AGUEDA, Portugal – 2022 proved to be a very successful year for the Portuguese bicycle and e-bike industry. The total export value increased by no less than 37% from €594 million in 2021 to more than €800 million in 2022. It makes Portugal the largest bike producer in Europe.
STOCKHOLM, Sweden - The growing popularity of e-bikes in Sweden has resulted in a market share increase from 19.5% in 2020/2021 to 21.7% over the last season which runs from September to August. The increasing sales figures of e-bikes are the real shining star in Sweden, while other categories lag behind.
TAIPEI, Taiwan - The mission set out by the Taiwan Bicycle Association to improve the quality and average FOB prices of Taiwan-made products proved successful and continued into 2022. While the assembly of bicycles made its way to other low-cost countries in the region like Vietnam and Cambodia, Taiwan hasn’t lost its once leading position completely.
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.
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.
TAIPEI, Taiwan – Notwithstanding all the reports about packed warehouses in Taiwan and high inventory levels at distributors and dealers worldwide, the shipments of e-bikes from Taiwan to global markets were at a very high level throughout 2022. Component shortages appeared to be less problematic last year than in 2021, so the assembly could run at full capacity.
PRAGUE, Czech Republic – As in other countries, some manufacturers in the Czech Republic are facing a decline in demand for e-bikes and bicycles. Although the production volumes of some brands exceeded the 2021 amount, this is not representative of the sales. Many of these (e)-bikes are currently stocked up in warehouses.
BRUSSELS, Belgium - Global bicycle sales in 2021 reached 96 million units, while the booming pedal-assisted e-bike sales are estimated at 9.7 million units. This was reported by the World Bicycle Industry Association (WBIA) in their first-ever WBIA Global Market Report.
HELSINKI, Finland - The e-bike and bicycle boom in Finland which started during the pandemic continued into 2022. The market is still expanding in terms of market volumes, retailer turnover and average retail prices. According to industry insiders the current market developments show a sustainable change in consumer behaviour.
ZEIST, the Netherlands - The adoption of the e-bike has shown a mixed pattern in Europe. In some countries people were more open to this innovation in cycling than in others, but the overall trend shows the e-bike continues to gain momentum.
