Market Reports

With 57,366 units exported in Q1 2024,  is the lowest Q1 export volume to EU markets from Taiwan since 2018. - Photo Shutterstock

Drop in Taiwan e-bike exports stabilising

ZEIST, The Netherlands - The volume of e-bikes exported from Taiwan has been in a constant freefall since January 2023. At this point it was clear...

Shipments of e-bikes to the EU-27 rose by 2.5% in Q1 2024 compared to Q4 2023, the latest Eurostat data shows. – Photo Shutterstock

Freefall ends as EU-27 e-bike imports stabilise

ZEIST, the Netherlands - With key markets reporting double-digit sales drops, inventories sky-high and heavy discounting attempting to rid the...

In total domestic bicycle and e-bike sales amounted to 5.08 million units in 2023 and may fall under 5 million units in 2024 if the drop in sales continues. – Photo Jo Beckendorff

Japanese bike market struggling to get out of slump

TOKYO, Japan - While the corona pandemic caused a veritable bicycle and e-bike boom in the west, this sales boom completely bypassed Japan. The...

Europe's main bicycle markets had to swallow significant losses in a challenging year. - Photo Bike Europe

European e-bike sales take step back in 2023

ZEIST, The Netherlands - Undeniably European e-bike sales took a step back last year. In 7 European countries which have already reported their...

2023 challenges European e-bike markets

2023 challenges European e-bike markets

Undeniably European e-bike sales took a step back last year. In 7 European countries who already reported their market statistics for 2023, the total...

According to a study by the French association Vélo et Territoires, bicycle use increased by 5% in France by 2023, especially in the big cities. - Photo Cycling Montpellier

Like many countries in Europe, the French market recorded losses in...

PARIS, France - After four years of strong growth, the French market value of bicycle, parts, and accessories combined decreased by 5.5% in 2023....

Alongside (e-)cargo bikes, sales of (e)folding bikes like those offered by Viennese bicycle supplier Vello also shifted up a gear in 2023. – Photo Vello Bike

E-bikes take the lead in tough Austrian bike market

VIENNA, Austria - Even though the Austrian 2023 bicycle market recorded a double-digit drop in both volume and value sales compared to the previous...

With a growing e-bike market and a consumer preference for instore shopping, local brand Cowboy opened a brand store in Brussels in 2023. – Photo Cowboy

Belgian bicycle market drops 18% in 2023

BRUSSELS, Belgium - In Belgium, over 18% fewer bicycles were sold in 2023. Sales decreased from nearly 700,000 to 569,605 units, according to figures...

VeloStrana is one of the leading chains of bicycle shops in Russia with 16 store in 11 cities. - Photo Velostrana

How is the Russian bicycle market faring?

MOSCOW, Russia - With Western sanctions and the ever-growing isolation of Russia in the international arena, serious pressure is being put on the...

Despite losing retail market share, IBDs in Switzerland saw turnover from repairs increase in 2023. – Photo Peter Hummel

Speed pedelec trend gives Swiss market glimmer of hope

AARAU, Switzerland - This Swiss bicycle market developed in 2023 in line with other European countries. After the sales peak in 2020-2022, the market...