Anti-dumping duties more expensive chips from Europe.
(AMI) - beginning of February the Brazilian Government of anti-dumping duties on frozen potato products, mainly French fries, has introduced. They relate to suppliers from Germany, Belgium, France and the Netherlands to varying degrees. The dumping charges are from the Brazilian chips manufacturer Bem Brasil Alimentos Ltda and are already since 2015 investigated. Was the subject of the analysis, whether French fries in Brazil are sold cheaper than in the countries of origin. Approach, methods and results are criticized by local authorities. Allegedly French fries from Germany to Brazil 37%, from Belgium nearly 24.8%, France 18% and from the Netherlands 41, 4% are sold cheaper than in the respective country of origin. The amount of the increased customs duty which applies now, applied company-specific. It is in the best case scenario at 6.5% and in the worst case 133%. They are otherwise 11%, 13%, 24%, 40% and 96%. The Brazilian chips is fries market for European manufacturers of any importance. In the year 2015/16 3 flowed from Dutch fries, 1% there, by Belgian's were even 4, 4%. For exclusive viewing of the world market, Belgium fries manufacturer placed almost 10% at least 16.2% of their EU external sales in Brazil and the Netherlands. The import of French fries has grown sharply in Brazil in recent years. 2009 only 151,000 tons arrived in the South American country, now it should be twice as much. European stakeholders have long become representations at the European Commission. But still no activity of policy is this known to provide a better balance of interests. The possibilities of the French fries supplier, to fight back, are seen as bad. Certainly she could take action in Brazil against the anti-dumping duties, what is however expensive and especially time consuming.
ZMP Live Expert Opinion
The courses in the knee go on the derivatives market. The very weak demand has can not raise alone that, it had to produce another really bearish news. It seems now found the punitive tariffs of Brazil's local fries. But the question is how much the exports to Brazil, which 2016 must be served with the raw material from the harvest, fall and what they actually have in total exports. The facts: In the first half of the marketing year third country exports to 90,000 t have increased, which constitutes 50% of deliveries to Brazil. Brazil will not manage without EU French fries and after almost 19% were Brazil's share of EU exports in 2013 in 2016 only 14.3%. The dependency has dropped so. Sales within the EU, which make up more than 65% of all exports are crucial. They boomed by 2015 and the second half of the year 2016 2015 almost keeps the level of the comparison period. In the medium term the opinion can prevail again, that 2016 a moderate harvest must be scarcer than it did with worse yields than 2015 and the Brazil message has caused only a dent in the price delle foreseeable anyway for this time.
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