February 04 will see lifting of duties on Taiwanese bikes - BikeBiz

February 04 will see lifting of duties on Taiwanese bikes

As neither the European Bicycle Manufacturers' Association nor any individual European bike manufacturers lodged any duty renewal request by today's deadline, bikes from Giant, Merida and other Taiwanese suppliers will land with no anti-dumping duties from 26th February onwards
Publish date:

EBMA chairman Brian Montgomery told BikeEurope magazine that the applied duties were already "at the minimum" and that he did not like to discuss the reasons behind the EBMA decision not to press for another imposition of duty from the EU.

Thanks to previous, successful ant-dumping complaints by EBMA, Giant bikes attract a 2.4 percent duty; Merida and Ming Cycle attract 2.5 percent duty; and most of the remaining Taiwense suppliers have to pay between 5.4 and 18.2 percent duties.

The 15 member states of the EU imported 2 075 000 bicycles from Taiwan in 2002; an increase of 17.2 percent on the 1,770.000 imported in 2001.

The average value of a Taiwan-made, EU-sold bicycle in 2002 was €109.93; down 20.9 percent to the € 139 average value in 2001.

EBMA's Montgomery is now gunning for Chinese bike suppliers, see the link below.

Sources: Eurostat and http://www.bike-eu.com

Featured Jobs

the cycle hub

Workshop Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Monday 10th September 2018

Specialized_Logo_Red promo

Rider Care Representative

Specialized UK Ltd I Chessington, Surrey I Salary: Competitive DOE I Date Published Monday 3rd September 2018