Eurostat Data Confirms Acceleration of E-Bike Imports from China
BRUSSELS, Belgium – The latest Eurostat import figures confirm a major increase of Chinese e-bikes into the European Union as foreseen by EBMA’s Secretary General Moreno Fioravanti. While Eurostat is per 1 January 2017 tracking the e-bike import under new CN Codes, the volume of Chinese e-bikes imported on the European markets between January up to and including September 2017 surpassed 550,000 units.
More accurate Eurostat import statistics for e-bikes is the result of precise product descriptions in combination with new CN codes. Statements of the European Bicycle Manufacturers Association’s (EBMA) Secretary General Fioravanti published by Bike Europe said “Export data from Chinese Customs and Eurostat data finally match and this data reveals an accelerating import of e-bikes from China in 2017.” This claim is supported by extracts from the Eurostat database on e-bike imports by this trade journal in the January-September 2017 period.
More than 550,000 Chinese e-bikes
According to Eurostat a total of 763,665 e-bikes in the 250W – 25km/h category were imported into the European Union between January and September 2017. The bulk (551,222 units) originated from China. The second largest exporter is Taiwan with 91,717 units followed by Vietnam (Cambodia) with 91,524 e-bikes. With 18,932 units Switzerland is also a notable supplier of e-bikes to the European Union. New in the top five of e-bike’s selling countries to the European Union is Thailand which saw its volume increase from scratch in 2016 to 6.753 units last year. The overall average import value of the imported e-bikes stands at 557.34 euro.
27 percent increase
As part of the dumping complaint filed early October last year, EBMA reported an export volume from China to the European Union and based on Chinese export data of 312,000 units in 2015 and 434,000 e-bikes in 2016. For their investigation of the Chinese e-bike export volume in 2015 and 2016, EBMA still used the China’s customs data as the Eurostat data was not accurate enough. Based on the latest (and now claimed to be accurate) Eurostat statistics covering the first three quarters of 2017, China’s e-bike export to the EU has already surpassed the volume for the whole of 2016 by 27 percent.