Electric bike exports to UK from Taiwan surge 66%, U.S.A 69%

Electric bike exports data handed to CI.N from the Taiwan Bicycle Association has revealed shipments from the East Asian island to the UK have grown by 65.89% year-on-year when comparing data captured from January to September.

Continuing to reap the benefits of regulations that have stunted neighbouring China’s electric bike exports, Taiwan and Europe alike have enjoyed picking up the slack in recent times and the latest data has the UK’s USD($) value up 83.9% year-on-year, reaching $23,554,234 million.

In the broader context of European trade the export growth is a standout, beaten only by Italy’s 150% year-to-year import volume growth and Germany’s 78.8% advance.

So far in 2021, the UK has imported 11,350 units from Taiwan, up from 6,842 in 2020. The average price attached to exports of the electric bikes sat 10% up at $1,063.

European, NAFTA and RoW e-Bike trends

Totals are kept for Europe and those in the North American Free Trade agreement. In volume terms, the combined tallies are 20.96% and 54.1% up, respectively.

The value of electric bike export trade into Europe from Taiwan came in at $520,562,109, up 28%, while the North American tally registered $304,430,109 in value, up 64.1%, driven primarily by a 68.9% rise in U.S.A orders. The country took 204,073 units in the nine months to September.

Elsewhere electric bike exports to Australia rose 22%; to China 161%; to Japan 34.2%; Israel 54%; Russia 64% and New Zealand 2%.

As far as high average value per unit trends go, some of the most expensive electric bike exports went to Ireland, Mexico, Canada, France and Greece.