HS Code:
Click twist grips and click stick levers fall under the category of motorcycle and bicycle components, typically classified under HS Code 8714.99 (parts and accessories of motorcycles and bicycles). These components are specialized handlebar-mounted controls used for gear shifting and braking, offering ergonomic design and precise control. They are primarily used in high-performance bicycles and motorcycles, catering to both professional and recreational users. The global trade of these components is driven by the growing demand for advanced cycling and motorcycling equipment, particularly in regions with strong outdoor sports cultures and urban mobility trends.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
$75 million USD
30% of total trade of total trade
Increasing
$50 million USD
20% of total trade of total trade
Stable
$40 million USD
16% of total trade of total trade
Increasing
$30 million USD
12% of total trade of total trade
Stable
$25 million USD
10% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
10% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA or USMCA)
Rising demand for e-bikes and electric motorcycles
Increased need for advanced click twist grips and levers compatible with electric systems, boosting trade in high-tech components
2021-2023
Sustainability and lightweight materials
Shift towards carbon fiber and aluminum-based components, increasing production costs but enhancing product appeal in premium markets
2020-2022
Growth in urban cycling infrastructure
Higher demand for bicycle components in urban-centric markets like Europe and North America, driving export growth from manufacturing hubs
2019-2023
The European Union introduced anti-dumping duties ranging from 5-8% on certain bicycle components, including click twist grips, to counter subsidized exports from China.
March 2023
Increased costs for EU importers, potentially shifting trade towards Taiwan and Japan
Japan and Taiwan expanded their trade agreement to reduce tariffs on motorcycle and bicycle parts, including click stick levers, to 0% over a phased period.
January 2023
Boosted bilateral trade and strengthened supply chains in the Asia-Pacific region
Leading manufacturers like Shimano (Japan) and SRAM (USA) launched new click twist grip models with enhanced ergonomic features for professional cyclists.
June 2022
Increased market competition and demand for premium products in North America and Europe