News Article

US Bike Imports Dropped 15%

Sales & Trends

During the first seven months of 2009, bike imports into the United States dropped 15% compared to the same period of 2008. However, not all was bad as the number of imported 27-inch & 700c wheel imported continued to grow. During the first seven months of 2009 a total of

US Bike Imports Dropped 15%

LYNDON STATION, USA – During the first seven months of 2009, bike imports into the United States dropped 15% compared to the same period of 2008. However, not all was bad as the number of imported 27-inch & 700c wheel imported continued to grow.

During the first seven months of 2009 a total of 8.7 million bicycles were imported into the US; down 1.5 million or 15.1% on the 2008 total in the same period.

The drop in value (FOB dollars) was only 6% while the average FOB unit value increased by 10%, from US$ 67.94 in the first seven months of 2008 compared to US$ 74.72 for the same period this year.

During the named period compared to 2008 20-inch wheel & larger imported bicycles decreased by 17% in units. 27-inch & 700c wheel imported bicycles continued to show the only increase, up by 15% in units and 23% in value.

7-Month YTD Total U.S. Bicycle Imports 2009 vs. 2008

 
Total Units
Total FOB Value US$
Average FOB Unit Value US$
7-Month YTD 2009
8,753,082
654,038,691
$74.72
7-Month YTD 2008
10,305,158
698,491,172
$67.78
Variance
-1,552,076
-$44,452,481
$6.94
Variance %
-15.1%
-6.4%
10.2%

 

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