Italy - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBicycle Price in Italy - 2023
Contents:
- Bicycle Price in Italy (FOB) - 2023
- Bicycle Price in Italy (CIF) - 2023
- Bicycle Exports in Italy
- Bicycle Imports in Italy
Bicycle Price in Italy (FOB) - 2023
In August 2023, the average bicycle export price amounted to $479 per unit, surging by 17% against the previous month. Over the period under review, export price indicated modest growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, bicycle export price increased by +48.1% against February 2023 indices. The growth pace was the most rapid in December 2022 an increase of 72% month-to-month. As a result, the export price attained the peak level of $541 per unit. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($637 per unit), while the average price for exports to Portugal ($208 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Bicycle Price in Italy (CIF) - 2023
The average bicycle import price stood at $679 per unit in August 2023, reducing by -13.6% against the previous month. Overall, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in November 2022 an increase of 53% against the previous month. The import price peaked at $786 per unit in July 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,370 per unit), while the price for Bangladesh ($92.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bicycle Exports in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of bicycles and other cycles, when their volume decreased by -16.5% to 1.7M units. In general, exports saw a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 2M units, and then contracted markedly in the following year.
In value terms, bicycle exports surged to $399M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Bicycle in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 95.9 | 84.3 | 112 | 111 | 5.0% |
| Germany | 34.0 | 38.9 | 44.1 | 61.0 | 21.5% |
| Spain | 26.8 | 32.6 | 38.8 | 36.7 | 11.0% |
| Poland | 11.9 | 15.9 | 17.8 | 25.3 | 28.6% |
| Belgium | 16.1 | 18.2 | 22.8 | 22.7 | 12.1% |
| Netherlands | 7.5 | 8.9 | 9.4 | 15.2 | 26.5% |
| United Kingdom | 9.2 | 9.7 | 10.9 | 9.3 | 0.4% |
| Romania | 3.1 | 2.9 | 4.8 | 6.3 | 26.7% |
| Hungary | 3.0 | 4.0 | 4.8 | 6.3 | 28.1% |
| Portugal | 3.0 | 4.0 | 6.1 | 6.2 | 27.4% |
| Croatia | 4.4 | 3.5 | 4.5 | 4.9 | 3.7% |
| Others | 48.2 | 50.3 | 68.6 | 93.3 | 24.6% |
| Total | 263 | 273 | 345 | 399 | 14.9% |
Top Export Markets for Bicycle from Italy in 2022:
- France (622.5K units)
- Spain (207.2K units)
- Germany (176.1K units)
- Poland (133.4K units)
- Belgium (107.0K units)
- Romania (72.4K units)
- Hungary (39.0K units)
- Portugal (38.5K units)
- Netherlands (31.2K units)
- United Kingdom (28.0K units)
- Croatia (23.7K units)
Bicycle Imports in Italy
Bicycle imports into Italy dropped rapidly to 514K units in 2022, which is down by -18.7% on the previous year. Over the period under review, imports saw a mild contraction. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of 632K units, and then reduced notably in the following year.
In value terms, bicycle imports dropped to $212M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, imports reached the peak of $231M, and then fell in the following year.
| Import of Bicycle in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.0 | 28.2 | 49.8 | 44.5 | 11.6% |
| Netherlands | 37.6 | 42.6 | 44.9 | 34.9 | -2.5% |
| Belgium | 26.7 | 21.9 | 17.7 | 23.8 | -3.8% |
| Taiwan (Chinese) | 26.6 | 14.8 | 13.7 | 21.4 | -7.0% |
| Portugal | 13.6 | 14.7 | 21.2 | 20.3 | 14.3% |
| Romania | 6.7 | 9.3 | 12.8 | 13.6 | 26.6% |
| France | 7.0 | 11.4 | 16.3 | 11.8 | 19.0% |
| Tunisia | 1.9 | 3.6 | 5.6 | 6.8 | 53.0% |
| Turkey | 2.1 | 2.8 | 3.5 | 4.5 | 28.9% |
| Spain | 14.4 | 4.6 | 15.1 | 4.2 | -33.7% |
| Poland | 4.4 | 1.2 | 5.8 | 4.0 | -3.1% |
| Sri Lanka | 3.4 | N/A | 2.9 | 3.5 | 1.0% |
| China | 0.5 | 0.6 | 2.1 | 1.1 | 30.1% |
| Others | 19.3 | 12.7 | 19.2 | 17.1 | -4.0% |
| Total | 196 | 168 | 231 | 212 | 2.7% |
Top Suppliers of Bicycle to Italy in 2022:
- Portugal (106.1K units)
- Romania (76.8K units)
- Tunisia (58.5K units)
- Netherlands (44.2K units)
- Germany (30.1K units)
- Sri Lanka (27.7K units)
- Turkey (26.9K units)
- Belgium (23.5K units)
- Taiwan (Chinese) (21.8K units)
- China (19.9K units)
- France (18.2K units)
- Poland (12.9K units)
- Spain (9.8K units)
This report provides an in-depth analysis of the bicycle market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the bicycle market in Italy.
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This report provides an in-depth analysis of the global bicycle market.
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This report provides an in-depth analysis of the bicycle market in Italy.
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This report provides an in-depth analysis of the global bicycle market.
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Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
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In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
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In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
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In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
1923
The global trade in bicycles amounted to X million USD in 2015, fluctuating mildly over the period under review. A significant drop in 2009 was followed by robust growth over next three years, until it levelled off thro
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Canyon Bicycles, a well-known German bicycle producer, has announced the opening of an office in Melbourne, Australia, as well as the launching of direct sales in New Zealand. The new office will act as a representative of Canyon Bicycles, participatin
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Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
534
In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
1097
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
891
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
