The European Commission has announced that it has launched an investigation into allegations of dumping of biodiesel from China onto the EU market.
If dumping is confirmed and is found to be harming EU producers, the Commission may impose measures, typically duties on imports, to remedy the effects of the unfair trading if such measures are in the EU’s interest.
According to the Commission, the EU biodiesel market is worth EUR 31 billion annually, providing a renewable alternative to fossil fuels in the EU’s transport sector and improving the EU’s security of energy supply.
The launch of the anti-dumping investigation is based on a complaint by EU biodiesel producers.
EU producers have submitted evidence of biodiesel imports from China coming into the EU at artificially low prices and claim that these imports are seriously harming the European biodiesel industry because they cannot compete with such low prices.
The EU industry employs 3,700 people across 18 Member States: Austria, Belgium, Bulgaria, Cyprus, Czechia, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Poland, Portugal, Romania, Slovakia and Spain.
