Report Update Apr 1, 2024

Taiwan (Chinese) - Bicycles and Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights

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Taiwan (Chinese): Bicycle Market 2022

Bicycle Market Size in Taiwan (Chinese)

The Taiwanese bicycle market rose significantly to $X in 2020, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the near future.

Bicycle Production in Taiwan (Chinese)

In value terms, bicycle production contracted to $X in 2020 estimated in export prices. In general, production continues to indicate a slight contraction. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Bicycle production peaked at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Bicycle Exports

Exports from Taiwan (Chinese)

Bicycle exports from Taiwan (Chinese) dropped rapidly to X units in 2020, reducing by -X% on the previous year's figure. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Exports peaked at X units in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, bicycle exports shrank to $X in 2020. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

The Dominican Republic (X units) was the main destination for bicycle exports from Taiwan (Chinese), accounting for a X% share of total exports. Moreover, bicycle exports to the Dominican Republic exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold.

From 2007 to 2020, the average annual growth rate of volume to the Dominican Republic was relatively modest.

In value terms, the Netherlands ($X) and the Dominican Republic ($X) appeared to be the largest markets for bicycle exported from Taiwan (Chinese) worldwide.

The Netherlands (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average bicycle export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price saw prominent growth. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the Dominican Republic stood at $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Bicycle Imports

Imports into Taiwan (Chinese)

For the third consecutive year, Taiwan (Chinese) recorded decline in supplies from abroad of bicycles and other cycles, which decreased by -X% to X units in 2020. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of X units. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, bicycle imports reduced dramatically to $X in 2020. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), Japan (X units) and China (X units) were the main suppliers of bicycle imports to Taiwan (Chinese), with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in the United Arab Emirates, while purchases for the other leaders experienced a decline.

In value terms, Japan ($X) constituted the largest supplier of bicycle to Taiwan (Chinese), comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Japan totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

In 2020, the average bicycle import price amounted to $X per unit, increasing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bicycles and other cycles in the world?

The countries with the highest volumes of bicycle consumption in 2020 were China, United States and India, together accounting for 43% of global consumption. These countries were followed by the Netherlands, Japan, Bangladesh, Indonesia, Germany, Italy, Thailand and Russia, which together accounted for a further 24%.

What are the largest producers of bicycles and other cycles in the world?

China constituted the country with the largest volume of bicycle production, accounting for 56% of total volume. Moreover, bicycle production in China exceeded the figures recorded by the second-largest producer, India, fivefold. United States ranked third in terms of total production with a 4.6% share.

What are the leading suppliers of bicycles and other cycles to Taiwan (Chinese)?

In value terms, Japan constituted the largest supplier of bicycle to Taiwan Chinese), comprising 71% of total imports. The second position in the ranking was occupied by China, with a 16% share of total imports. It was followed by the United Arab Emirates, with a 5.5% share.

What are the leading importers of bicycles and other cycles from Taiwan (Chinese)?

In value terms, the largest markets for bicycle exported from Taiwan Chinese) were the Netherlands and the Dominican Republic.

What is the average export price for bicycles and other cycles in Taiwan (Chinese)?

The average bicycle export price stood at $629 per unit in 2020, increasing by 54% against the previous year.

What is the average import price for bicycles and other cycles in Taiwan (Chinese)?

In 2020, the average bicycle import price amounted to $90 per unit, increasing by 30% against the previous year.

This report provides an in-depth analysis of the bicycle market in Taiwan (Chinese). Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
Prodcom 30921030 -
Prodcom 30921050 -

Country coverage:

Taiwan (Chinese)

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Taiwan (Chinese)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023