SHANGHAI, China – “The Chinese bike industry will in the years to come be faced with a low growth rate.” This was said by Ma Zhongchao (photo), President of the China Bicycle Association at the 22nd China Cycle Show which closed its doors April 29. During this year’s Shanghai Show a Cycle Forum with a series of seminars was organized. Here the latest statistics for China’s bike production and export were presented including the ones for e-bikes.
Last year China produced 83.4 million bicycles which is about the same number as in 2010 with ended with a production of 81.6 million bikes. Export stood in 2011 at 55.7 million units which was 58.2 million in 2010.
Also in electric bikes sales and export are leveling off. 2010 sales stood at 29.5 million units in China. For 2011 this number stood slightly higher with 30.9 million units. The export of China made electric bikes saw only a small growth in 2011 compared to 2010. Last year 607,000 complete e-bikes were exported from China; in 2010 this number stood at 585,000 units. Europe’s is by far the number one export destination for made in China electric bikes. Over 70% of these bikes make their way to Europe.
At the China Cycle Forum it was noted that: “China Cycle 2012 Show is taking place against the background of the shadow of the international subprime mortgage crisis; the European debt crisis and at a period of economic structure adjustment in China. However, the large amount of renowned foreign enterprises from Europe and the US in particular participating in this year’s show, fully illustrates the fact that China will become the world largest consumer market of middle and high-end bikes by 3 years.”
Noteworthy new exhibitors
Noteworthy newcomers as exhibitors at this year’s China Cycle were Dorel Industries with its brands Cannondale, GT and Mongoose as well as Ghost and KTM to name a few. Other renowned names from Europe like Bianchi, BH, Gazelle, Orbea or Look have been coming to the Shanghai show for years already.
One of the main topics at this year’s 22nd China Cycle show was the, by the European Commission initiated, renewed investigation on the anti-dumping duties for China made bikes that are exported to Europe. Talks with several European exhibitors learned that the feeling is that these dumping duties will, after over twenty years, be dropped in June 2013.