Description
China’s Electric Two-wheelers Export
Electric two-wheelers are also called electric bicycles, and China is the world’s largest producer, consumer and exporter of two-wheeled electric vehicles. Since the electric two-wheelers produced in China have the advantages of high cost performance and wide variety, the export volume of Chinese electric two-wheelers has been increasing in recent years.
In 2021, China exported 22.875 million electric two-wheelers, up 27.5% year-on-year, and exported US$5.28 billion, up 50.7% year-on-year. According to CRI’s analysis, in the first three quarters of 2022, China exported 13.044 million electric two-wheelers, down 22.6% year-on-year, and exported US$4.23 billion, up 9.3% year-on-year.
In 2021, China exported electric two-wheelers to a total of 193 countries and regions. According to CRI’s analysis, China’s major export destinations for electric two-wheelers by volume are the United States, the Netherlands, Canada, Germany and France. In 2021, China exported 9.411 million electric two-wheelers to the U.S., accounting for 41.1% of the total export volume and US$1.52 billion, or 28.7% of the total export value.
CRI analyzes that the average export price of China’s electric two-wheelers in 2018-2022 generally shows a change trend of first decreasing and then increasing. 2018-2020, the unit price of electric two-wheelers exports decreases slightly and remains roughly in the price range of US$195-210 per unit. 2020-2022, the unit price of electric two-wheelers exports increases year by year in the first three quarters. 2022, in the first three quarters, the China’s average export price of electric two-wheelers was US$324.6 per unit, up 41.3% year-on-year.
In 2021, the average export price of China’s electric two-wheelers is US$231.0 per unit. CRI analysis shows that among the top ten destinations of China’s electric two-wheelers, the average unit price of electric two-wheelers exported to the United States is the lowest at US$161.1 per unit, and the average unit price of electric two-wheelers exported to South Korea is the highest at US$472.1 per unit.
In the global environment of energy saving and emission reduction, the market demand for electric two-wheelers has increased greatly. China is the world’s largest two-wheeled vehicle production base, and the vast overseas market provides new opportunities for China’s electric two-wheeled vehicle exports, which CRI expects will further expand in 2023-2032.
Topics covered:
- China’s Electric Two-wheelers Export Status and Major Sources in 2018-2022
- What is the Impact of COVID-19 on China’s Electric Two-wheelers Export?
- Which Companies are the Major Players in China’s Electric Two-wheelers Export Market and What are their Competitive Benchmarks?
- Key Drivers and Market Opportunities in China’s Electric Two-wheelers Export
- What are the Key Drivers, Challenges, and Opportunities for China’s Electric Two-wheelers Export during 2023-2032?
- What is the Expected Revenue of China’s Electric Two-wheelers Export during 2023-2032?
- What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
- What are the Competitive Advantages of the Major Players in China’s Electric Two-wheelers Export Market?
- Which Segment of China’s Electric Two-wheelers Export is Expected to Dominate the Market in 2032?
- What are the Major Adverse Factors Facing China’s Electric Two-wheelers Export?
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