'Taiwan exported 4.6 million bicycles last year, up 220,000 from the figure for 2004, representing year-on-year growth of 5 percent... The total export value hit US$918 million, a phenomenal increase of US$720 million, or 27.5 percent over the 2004 level. In addition, the average unit price of Taiwan-made bikes has quadrupled from US$44 in 1989 to US$199 last year. Some 80-90 per cent of Taiwan-made bikes are for export, mainly to Europe, the US and Japan...' More / 'Value' bike industry / Product awards / Official site
