Exports of complete bicycles from Taiwan increased by just over 10 percent to $1.9 billion in 2015, according to the Taiwan Bicycle Association (TBA). The export volume for complete bicycles was up by 6.55 percent to 4 million units, and the unit price moved up by 3.27 percent to $474.02. About 83,000 e-bikes were shipped from Taiwan last year, up by 25.27 percent, with growing demand in Europe and North America. Some 67,000 e-bikes were dispatched to the European Union. The E.U. remained the largest market for Taiwanese bicycles overall, accounting for 55.15 percent of the volume or more than 830,000 units. Exports to Italy nearly doubled, while shipments to the U.K. increased by nearly 9.8 percent. Demand sharply increased in the U.S. as well, leading to a rise of nearly 21 percent in imports from Taiwan. The top five individual markets for Taiwanese bicycle exports in value last year were the U.S., the Netherlands, the U.K., Japan and Germany, which all raised the value of their Taiwanese bicycle imports – apart from Germany, where they fell by 4.35 percent in value. The largest categories of Taiwanese bicycle exports were mountain bikes with 1,114,000 units and a value of $763 million, ahead of road bikes with 911,000 units worth $652 million and city bikes with 585,000 units amounting to $155 million. The TBA adds that bicycle parts exports advanced by 5.45 percent for the year to reach 1.1 billion. The sharpest rise came from electrical lighting equipment exports, up by more than 85 percent, although the category remains relatively small with a value of $22.5 million last year.

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