TAIPEI, Taiwan (BRAIN) — Taiwanese bicycle exports for the first four months of the year offer a mixed picture on the state of the industry — while e-bike exports posted healthy growth, exports of conventional bicycles continued to decline.
As for e-bikes, exports hit 82,000 units from January through April — up 34.4 percent compared year over year. The overall export value was $113 million, up 55.5 percent; the average per unit value was $1,378.
But for conventional bikes — road, transit and mountain — exports fell 11.8 percent to 740,000 units. On the upside the overall value of those exports increased 14.2 percent to $435 million. That boosted the average unit value 29.4 percent to $588 — a record.
Taiwan’s Ministry of Finance released the data at a press briefing last week in Taipei.
The decline in conventional units reverberates throughout the industry — fewer wheelsets, tires, chains, saddles and other key components are sold to the world’s bicycle brands. While an upswing in e-bike sales is welcome news, Taiwan’s industry continues to struggle through what amounts to a mini-depression. In meetings with industry executives while visiting various factories in Taichung and Tainan, all acknowledged that business is difficult, margins are under …read more