Netherlands: Bicycle Market 2024

Bicycle Market Size in the Netherlands

In 2022, the Dutch bicycle market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, posted a prominent increase. Over the period under review, the market hit record highs at $X in 2021, and then declined dramatically in the following year.

Bicycle Production in the Netherlands

In value terms, bicycle production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. Bicycle production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Bicycle Exports

Exports from the Netherlands

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 continue to indicate a slight descent. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, bicycle exports contracted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of bicycle exports from the Netherlands, with a combined X% share of total exports. Denmark, Sweden, Italy, Poland, Spain, Austria, the UK, the Czech Republic and Finland lagged somewhat behind, together comprising a further X%.

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

In value terms, Belgium ($X), Germany ($X) and France ($X) were the largest markets for bicycle exported from the Netherlands worldwide, together accounting for X% of total exports. Italy, Denmark, Spain, Sweden, the Czech Republic, the UK, Poland, Austria and Finland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average bicycle export price stood at $X per unit in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Poland ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Imports

Imports into the Netherlands

In 2022, after three years of growth, there was significant decline in overseas purchases of bicycles and other cycles, when their volume decreased by X% to X units. Overall, imports, however, recorded a moderate expansion. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, bicycle imports declined to $X in 2022. In general, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

Germany (X units), China (X units) and Cambodia (X units) were the main suppliers of bicycle imports to the Netherlands, together accounting for X% of total imports. Taiwan (Chinese), the Czech Republic, Lithuania, Turkey, Sri Lanka, Hungary, the Philippines, Vietnam, Italy and Belgium lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of bicycles and other cycles to the Netherlands, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and China (X% per year).

Import Prices by Country

The average bicycle import price stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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