China's energy-saving lamp manufacturers have been affected by anti-dumping duties, and exports to Europe have only accounted for a small portion of the export value of such products. The elimination of anti-dumping duties on energy-saving lamps is undoubtedly a good news for Chinese manufacturers.
It is said that due to tariff barriers, the price of energy-saving lamps exported from China to the EU market has risen by 66%. As the Chinese energy-saving lamp industry has been subjected to anti-dumping investigations, the price of energy-saving lamps in the EU has increased by 25%, but the high price does not protect Germany. The largest energy-saving bulb manufacturer in the European Union, Osram.
The EU Trade Commission will meet in the near future to discuss the punitive tariff proposal to cancel the import of energy-saving lamps from China. If the proposal is passed, it means that the EU’s six-year sanctions against Chinese manufacturers have temporarily come to an end. Previously, the rate of anti-dumping duties imposed on Chinese companies was between 0 and 66.1%.
The reason for the adjustment of the tax rate is the EU's emphasis on environmental issues and the participation of foreign companies. China has always been a major exporter of lighting products, with an export share of over 45%. Domestic energy-saving lamp manufacturers report that “if the tax rate is abolished, it will undoubtedly increase the EU's purchases in China.â€
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It is said that due to tariff barriers, the price of energy-saving lamps exported from China to the EU market has risen by 66%. As the Chinese energy-saving lamp industry has been subjected to anti-dumping investigations, the price of energy-saving lamps in the EU has increased by 25%, but the high price does not protect Germany. The largest energy-saving bulb manufacturer in the European Union, Osram.
The EU Trade Commission will meet in the near future to discuss the punitive tariff proposal to cancel the import of energy-saving lamps from China. If the proposal is passed, it means that the EU’s six-year sanctions against Chinese manufacturers have temporarily come to an end. Previously, the rate of anti-dumping duties imposed on Chinese companies was between 0 and 66.1%.
The reason for the adjustment of the tax rate is the EU's emphasis on environmental issues and the participation of foreign companies. China has always been a major exporter of lighting products, with an export share of over 45%. Domestic energy-saving lamp manufacturers report that “if the tax rate is abolished, it will undoubtedly increase the EU's purchases in China.â€
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