France: Bicycle Market 2024

Bicycle Market Size in France

The French bicycle market was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Bicycle Production in France

In value terms, bicycle production expanded notably to $X in 2022 estimated in export price. Over the period under review, production showed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Bicycle Exports

Exports from France

In 2022, shipments abroad of bicycles and other cycles decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bicycle exports declined slightly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then shrank modestly in the following year.

Exports by Country

Germany (X units), Belgium (X units) and Spain (X units) were the main destinations of bicycle exports from France, with a combined X% share of total exports. Italy, Poland, the Netherlands, Ireland, Switzerland, the UK, Portugal and Andorra lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Andorra (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Italy ($X) were the largest markets for bicycle exported from France worldwide, with a combined X% share of total exports. Belgium, Poland, the Netherlands, Switzerland, the UK, Andorra, Portugal and Ireland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Andorra, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bicycle export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Imports

Imports into France

In 2022, the amount of bicycles and other cycles imported into France fell to X units, which is down by X% compared with 2021 figures. Overall, imports saw a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, bicycle imports expanded slightly to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Italy (X units), Portugal (X units) and Romania (X units) were the main suppliers of bicycle imports to France, with a combined X% share of total imports. The Netherlands, Tunisia, Germany, Belgium, Spain, Poland, Turkey, Taiwan (Chinese), Sri Lanka and Bulgaria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bicycle suppliers to France were Italy ($X), the Netherlands ($X) and Portugal ($X), together comprising X% of total imports. Germany, Taiwan (Chinese), Belgium, Romania, Spain, Turkey, Poland, Tunisia, Sri Lanka and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bicycle import price stood at $X per unit in 2022, rising by X% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bicycle import price increased by X% against 2012 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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