HS Code:
The category 'Casing for bicycle derailleur cables; and casing for cable or inner wire for caliper and cantilever brakes, whether or not cut to length' falls under HS Code 8714.99 (Parts and accessories of bicycles and other cycles). This category includes protective casings used for bicycle derailleur cables and brake cables, essential for ensuring smooth operation and durability of bicycle gear shifting and braking systems. These casings shield the inner cables from environmental factors like dirt, moisture, and wear, and are typically made from materials like plastic, rubber, or metal composites. This product category is critical in the bicycle manufacturing and repair industries, catering to both consumer and professional markets globally.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$60 million USD
40% of total trade of total trade
Increasing
$30 million USD
20% of total trade of total trade
Stable
$15 million USD
10% of total trade of total trade
Stable
$10 million USD
6.7% of total trade of total trade
Increasing
$8 million USD
5.3% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand for lightweight materials
Increased use of advanced polymers and composites in casings to reduce bicycle weight, driven by consumer preference for high-performance bikes.
2021-2023
Growth in e-bike market
Higher demand for durable casings compatible with electric bicycles, which often require specialized components for enhanced performance.
2020-2023
Sustainability focus
Manufacturers are shifting towards eco-friendly materials and recyclable casings due to regulatory pressures and consumer awareness.
2022-2023
The European Union introduced provisional anti-dumping duties on certain bicycle components, including cable casings, from China to protect domestic manufacturers.
March 2023
Potential increase in costs for EU importers, possible shift in sourcing to Taiwan or Vietnam.
Major manufacturers in Japan and Taiwan unveiled new low-friction casings designed to improve shifting precision and braking efficiency for high-end bicycles.
July 2023
Expected to drive demand in the premium bicycle segment, influencing trade patterns towards higher-value exports.
Under the USMCA agreement, tariff-free trade of bicycle components, including casings, between the US, Canada, and Mexico has increased regional supply chain integration.
January 2023
Strengthened North American market, reducing reliance on Asian imports for certain segments.