Import E-Bikes Continues to Grow Briskly
BRUSSELS, Belgium – The electric bike market in Europe must have performed exceptionally good in 2015. This is indicated by the Eurostat import statistics. In the January to August 2015 period the total e-bike import grew by 26.5% to over 550,000 units.
The e-bike import growth of over 25% contrasts sharply with the import of ‘regular’ bicycles. This grew by only 2.1% in the first eight months of 2015 compared to the same period in 2014. Total bicycle import stood at close to 5.3 million units. It brought the total import (e-bikes and regular bikes) to some 5.8 million units in which the e-bike share came in at about 10%.
25km/h – 250W models
From that total of 550,000 imported e-bikes, about 390,000 were 25km/h – 250W models. The import of these e-bikes grew by a big 24.3% while the average value per imported unit stood at close to € 500. The vast majority of the 25km/h – 250W electric bicycles were imported from China; about 300,000 in total, up 17.4% in the January – August 2015 period compared to the same period a year earlier.
According to Eurostat, which is the EU’s data bureau, the import of speed e-bikes (also called speed pedelecs) grew big time in the January – August 2015 period by nearly one third. A total of 172,000 were imported at an average value per unit that was about the same as for the 25km/h – 250W e-bikes; close to € 500. And as with the ‘regular’ electric bikes, China is by far the biggest exporter of speed e-bikes. Close to 130,000 were imported without any dumping duty and at only 6% import duty. China’s export of speed e-bikes to the 28 EU member states was up 41% in the first eight months of 2015 compared to the same period in 2014.