{"id":3703,"date":"2023-04-12T12:19:37","date_gmt":"2023-04-12T12:19:37","guid":{"rendered":"https:\/\/aatworld.com\/?p=3703"},"modified":"2023-04-12T12:19:38","modified_gmt":"2023-04-12T12:19:38","slug":"taipei-cycle-2023-addressing-industry-challenges-and-promoting-sustainability","status":"publish","type":"post","link":"https:\/\/aatworld.com\/ar\/taipei-cycle-2023-addressing-industry-challenges-and-promoting-sustainability\/","title":{"rendered":"Taipei Cycle 2023: Addressing Industry Challenges and Promoting Sustainability"},"content":{"rendered":"<p><strong>In Taiwan, the bicycle industry is looking forward to the return of the Taipei International Cycle Show after a three-year absence.<\/strong><\/p>\n\n\n\n<p><strong>The event provides an opportunity for industry members to discuss pressing challenges face-to-face.<\/strong><\/p>\n\n\n\n<p><strong>The Taiwan bicycle industry had a successful year in 2022, with e-bike exports increasing by 18.1% to \u20ac1.449 billion and regular bicycle exports rising by 23% from \u20ac1.2 billion in 2021 to \u20ac1.5 billion.<\/strong><\/p>\n\n\n\n<p><strong>One significant challenge faced by the industry is the large fluctuations between production and demand.<\/strong><\/p>\n\n\n\n<p><strong>Manufacturers struggled to meet the high demand for products in recent years, leading to an oversupply in 2022 and high inventory levels worldwide.<\/strong><\/p>\n\n\n\n<p><strong>Industry leaders believe the situation will normalize later this year.<\/strong><\/p>\n\n\n\n<p><strong>Pon CEO Janus Smalbraak urges patience, acknowledging a &#8220;mismatch of stock&#8221; in manufacturing but expressing optimism for the long-term trend.<\/strong><\/p>\n\n\n\n<p><strong>The Taipei Cycle Show, with its high number of international exhibitors, may help the industry resolve these issues and reduce inventory levels.<\/strong><\/p>\n\n\n\n<p><strong>Taiwan Bicycle Association (TBA) Chairman and KMC CEO Robert Wu highlighted sustainability as another challenge for the industry.<\/strong><\/p>\n\n\n\n<p><strong>With other sectors making progress in sustainability, the bicycle industry is only just beginning.<\/strong><\/p>\n\n\n\n<p><strong>Taiwan&#8217;s bicycle industry has established the Bicycle Alliance for Sustainability (BAS) to future-proof the industry and meet sustainability regulations in the world markets.<\/strong><\/p>\n\n\n\n<p><strong>Many companies are now exploring ways to make their bicycle production processes more sustainable, starting with their Taiwanese component suppliers.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>In Taiwan, the bicycle industry is looking forward to the return of the Taipei International Cycle Show after a three-year absence. The event provides an opportunity for industry members to&hellip;<\/p>","protected":false},"author":1,"featured_media":3724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/posts\/3703"}],"collection":[{"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/comments?post=3703"}],"version-history":[{"count":1,"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/posts\/3703\/revisions"}],"predecessor-version":[{"id":3725,"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/posts\/3703\/revisions\/3725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/media\/3724"}],"wp:attachment":[{"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/media?parent=3703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/categories?post=3703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aatworld.com\/ar\/wp-json\/wp\/v2\/tags?post=3703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}