In 2024 there was a 2.9% year-on-year growth in units manufactured in Spain. - Photo AMBE
Spain

Bicycle production in Spain rebounds to growth in 2024

MADRID, Spain - Following a dip in 2023 after two very successful years, bicycle production in Spain rebounded in 2024 with a 2.9% year-on-year increase in volume. Despite the value of the output dipping slightly, the Spanish industry is proving to remain robust compared to pre-pandemic levels.

E-bike production in Taiwan slowed considerably in 2024 as exports volumes show. - Photo Bike EuropeSubscribers only
Subscribers only
Market Report

Subscribers only Taiwanese e-bike exports drop 47% in 2024

TAIPEI, Taiwan - Taiwan exported 47% less e-bikes across 2024, the preliminary custom statistics show. With just under 365,000 units leaving the nation's shores in a year, this is the lowest volume since 2018. The export value also dropped 43% year-on-year meaning the economic ramifications must still be being felt throughout the supply chain.

How can the Taiwanese industry sustain the financial losses it has accrued in 2024? - Photo Bike EuropeSubscribers only
Subscribers only
Market trends

Subscribers only Taiwan on course for €500 mln e-bike export value loss

TAIPEI, Taiwan - The fact that the Taiwanese supply chain has struggled during 2024 is fully evident in the latest custom statistics. In Q3, the island nation exported around 75,000 e-bike units, a 44% drop compared to 2023. E-bike exports to the EU specifically dropped 55% to a mere 34,000 units between July and September. Most significantly, the country is on course to see its export value drop half a billion euros this year in total.

In 2023, more than 301,000 bicycles were manufactured in Spain, doubling the 2019 figures in turnover. - Photo Shutterstock
Production

Bicycle production in Spain rebounds in October

MADRID, Spain - Bicycle production in Spain rebounded again in October with 25,400 bicycles produced for a value of €18.2 million. Compared to the same month of the previous year, this is a growth of 23.3% in units and 16.7% in turnover, according to data published by the Ministry of Industry and Tourism.

Cambodia’s e-bike export in units is still small, but production has made a remarkable start this year. - Photo Council for Development of Cambodia
Market trends

Cambodia gradually shifting exports from bicycles to e-bikes

PHNOM PENH, Cambodia - The slow recovery of the Cambodian bicycle export to the European Union prompted the country's five assemblers to look for new markets. The once leading importer of bicycles into the EU-27 is also facing fierce competition of other major bicycle exporting countries like China and Bangladesh.

E-bike exports to The Netherlands have plummeted according to preliminary figures for July 2024. In this market the impact of reducing the high inventory levels is not yet clear. This will only become apparent at the year-end closing in 2024. – Photo Bike EuropeSubscribers only
Subscribers only
Quarterly data

Subscribers only Taiwan e-bike exports to key European markets under pressure

TAIPEI, Taiwan - Overall e-bike exports from Taiwan grew 5% between Q1 and Q2 of this year, according to the latest customs data. However, exports to Europe in the same period dropped 5%. More worryingly the trend looks set to continue as key markets in Europe see imports plummet in July.