% of the European Union buyers began to wait and see. This also directly led to the decline in exports of Chinese ceramics to the EU by 16.5% over the past 1~7 months, compared with the increase of 20% over the previous year.
Even so, apart from a small number of Chinese ceramic enterprises responding to the preliminary ruling, most enterprises have been on the sidelines. Those who are not active will eventually face greater losses. According to the final result, in addition to the separate tax rates of 6 enterprises ranging from 26.3% to 36.5%, more than 100 of the enterprises surveyed were weighted by 30.6% of the weighted average tax rate, and other enterprises were charged 69.7% punitive tariffs for a period of 5 years.
The export of China's tiles will face a serious blow. According to China Customs statistics, the EU has become the third largest exporter of China's ceramic tiles, accounting for 8% to 9.5% of the total export volume of China's tiles and 10% to 12% of the total value of exports. "The EU is the hub of the world's brand. If the EU starts this, other countries may conduct anti-dumping investigations against us." In the view of Chen Yanbin, chairman of GF ceramics, the EU wants to take the opportunity to suppress China's ceramic industry.
It is understood that since last year, in addition to the European Union, Chinese ceramics have been subjected to anti-dumping cases in South Korea, Argentina and Peru. Chen Yanbin believes that after the outcome of the final ruling, perhaps in the coming period, more countries will put anti-dumping filing on China tiles. 69.7% of punitive tariffs have become a reality, and how to break through has become a top priority. "Daily economic news" learned that some ceramic enterprises have begun to consider the relocation of production bases to low cost countries to avoid the threshold of the European Union. Chen Yanbin said his company is in contact with the European Union distributor and hopes to place the production base in the EU or South Korea as soon as possible. Anti-dumping The impact is minimal.
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