HELSINKI, Finland - The e-bike and bicycle boom in Finland which started during the pandemic continued into 2022. The market is still expanding in terms of market volumes, retailer turnover and average retail prices. According to industry insiders the current market developments show a sustainable change in consumer behaviour.
HELSINKI, Finland - People embraced cycling on a massive scale for commuting and leisure last year. The trends in the Finnish bicycle market are in line with developments in other European countries. As a result, the e-bike is rapidly gaining market share while the total market volume has been stable for some years.
HELSINKI, Finland - In line with the trend as in most other European countries, e-bike sales in Finland increased in 2019. Although the number of units is still relatively small, the total market volume increased spectacularly to 23,000 e-bikes last year. Just like in other European market, the growing e-bike sales sparks the business.
HELSINKI, Finland - This year's unusually hot summer had a refreshing effect on the bicycle market in Finland. All business data shows there have been busy days in retail shops throughout the summer. These shoppers were in particular buying Fat bikes and also electric bicycles. E-bike sales doubled, but in absolute numbers is still low.
STOCKHOLM, Sweden - The hot and rain-free super summer of 2018 made e-bike sales in Sweden, Denmark and Finland to skyrocket. The markets for electric bicycles in the three Nordic countries are growing to maturity, while in Sweden sales are showing such growth that the country now ranks among the largest e-bike markets of Europe.
COPENHAGEN, Denmark - While market characteristics used to be rather similar, bicycle sales in Denmark, Sweden and Finland is showing some striking differences this year. While in Denmark e-bike sales increased substantially, the Swedish e-bike market boomed by some 50%. Finland's overall sales is lagging behind.
COPENHAGEN, Denmark - The e-bike has gained a strong foothold on the three Nordic countries, Denmark, Sweden and Norway, although their overall bicycle markets declined. The transformation has not yet started in Finland. That only seems to be a matter of time as the Fins are already prepared to pay more for their bike than in the past as the volume in the top-end of the market expanded last year.
HELSINKI, Finland - The number of bicycles sold in Finland decreased in 2016, but the mood in the market is not down. There are many promising signs predicting better years ahead.
HELSINKI, Finland - In the past years, the Finnish bicycle market showed two parallel developments. The demand for better and more technical bikes is increasing, but on the other hand the market for low-cost bikes is also flourishing. This trend continued in 2015.
HELSINKI, Finland - The Finns are interested in cycling, but that is not reflected by the 2014 sales figures. There were several factors outside of the bicycle business that dampened the estimated growth. The cycling season in Finland is short and the actual sales season is even shorter.
HELSINKI, Finland - The Finnish bicycle market has been very steady in 2013 and continued the trend already seen in the previous years. There's a growing interest in better and more technical bikes.
TAMPERE, Finland - A quick look at the Finnish bicycle market gives a dull impression. The market seems to be shrinking, but a closer look shows some promising signs. According to estimates by industry insiders, the total domestic deliveries of bicycles to Finnish retailers decreased by roughly 15% in 2012.
