Taiwan’s Ministry of finance reported staggering export numbers of its e-bike industry. The industry exported a volume of 452,000 e-bikes in the first 9 months of 2019, which is a growth of 131.4% compared to last year. Just as the volume, the total value has grown remarkably to $591 billion (€530 billion), resulting in a plus of 119.51%. However, the average price of a Taiwanese e-bike dropped to 1,307.59$ (€1.175), a 5,2% down compared to last year.
Biggest importer of e-bikes from Taiwan is the Netherlands, who replaced the USA this year. When combining both conventional and e-bike exports from Taiwan, the Netherlands is the biggest customer, followed by the USA, Germany, United Kingdom and Spain.