Big Growth in Regular Bicycle Imports from China in 2017
BRUSSELS, Belgium – Is it because of state subsidies or “significant distortions” leading to benefits for, for instance, prices for aluminium? Are such state subsidies offered by the Chinese government making it possible that, despite the 48.5% anti-dumping duty next to an import tax of 14%, the import of regular bicycles from China grew hard in 2017?
That big growth in the import of regular bicycles from China is evidenced by the latest Eurostat figures. They show a sudden big growth.
Over 50% increase
After years of hovering between 350,000 to 400,000 units suddenly the import of regular bicycles from China climbed to 635,000 units. It means that in 2017 this import increased by a big 54%. This surely must have raised some eyebrows of stakeholders inside the EU industry. And probably also more than that viewing the “Notice of initiation of an expiry review of the anti-dumping measures applicable to imports of bicycles originating in the People’s Republic of China.”
Taiwan’s bicycle export to EU
Also some very interesting developments come to light when looking at the countries of origin of the imported conventional bicycles. Like the fact that Cambodia is now EU’s biggest bicycle supplier. It has overthrown Taiwan from that number one position which the island off the coast of China has taken up for over 20 years. In 2017 1.3 million bicycles were imported from Taiwan; down a big 16% on the 2016 total.
Cambodia is now EU’s biggest supplying bicycle country with an EU import from that country standing at more than 1.4 million units in 2017.