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Official says component sales to China were a bright spot as bicycle exports slowed

Published March 23, 2017

TAIPEI, Taiwan (BRAIN) — Despite what has been a sober accounting of the decline last year in bicycle exports from Taiwanese manufacturers, accessory suppliers appear to be faring a bit better.

Gina Chang, secretary general of the Taiwan Bicycle Exporters' Association (TBEA), said accessory and component sales have remained a bright spot.

“In comparison with bikes, the demand for components has remained steady the past few years,” Chang told the Taipei Times. And, she pointed out, manufacturers and suppliers in Taiwan are likely to benefit from China’s current fascination with a variety of bike sharing services.

While she offered no detailed insight on sales forecasts for this year, she said sales should remain robust in the near term in part due to continued demand and low tariffs on Taiwan shipments to China.

On the other hand, while sales of Taiwan-made bicycles shipped to China also declined last year, the average selling price of bikes shipped across the Taiwan Strait improved on a dollar basis.

The average wholesale price in rose from $473.98 in 2015 to $502.38 last year. That, Chang said, indicates Taiwanese bikes are still sought after by Chinese consumers who want higher-quality bicycles.

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