EU Bike Import Shows Huge Shifts
The import flow of bicycles (excluding e-bikes) into the European Union is changing rapidly between countries… What is in particular striking is the massive upswing in imports from Cambodia. In 2011 the European Union imported 366,000 bikes from Cambodia which took the country to the 9th place in the Top Ten ranking of the biggest bike supplying countries of the EU… Cambodia’s bike production in 2012 increased also as A&J expanded its capacity… According to sources inside the country, the export from Cambodia is expected to expand even more in the coming years. In particular as Specialized branded bikes are now also assembled in the country. With that Cambodia is turning even more towards high-end bikes which is reflected in the average value per imported unit. That value increased by 34% in the first half of 2012 to 191 euro per unit..
