Export to Europe and the United States is increasing rapidly! The annual revenue of bicycle industry will exceed 360 billion yuan

category:Finance
 Export to Europe and the United States is increasing rapidly! The annual revenue of bicycle industry will exceed 360 billion yuan


Looking for opportunities in crisis, export growth against the trend

The novel coronavirus pneumonia epidemic is spreading all over the world. Bicycles and electric bicycles become the first choice for many people to travel short distances.

According to statistics, Chinas exports of electric bicycles and parts increased by $0.9 billion to $0.9 billion this year. Among them, 41.663 million bicycles were exported, with an increase of 3.9%, and the export value was 2.434 billion US dollars, an increase of 12.0%; the export of electric bicycles was 1.197 million, an increase of 5.2%, and the export value was 470 million US dollars, an increase of 2.7%.

In 2016, the total value of bicycle and E-bike parts imported from China in Europe was about 1 billion euro, and it has increased to 1.5 billion euro by 2019. It is expected that 2020 will be close to 2 billion euro. Said ehad Bucher, President of the European Bicycle Industry Federation.

New formats emerge and new demands increase

The digital and intelligent transformation brought by 5g era, the new trend brought by the new national standard of electric bicycles, and the emergence of business models such as fresh food and delivery, shared travel, etc., provide new opportunities for the development of the bicycle industry.

Liu Suwen, President of China Bicycle Association, said that the trend of high-end bicycle products is obvious, and the output of bicycles with a price of over 1000 yuan has increased year by year. In 2019, the high-end products represented by lithium-ion electric bicycles account for 13.8% of the total output of electric bicycles, with an annual output of nearly 5 million, reaching a new high.

It is reported that in recent years, Chinas annual sales of electric bicycles have exceeded 30 million, and by the end of this year, the number of social ownership will be close to 300 million.

Liu Baosheng, chairman of the China Battery Industry Association, believes that the demand for lithium batteries for electric bicycles will blow out. By 2022, the demand may be more than three times higher than that in 2019.

Adapt to new trends and seize new opportunities

Zhang Chong said the novel coronavirus pneumonia epidemic is still continuing and the risk challenge is increasing. The bicycle industry has a wide industrial chain, a large market scale and a high degree of globalization, so it is necessary to do something in helping to build a new development pattern. According to the China Bicycle Association, during the 14th five year plan period, Chinas bicycle industry will list the safety technology of high-energy efficiency lithium batteries as the key technology to achieve breakthroughs, and will promote the release of the consumption potential of leisure fitness and sports competitive bicycles, electric bicycle and other products. The bicycle industry should actively adapt to the new trend of global industrial pattern change, economic restructuring and innovation map reconstruction after the epidemic, increase the intensity of scientific and technological innovation, accelerate the basic research, scene application and market development of high-end lightweight, energy-saving and environmental protection, intelligent Internet connection of the whole industry chain, and enhance the overall competitiveness. Liu Suwen said. Source: surging news editor: Wang Xiaowu_ NF

Zhang Chong said the novel coronavirus pneumonia epidemic is still continuing and the risk challenge is increasing. The bicycle industry has a wide industrial chain, a large market scale and a high degree of globalization, so it is necessary to do something in helping to build a new development pattern.

According to the China Bicycle Association, during the 14th five year plan period, Chinas bicycle industry will list the safety technology of high-energy efficiency lithium batteries as the key technology to achieve breakthroughs, and will promote the release of the consumption potential of leisure fitness and sports competitive bicycles, electric bicycle and other products.