ENTRY BARRIERS: The association said that premiums for high-end bicycle products help local manufacturers compete with Chinese peers that produce cheaper models
Taipei Times
Date: Dec 14, 2017
By: Kuo Chia-erh / Staff reporter
The Taiwan Bicycle Exporters’ Association yesterday voiced optimism about the outlook of the nation’s bicycle manufacturing industry next year, given an upward trend in the average selling price of bike exports.
In the first 10 months of this year, the average selling price of an exported bicycle was US$540.76, a 10.5 percent increase from US$489.53 in the same period last year, data compiled by the Taiwan External Trade Development Council (TAITRA, 外貿協會) showed.
The unit price reflects the competitiveness of Taiwanese bicycle manufacturers, association secretary-general Gina Chang (張蕙娟) told reporters after a news conference, adding that the decline in bike export numbers might be short term.
[FULL STORY]