News Article

Growth on All Fronts for European Bicycle Industry in 2014

Sales & Trends

BRUSSELS, Belgium – 2014 was a very positive year for the European bicycle industry. EU employment, production and sales in 2014 grew compared to the 2013 figures. This is the outcome of an economic study carried out by CONEBI, the Confederation of the European Bicycle Industry.

Growth on All Fronts for European Bicycle Industry in 2014
A total of 20,234,000 bicycles (including e-bikes) were sold throughout the European Union last year. – Photo Bike Europe

According to that study, named European Bicycle Industry & Market Profile (BIMP) 2015 with 2014 statistics, bicycle sales in the 28 EU member states was up 2.3%. A total of 20,234,000 bicycles (including e-bikes) were sold throughout the European Union last year.

Low estimate on e-bike sales

Production in 2014 increased also; with 5.1% according to the CONEBI study to a total of close to 12 million bikes; again including electric bicycles. With regard to e-bikes the Federation states that sales in this category grew with 25.6% to 1,139,000 units. This total is a low estimate. In its June/July edition, which contained a 2014 Market Report for EU e-bike imports and sales, this trade journal concluded that the 2014 volume of the e-bike, e-MTB and speed e-bike market in Europe stood at 1,325,000 units.

Increased number of EU workers

CONEBI states in the press release on the BIMP study that, “The investments the EU bicycle industry has been doing are bringing noticeable results.” Next to a with 5% increased production this is also reflected in an increased number of EU workers employed in the European bicycle, e-bike and bicycle parts & accessories industries. 27.670 is the number of EU workers employed by the industry in 2014 compared to 26.569 EU workers employed in 2013. This is an increase of 4.1%.

For more on the European Bicycle Industry & Market Profile 2015 see www.conebi.eu.

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