EU Bike Import Increases 4% in 2014; Accelerating in 2015
BRUSSELS, Belgium – Close to 7.7 million bicycles (excluding e-bikes) were imported into the EU with its 28 member states in 2014; up 4.0% on the total import of 2013. According to the latest data covering the first four months of this year imports are accelerating in 2015.
According to EU data bureau Eurostat, the 2014 import of complete bicycles into the European Union stood at 7.699,000 units compared to 7,409,000 a year earlier. This number is excluding electric bikes and speed e-bikes as their import is tracked separately by the data bureau.
Taiwan the undisputed leader
Taiwan remained the undisputed leader in the ranking of the biggest bike supplying countries of the EU. Import from the island dropped less than one percent compared to the 2013 total and stood at 1,856,000 units.
Import from Cambodia hampered
The 2014 figures clearly shows that the import from Cambodia was hampered because the bike industry in the country was being scrutinized by the European Commission for illegal (anti-dumping duty evading) practices. It resulted in a significant drop. 1.2 million bikes were imported from Cambodia; 13% down on the 2013 total.
Import from Philippines
Bike import from the Philippines increased with big double digit figures; plus 15% to some 910,000 units. Meanwhile, on May 18, 2015 the European Commission imposed anti-dumping duties on the import of bicycles from Cambodia, and the Philippines. Only three Cambodian companies, including A&J, Smart Tech and Speedtech Industrial as well as Procycle Industrial from the Philippines are excluded. It will undoubtedly bring the import from the Philippines down again in 2015.
Surprising is also the big increase in import from Bangladesh which grew by over 20% to 660,000 units.
Acceleration of import from Taiwan
This year the import of complete bikes into the EU looks to be accelerating. According to the data from the Taiwan Bicycle Association (TBA) in the first four months of this year the export of complete bicycles from Taiwan to the EU totalled 883,000 units. This number represents a 25% increase compared to the same period in 2014.