PUBLIC VERSION
workers(“ PRWs”) in 2020, and this figure had [ ] PRWs in 2024. Thus, the explosion of imports of QSP over the last five years has directly harmed American workers who have lost their jobs to low-priced imports.
* * * In sum, all three factors analyzed by the Commission show that the domestic industry is seriously injured under the safeguard statute. C.
The Domestic Industry Is Threatened with Further Serious Injury As established above, the domestic industry suffered significant market share losses, deteriorating financial performance, low and declining capacity utilization, and a negative impact on its employment. Without the provision of immediate relief through this safeguard investigation, imports threaten continued serious injury to the domestic industry.
1. Decline in Sales and / or Market Share( 19 C. F. R. § 206.14( e)( 2)( i))
The huge increase in imports from 2020 to 2024 has led to a decline in U. S. sales and market share for the domestic industry. Over a period when overall demand in the U. S. market expanded by [ ], the domestic industry’ s U. S. commercial shipments [
] from [ ] in 2020 to [ ] in 2024. 108 As mentioned above, Caesarstone also reported declines in its revenues over the POI. 109
The market share of the domestic industry as a whole declined from [
] in 2020 to [ ] percent in 2024, a decline of [ ] percentage points. 110 This loss of market share by the domestic industry shows how quickly imports have supplanted U. S. production. If left
108 Calculation of Market Share, attached as Exhibit 9. 109 Stone Update, Caesarstone: Positioning for 2024( Feb. 22, 2024), attached as Exhibit 13. 110 Calculation of Market Share, attached as Exhibit 9.
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