The Interdepartmental Commission on International Trade (ICIT) has imposed provisional anti-dumping duties on imports of radiators originating in Turkey and China in the amount of 41.86% and 42% respectively.
According to the ICIT’s announcement in the Uryadovy Courier newspaper on Friday, the decision comes into force five days after the date of publication of the announcement.
The announcement recalls that the anti-dumping investigation was initiated by the ICIT decision of 12 April 2024 based on the complaint of Ukrainian producers Sun Tech Paradise LLC and UTERM Ukraine LLC, whose share in the overall proceedings in Ukraine exceeds 50%.
The ICMT found that during the study period (January 1, 2023 – March 31, 2024), the financial and economic indicators of the national producer deteriorated, in particular, the volume of production – by 74.56%, production capacity – by 13.75%, capacity utilization – by 70.5%, and the volume of sales in the Ukrainian market – by 40.97%.
In addition, the financial result from the sale of goods deteriorated by 1606.24%, labor productivity by 59.47%, and the volume of investments in dollar terms by 78.69%.
The Commission also points out that in the first quarter of 2024, the volume of imports of radiators from Turkey and China increased by 157.13% compared to the same period in 2023 and by 21.9% compared to the first quarter of 2021.
The ICIT report also notes that the losses to the national producer from dumped imports of radiators from Turkey and China are confirmed by the fact that the volume of imports from these countries during the study period increased by 31.27% in terms of consumption of such goods in Ukraine and by 173.29% in terms of production.
The anti-dumping measures are applied to heating radiators (steel, aluminum, bimetallic) (excluding towel rails, water floor convectors and designer radiators) classified under UKT VED codes ex 7322 19 00 00, ex 7616 99 10 00, ex 7616 99 90 00.
San Tech Paradise LLC (Odesa region) manufactures plumbing products for heating, water supply, and sewage. According to its website, it has two factories in Ukraine (130 thousand square meters of production space) and produces 20 thousand tons of products per year. The company exports its products to Poland, Romania, Lithuania, Bulgaria, Georgia, and Mongolia, among others.
According to Opendatabot, in 2023, the company reduced its net profit by 40% compared to 2022, to UAH 61.2 million, while net revenue increased by 15.3% to UAH 552.2 million.
The company is owned by Andriy Kovalenko and Oleksandr Bozhko (50% each).
“UTERM Ukraine (Bila Tserkva, Kyiv region) has been operating in the steel panel radiator market since 2013.
According to Opendatabot, in 2023, the company earned UAH 6.7 million in net profit, compared to UAH 0.4 million a year earlier, with net revenue falling by 48.6% to UAH 124.3 million. The company is owned by four entrepreneurs with equal shares of 25% each.
