According to the stats in the report by Eurostat, the number of electric bikes imported from China has dropped by a massive 91.07% in the first six months of 2019, in comparison to the same time frame at the beginning of last year. The statistics, presented by Bike Europe, show that just 54,643 electric bikes were imported to EU member countries in the first six months of this year whereas, on the contrary, 611,952 were imported in the first six months of 2018.
As an established UK electric bike shop, it is important to understand which countries are providing more and more imports.
Out of the top ten importers of countries outside the EU, China is the only country to have seen a decrease in import numbers, with several other countries witnessing a marked rise. The following four countries have provided significantly more electric bikes to EU members this year, compared to last:
The anti-dumping ruling has resulted in an influx of investment from far-eastern based organisations – such as Bafang, the e-bike motor manufacturer who opened up a sizeable facility in Poland recently.
Before the duties were imposed, China were way ahead of these countries as the leading exporter of E-bikes to EU countries. However, the new rulings mean that they now sit third, with Vietnam moving up to second and Thailand topping the table. When we look at the statistics overall, from the first six months of this year compared to that of the previous year, the role China played prior to the changes is evident:
As we can see, the number of imported E-bikes and the value of those bikes over the aforementioned period has dropped considerably, as a result of the duties. With production sources originating closer to home, the average price of each unit has skyrocketed. The production of E-bikes in Europe continues to rise and much more is expected to come in terms of that expansion.
As leading providers of electric bikes to Exeter, Devon and the UK, we are duty-bound to keep up with the latest advancements in the E-bike industry. Why not pop down to our Honiton shop and trial some of the latest, competitively priced e-bikes and accessories? Get in touch to discuss this issue in more detail or contact us to speak about the bikes and offers we have in store at the moment.