High-priced leisure bikes, road bikes and mountain bike sales will fall sharply

As far as the import of conventional bicycles in the EU (all categories) is concerned, it is only about 5%, which is not obvious. However, if you look more closely, you will find that it is not quite right, especially the data on the import of conventional bicycles from Taiwan to the EU.

Imported from Taiwan
These types of conventional bicycles imported from Taiwan are high-quality and high-priced conventional bicycles, all of which are well-known brands such as Giant, Merida, Ideal, and Axman. Most of the exports to Europe are conventional bicycles, except for children's bicycles Chinese push bikes manufacturer, because in terms of business, it is more sensible to produce in countries like the Philippines. This shows that the decline in the number of conventional bicycles imported from Taiwan to the EU also reflects the decline of such high-priced bicycles in the EU market. Bike Europe's market report for the European Union's member states in 2017 confirms this, and sales of conventional bicycles have fallen sharply in almost all reports. 
Manufacturing removed from Taiwan?
Imports from Taiwan to the EU fell by 23% in the first three quarters of 2017. Regular bicycles exported from Taiwan fell by at least 20% in 2016, and this trend is also extended to 2017. Therefore, there are questions about whether Taiwan bicycle manufacturing is moving to other Asian countries? Especially those countries that benefit from the EU's Generalized Tariff System (GSP).GSP tax-free import qualification
This GSP system is an import tax concession for countries that are economically backward (especially those that do not have an export industry). Cambodia, the Philippines and Bangladesh are all major countries that export bicycles to Europe (see table, benefiting from the EU's GSP). These three countries even enjoy the most import concessions because they are all eligible for GSP treatment. This means that the EU does not impose import duties when importing conventional bicycles from Cambodia, the Philippines and Bangladesh. Bicycles imported from three countries are not subject to the EU's 14% import tariffs, but are imported from 28 member states and are therefore tax-free. The GSP gives them the qualification to import duty-free.Cambodia
Cambodia is the main beneficiary of GSP+. The data imported by the Eurostat from the country in the first nine months of 2017 showed a very stable status compared to the same period in 2016. The number of imports from Cambodia exceeded 1 million, down only 0.5%. Since the number of imports from Taiwan has fallen sharply, Cambodia has now become the largest importer of conventional bicycles in the European Union.
The number of imports from Taiwan was 963,000, ranking second; it was down 23% from the 1.255 million exported in the first nine months of 2016.Bengal
It is also worth noting that imports from Bangladesh are in full compliance with the development of Cambodia, with a total of approximately 535,000 conventional bicycles, which fell by less than 1% in the first nine months of 2017 and remained stable. Bangladesh ranks third among the top five bicycle importers in the European Union, but was surpassed by the Philippines in the first nine months of 2017. The EU’s imports from the country increased significantly, from 485,000 to 603,000, an increase of 24%. Similarly, there is a question as to whether the bicycle production focus has been transferred from Taiwan to the Philippines. Or European customers of Taiwanese manufacturers now choose to import duty-free bicycles from the Philippines?Philippines
The Philippines was eligible for the GSP at the end of 2014. Almost at the same time, Shimano also opened a bicycle parts manufacturing plant in Luzon, Philippines. The plant covers an area of ​​106,000 square meters and requires an investment of 25 million euros.
In early 2015, Bike Europe noted that the Philippines benefited from the GSP and Shimano's new factory in the country, which will inject new vitality into bicycles imported from Asia to the EU, and it seems to be happening now. In addition to the decline in demand for conventional bicycles in Europe, similar to the changes in Cambodia, the focus is shifting from Taiwan to the Philippines.Bicycle manufacturing in Taiwan
Today there are two major bicycle manufacturers in the Philippines with three factories, such as Shimano (located on Luzon Island). Procycle Industrial Inc. has two Philippine factories and is a subsidiary of Taiwanese trader Jumbo Brico Associated Co. Ltd.
The second largest manufacturer is Collie Cycle Inc., a subsidiary of Taiwanese trader Dumar International. However, Collie Cycle was convicted in June 2015 for circumventing anti-dumping regulations on Chinese imported bicycles. Therefore, goods currently exported to EU member states are subject to a 48.5% anti-dumping duty.
Surprisingly, the fifth largest bicycle supplier in the EU is China. One of the leading push bikes manufacturer in China is Angel Lime. Although the country’s imported bicycles are subject to a 48.5% anti-dumping duty, imports have increased by 39% to 446,000. The reasons for this growth are uncertain.