BUDAPEST, Hungary - The Central European country Hungary is known in the industry as the location for the production facilities of Accell Hunland and Giant Manufacturing Hungary Ltd. In an exclusive interview, Róbert Sipiczki, president of the Association Hungarian Bicycle Producers and Traders (AHBPT) elaborates on the difficult local market situation due to limited sales with the most negative dynamics in the lower price brackets.
FRANKFURT, Germany - The fact that the US e-bike market is lagging behind European counterparts is well-known within the industry. A forecast based on a compound annual growth rate (CAGR) of 30% over the next 7 years could see the US e-bike market reach 6.7 million units and match regular bicycle sales in 2030. This data presented at Eurobike by eCycleElectric however, represented the most optimistic scenario.
MADRID, Spain - The mismatch between supply and demand has hit the Spanish bicycle industry very hard. Significant stockpiling has been taking place at both distributors and stores. This situation has not been balanced out yet as the 2023 market statistics show. Still, the Spanish industry association AMBE who presented the market data is still confident about the future market. AMBE also noted that 2024 will still be a difficult year for the industry.
BERLIN, Germany - Bicycle production and sales in Germany attained very high levels in 2023, comparable to the bicycle boom in 2020. Despite the generally negative consumer climate, sales value of bicycles and e-bikes combined in Germany only slightly decreased by 4% from €7.36 billion in 2022 to €7.06 billion last year.
BERLIN, Germany - The German e-bike and bicycle market performed very strong in 2022 with a 10% increase in e-bike sales the national industry organisation, ZIV has reported. Perhaps sales could have been much higher as ZIV CEO Burkhard Stork refers to a "general reluctance of consumers to buy in the second half of the year."
BERLIN, Germany - The e-bike and bicycle sales record during the 2020 pandemic were not just a hype. The latest market statistics published by the national industry organisation, ZIV, in Berlin yesterday afternoon clearly show that the industry was even able to step up production and sales volumes.
AMSTERDAM, the Netherlands - The Dutch market saw a slight decrease of 6% from 833,366 units in 2022 to 804,101 units last year. Thanks to a higher average retail price the revenue was down only 3.7% from 2022 to €1.4 billion in 2023. According to Huub Lamers, chairman of the section bicycles at the industry organization RAI and COO at Pon.Bike, "in times of supply chain constraints, we lack the availability of high quality data. The information we share today is based on sell out data, but we only have estimates on the number of bicycles and e-bikes in the pipeline."
AMSTERDAM, the Netherlands - "The future of cycling is bright," said Huub Lamers, cycling section chairman of the RAI industry association announcing the 2022 e-bike and bicycle sales in the Netherlands. The average price per unit increased last year, but not all figures show a positive trend.
AMSTERDAM, the Netherlands - The much-discussed topic of supply chain constraints have had a direct impact on product availability. Due to the delivery problems, directly related to the corona pandemic, the e-bike and bicycle market in the Netherlands saw a record sales volume decline for 2021.
LONDON, United Kingdom - In contrast to other European markets, where declines in unit sales could be offset against higher sales values, this can't be said for the UK market. The post-COVID downturn in the UK cycling market has seen the total market value fall a further 6% in 2023, following an 18% decline in 2022. On top of that, in 2023 the UK had "the worst mechanical bike sales this century," the latest data confirms.
LONDON, England – Sales data collected from UK e-bike and bicycle retailers show that the market has taken a huge drop in 2022. With e-bike sales plateauing and regular bike sales dropping 22%, the country’s Bicycle Association is calling for action as the market hits a 20-year low.
LONDON, UK - The total number of bicycles sold in the UK in 2020 reached an estimated 3.3 million units, data from market intelligence agency Mintel has revealed. This is a 22% rise on the 2019 sales. Although e-bikes are yet to play a key role in volume to the same degree as in other European markets, they have pushed the market value over the billion-pound barrier.
