China's Bicycles Industry Headed for Tough Times as Key Export Markets Adopt Stricter Quality Standards.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c25965 ) has announced the addition of Bicycles to their offering China exported US$1.6 billion worth of bicycles in 2004. However, the industry is headed for tough times, as key export markets adopt stricter quality standards or higher tariffs This is a list of tariffs and trade legislation:
adj. Detailed; thorough: an in-depth study. in-depth Adjective detailed or thorough: an in-depth analysis profiles of key manufacturers, this report will help you stay a step ahead of your competitors in a rapidly expanding supply market. Plus...short profiles of other suppliers, a gallery of 130+ export products and a comprehensive industry overview will make your sourcing efforts easier than ever before. What you will get - Deep profiles of 15 major suppliers that offer details on manufacturing capabilities, quality controls, future development plans and more. Based on personal factory tours A factory tour is a free tour sponsored by the company providing the tour to promote their products, contrary to an escorted tour or a self-guided tour where there usually is a substantial cost involved because they are businesses within themselves. and interviews with senior managers, this information is available nowhere else - Profile tables of 86 additional suppliers, with key information such as production capacities, export capabilities, export markets and main machinery installed - A Product Gallery featuring 138 of the most popular export bicycles, with key specifications and full-color pictures - The results of the latest supplier survey, summarizing price, product, production and R&D trends for the next 12 months - This report covers: mountain bicycles, children's bicycles, dirt bicycles, electric bicycles, city bicycles and folding bicycles A folding bicycle or folder is a type of bicycle that incorporates a number of hinges or joints, which may be lockable, that permit it to be folded into a more compact size. Typically this works by folding one or more of the bicycle's components, most often the frame. How you will benefit - Improve your competitive edge with an advance look at upcoming bicycle bicycle, light, two-wheeled vehicle driven by pedals. The name velocipede is often given to early forms of the bicycle and to its predecessor, the dandy horse, a two-wheeled vehicle moved by the thrust of the rider's feet upon the ground. models - Enhance your product knowledge of electric bikes -- the world's fastest-growing bicycle category - Get your best price by using the comprehensive Price Guides to benchmark different models and suppliers - Easily contact any of the 101 featured suppliers, with phone numbers, e-mail addresses See Internet address. e-mail address - electronic mail address and other verified ver·i·fy tr.v. ver·i·fied, ver·i·fy·ing, ver·i·fies 1. To prove the truth of by presentation of evidence or testimony; substantiate. 2. contact details. - When you purchase this China Sourcing Report, you'll you'll Contraction of you will. you'll you will or you shall you'll will also get online access -- at no extra charge -- to complete details of all featured suppliers in it. These details can be filtered and sorted as you wish. Topics Covered EXECUTIVE SUMMARY, INDUSTRY OVERVIEW, SUPPLIER PROFILES, PRODUCT GALLERY, SUPPLIER CONTACT DETAILS Summary China is the largest manufacturer of bicycles in the world, accounting for 80 percent of global output. The country produced 78 million bicycles in 2004, of which 51 million units worth US$1.6 billion were exported. Although export sales grew by a healthy 14.5 percent last year, growth in terms of volume was only 2.4 percent, a sharp decline from the 11 percent increase registered in 2003. The higher growth rate in value terms last year can be attributed to a rise in export prices and to an increase in shipments of electric bikes, which are more expensive than other types of bicycles. From January to April 2004, the average price of a bicycle exported from China was US$32, and it climbed to US$34 over the same period in 2005. Export volume growth, on the other hand, was lower in part due to a dip in shipments to Japan, the country's second-largest market. The following are some of the trends we see in China's bicycle export industry: - Overseas shipments will continue to grow modestly in the next 12 months. While export volume is expected to increase by up to 5 percent, the escalating demand for electric bikes will result in a much higher rise in total export sales. - The output of electric bikes will rise substantially, with new companies joining the line and many existing suppliers increasing focus on the product. - A number of makers will also increase R&D on folding and chainless bikes, two of the newer product lines with export growth potential. - Product safety and quality will gradually improve as makers in China strive to meet standards set by their second largest market, Japan. - Most suppliers will focus on exports to the US and explore other markets, as the EU raises antidumping an·ti·dump·ing adj. Intended to discourage importation and sale of foreign-made goods at prices substantially below domestic prices for the same items. duties on China-made bicycles. Mountain bikes account for about 40 percent of bicycle exports from China. In 2004, the country exported 16.7 million mountain bikes valued at US$682 million. Dirt bikes are the second largest category, with 12 million units worth US$266 million exported last year, while children's bikes were at 9 million units valued at US$136 million. Shipments of racing bikes remain low at 12,000 units, since very few suppliers in China are capable of the precision engineering required for the product. Electric bike exports are estimated at about 2 million units. China makers also manufacture city, folding, tandem (Tandem Computers Inc., Cupertino, CA) A former major manufacturer of fault-tolerant computers founded in 1974 by James Treybig and provider of the early 21st century technology for HP's enterprise computing strategy. and recumbent recumbent /re·cum·bent/ (re-kum´bent) lying down. re·cum·bent adj. Lying down, especially in a position of comfort; reclining. bikes, the first of which is a large export category. This report focuses on bicycles that comprise most of China's exports including mountain, dirt, children's, city, electric and folding bikes. The Products & Prices section discusses the features and prices of these major bicycle types. The R&D/ Design module details suppliers' research plans including development of components, while the Manufacturing section explains production and QC testing procedures. This report also includes an overview of Taiwan's bicycle industry The Bicycle Industry or Cycling Industry can broadly be defined as the industry concerned with bicycles and cycling. It includes at least bicycle manufacturers, part or component manufacturers, and accessory manufacturers. highlighting the factors that differentiate it from mainland China's industry. For more information visit http://www.researchandmarkets.com/reports/c25965 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion