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World - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Dec 20, 2023

Top Import Markets for Bicycles

The bicycle industry is booming, with an increasing number of people adopting cycling as a means of transportation, exercise, and leisure. As the demand for bicycles continues to rise, so does the need for import markets to meet this growing demand. In this article, we will explore the top import markets for bicycles and provide key statistics to give you a comprehensive overview of the industry.

1. United States - Leading the Way

The United States takes the top spot as the world's largest import market for bicycles, with an import value of $2.0 billion in 2022. This can be attributed to the increasing popularity of cycling as a form of exercise and transportation, as well as the growing awareness of the environmental benefits of cycling. The demand for bicycles in the United States is expected to continue rising, making it a lucrative market for bicycle manufacturers and exporters.

2. Germany - A Haven for Cyclists

Germany is the second-largest import market for bicycles, with an import value of $1.2 billion in 2022. Known for its extensive network of cycling paths and cycling-friendly infrastructure, Germany has a highly developed cycling culture. The country's commitment to sustainability and green transportation has further contributed to the demand for bicycles. German consumers have a preference for high-quality bicycles, making it an attractive market for manufacturers.

3. The Netherlands - A Nation on Wheels

The Netherlands, famous for its cycling culture, takes the third spot on the list of top import markets for bicycles. With an import value of $827.7 million in 2022, the Netherlands has a strong domestic market for bicycles. Additionally, the country is a major hub for bicycle trade, serving as a gateway to other European markets. The Dutch government's investment in cycling infrastructure and promotion of cycling as a sustainable mode of transportation has further boosted the demand for bicycles.

4. Japan - Embracing Bicycles

Japan has seen a significant increase in the demand for bicycles in recent years. With an import value of $678.1 million in 2022, Japan is a leading market for bicycles in Asia. The country's aging population and focus on health and fitness have contributed to the popularity of cycling. Moreover, bicycles have become a common mode of transportation for commuting in congested urban areas. Bicycle imports to Japan are expected to grow steadily, presenting opportunities for manufacturers and exporters.

5. France - Combining Style and Function

France is a nation that values style and functionality, and this is reflected in its demand for bicycles. The country imported bicycles worth $526.8 million in 2022, making it one of the largest import markets for bicycles in Europe. French consumers have a preference for stylish and well-designed bicycles, driving the demand for premium and high-end models. The popularity of cycling as a recreational activity and the government's promotion of cycling tourism further contribute to the demand for bicycles in France.

6. United Kingdom - A Growing Market

The United Kingdom has witnessed a surge in the demand for bicycles in recent years. With an import value of $498.6 million in 2022, the UK is a significant player in the global bicycle import market. The government's push for sustainable transportation and initiatives to improve cycling infrastructure have played a crucial role in encouraging cycling among the population. Additionally, the increasing popularity of electric bicycles has further contributed to the growth of the bicycle market in the UK.

7. Belgium - Pedaling with Passion

Belgium, known for its passion for cycling, has a strong domestic market for bicycles. With an import value of $497.3 million in 2022, Belgium is an important import market for bicycles in Europe. The country's proximity to major bicycle manufacturing countries, such as the Netherlands and Germany, makes it a convenient distribution hub. Additionally, the Belgian government's investments in cycling infrastructure and promotion of cycling have fueled the demand for bicycles in the country.

8. Canada - Riding the Wave

Canada has emerged as a significant import market for bicycles, with an import value of $428.5 million in 2022. The country's vast landscapes and scenic routes make it an ideal destination for recreational cycling. Moreover, urban centers in Canada are increasingly adopting cycling-friendly infrastructure, promoting cycling as a sustainable mode of transportation. The demand for bicycles in Canada is expected to grow, offering opportunities for manufacturers and exporters.

9. Austria - A Thriving Cycling Culture

Austria, renowned for its beautiful landscapes and cycling routes, is a thriving market for bicycles. With an import value of $346.8 million in 2022, Austria has a strong demand for bicycles. The country's commitment to environmental sustainability and healthy lifestyles has fueled the popularity of cycling. Austrian consumers have a preference for high-quality bicycles, including electric and mountain bikes. The government's investment in cycling infrastructure and initiatives to promote cycling further contribute to the growth of the bicycle market in Austria.

10. Australia - Embracing the Bicycle Boom

Australia is experiencing a bicycle boom, with an import value of $336.5 million in 2022. The country's warm climate and vast landscapes make it an ideal location for outdoor activities, including cycling. Australians have embraced cycling as a means of transportation and as a way to explore the scenic routes and trails the country has to offer. The demand for electric bicycles has also witnessed significant growth in recent years. The Australian government's investments in cycling infrastructure and initiatives to promote cycling have further contributed to the growth of the bicycle market.

Conclusion

As the global demand for bicycles continues to rise, import markets play a crucial role in meeting this demand. The United States, Germany, the Netherlands, Japan, France, the United Kingdom, Belgium, Canada, Austria, and Australia are the world's best import markets for bicycles. These countries have witnessed significant growth in the bicycle market, driven by factors such as increasing consumer awareness of the environmental benefits of cycling, government initiatives to promote cycling, and a growing preference for active lifestyles.

For more in-depth insights and market intelligence, organizations can leverage the IndexBox platform. IndexBox offers comprehensive data and analysis on various industries, including the bicycle market, enabling businesses to make informed decisions and stay ahead of market trends.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global bicycle market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
  • Prodcom 30921030 -
  • Prodcom 30921050 -

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Giant Manufacturing Co. Ltd., Cycleurope AB, Derby Cycle Corporation, Dorel Industries, 3T Cycling, Orient Bikes, Phillips Cycles, Panasonic, Seven Cycles, Suzuki, Tern, Abici, Adler, Alcyon, Author, Bacchetta, Batavus, Battaglin, BMC, British Eagle, Calfee Design, Canyon bicycles, Claud Butler, Cycles Devinci, Dawes Cycles, Derby Cycle, Eddy Merckx Cycles, Gunnar, Jan Janssen, Kona, Look, Malvern Star, Nagasawa, Neil Pryde, Neobike, Olmo

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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