EU Imports of Regular Bicycles from China Continue to Grow Rapidly
BRUSSELS, Belgium – Already in 2017 the EU imports of regular bicycles from China showed a huge increase; by 54 percent to 635,000 units. Eurostat import data for the first half of 2018 shows that this vast growth continued. These figures also reveal significant changes as to where regular bicycles are made that are shipped to Europe.
Interesting developments come to light when looking at countries of origin of the imported conventional bicycles. Like the fact that Cambodia is now EU’s biggest bicycle supplier. During the first half of this year the country managed to secure its leading position further as already in 2017 it showed that Cambodia had overthrown Taiwan from that number one position.
Import from Taiwan
For over 20 years the island off the coast of China was Europe’s main supplier of regular bicycles. In 2017 bicycle import from Taiwan however dropped 16 percent on the 2016 total. During the first half of 2018 this trend continued. The drop in the import of regular bicycles was with minus 23 percent even bigger. The import from Taiwan totaled 560,000 units in the first half of 2018.
The decrease in the import of ordinary bicycles is however offset by a rapidly growing e-bike import from Taiwan. In the first six months of this year the EU imported 54 percent more e-bikes from Taiwan compared to the 2017 period. The total for the January to June 2018 total stood at close to 100,000 units.
Import from Cambodia
As said, Cambodia is now EU’s biggest supplying bicycle country. And stands firmly at that number one position. Import from the country that benefits from the EU’s Generalized System of Preferences (GSP) import duty free status (allowing for a 14 percent import duty edge on countries that do not hold such GSP status) grew in the first half of 2018. Import from Cambodia was up by close to 7 percent to some 870,000 regular bicycles.
Import from China
After years of hovering between 350,000 to 400,000 units suddenly the import of regular bicycles from China climbed last year with over 50 percent to 635,000 units. In the first half of this year import growth was again big; by 33 percent to close to 380,000 regular bicycles. This despite the 48.5% anti-dumping duty as well as an import tax of 14%. This growth surely contributed to the European Bicycles Manufacturers’ Association (EBMA) again applying for an extension of the current anti-dumping measures on bicycles imported from China.
On 4 June, 2018 the European Commission announced in the EU Official Journal 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.” These measures expired on 6 June, 2018. During the expiry review period, which takes up a legally fixed term of 9 months, the current 48.5% anti-dumping rate on regular bicycles imported from China will stay in place.
Also the bicycle import from Bangladesh and the Philippines showed some growth in the first half of this year. These countries stand at fourth and fifth places respectively in the ranking of biggest supplying countries to the EU with both having a 370,000 units import.